Introducing a prime investment opportunity in the heart of downtown Salt Lake City! Nestled at 231-233 S Edison Street, this street retail property is part of the prestigious Warhol Lofts building, offering a seamless blend of commercial vibrancy and luxury living. Boasting a solid NNN lease, this property is a lucrative investment, generating $173,376.00 annually with 3% annual increases. The lease extends until November 30th, 2033, with the added benefit of four 5-year options to renew, ensuring long-term stability and profitability. Currently occupied by the esteemed Franklin Avenue Cocktails & Kitchen, known for its high-end cuisine and crafted cocktails, the tenant's guarantor brings a wealth of experience, owning multiple successful restaurants in downtown Salt Lake City. Whether you're seeking a reliable income stream or a strategic addition to your portfolio, this opportunity presents unmatched potential in one of Salt Lake City's most sought-after locations. Don't miss your chance to secure your stake in this thriving urban landscape!
This is a great opportunity to acquire an owner occupied or investment building. Incredible location with a drive through on a hard signaled corner. This area, particularly on 300W, is a growth location with a lot of continued development and redevelopment. The location has great deposits for the Bank. The building is 3,250 SQ FT and has a large .82 acre lot. This site is just off I-80 and I-15, minutes to downtown Salt Lake City, the new SLC International Airport, and about 45 minutes to the ski areas. This location services newly constructed multi family buildings to numerous mixed use businesses.
This recently renovated contemporary 3200+ sq ft building is located perfectly on State Street with an average annual daily traffic of 45,000 and boasts convenient street parking along with 14 additional fenced parking spots in the back. New roof, updated electrical, HVAC and exterior. Perfect for a plethora of businesses- featuring an open showroom up front and ample storage in the back. So many possibilities- absolutely must see.
Basement unit with permits already granted for 200 s walkout entrance. Newly installed elevator, garage floor access can be purchase with units 103 & 104 above (MLS # 1992490) *Buyer to verify sqft.
Ready-to-go restaurant space and or mixed-use. Includes kitchen venting and sinks. Option to buy basement unit 001(listed separately) new windows that fully open to 200 s. New elevator that goes to unit 001 below. Can be purchased with lower unit 001(MLS# 1992498) *Buyer to verify sqft.
Remarkable opportunity for redevelopment investors or owner/users. The Medical Dental Plaza offers a large land plot and rare air rights. With its optimal location, this office is a standout for high visibility in a bustling area. Say goodbye to exorbitant rates and expensive parking; our office condo provides the best of both worlds. Situated within walking distance of the downtown central business district, you'll enjoy the convenience of City Creek Mall, renowned restaurants, shopping destinations, hotels, and the lively downtown business district. This remodeled office condo features a reception area, 9 offices, a corridor workspace with sink, and restroom. Plus, there's an abundance of free parking-drive up, surface lot, and street parking. New paint & updated lighting throughout entire suite 5/2024.
The median home value in Salt Lake City, UT is $1,015,000. This is higher than the county median home value of $540,700. The national median home value is $338,100. The average price of homes sold in Salt Lake City, UT is $1,015,000. Approximately 44.36% of Salt Lake City homes are owned, compared to 47.46% rented, while 8.18% are vacant. Salt Lake City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Salt Lake City real estate agent to arrange a tour today!
Salt Lake City, Utah has a population of 199,153. Salt Lake City is less family-centric than the surrounding county with 31.07% of the households containing married families with children. The county average for households married with children is 38.99%.
The median household income in Salt Lake City, Utah is $65,880. The median household income for the surrounding county is $82,206 compared to the national median of $69,021. The median age of people living in Salt Lake City is 32.4 years.
The average high temperature in July is 91 degrees, with an average low temperature in January of 23.3 degrees. The average rainfall is approximately 19.5 inches per year, with 53.6 inches of snow per year.