About This Restaurant
Investment Highlights
Lots of Natural Light Open Floorplan Corner Lot on a Major Street Versatile Zoning: Ideal for retail, commercial, restaurant, brewery, and multi-use applications.
Executive Summary
Prime Commercial Property in South Salt Lake Downtown District RARE Opportunity Alert! Secure a premium corner property offering the convenience of downtown amenities without the hassle of parking shortages. Versatile Zoning: Ideal for retail, commercial, restaurant, brewery, and multi-use applications. Contemporary Modern Design by architect Kin Ng. Features 18ft ceilings, clear view story with skylights, roll-up glass doors ensuring ample natural light and an open, airy atmosphere. 560 sq ft Mezzanine: Included in the total square footage. PLEASE DO NOT DISTURB TENANTS: Current lease in place until August 31, 2024. Zoning Verification: Buyers should confirm potential uses with the South Salt Lake Planning and Zoning Commission. Showings: By appointment only through the listing agent.
Property Details
- Sale Type Investment or Owner User
- Sale Conditions 1031 Exchange 1031 Exchange REO Sale 1031 Exchange
- Property Type Retail
- Property Subtype Freestanding Freestanding Flex Showroom General Retail Restaurant General Retail Storefront Retail/Office Freestanding
- Building Size 7,928
- Building Class B
- Year Built 2006
- Price 2,950,000
- Price Per SF 372
- Building Height 1 Story
- Building FAR 0.29
- Land Acres 0.63 AC
- Opportunity Zone Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Amenities
- Bus Line
- Corner Lot
- Fenced Lot
- Mezzanine
- Skylights
- Tenant Controlled HVAC
- Air Conditioning
Nearby Amenities & Transportation
Retail | Famous Dave's | ||
Retail | Winco Foods | ||
Retail | IHOP | ||
Retail | Starbucks | ||
Retail | Jack in the Box | ||
Retail | Cafe Rio | ||
Retail | U.S. Bank | ||
Retail | Chase Bank | ||
Retail | Bank of America | ||
Retail | United Rentals |
Property Taxes
Parcel Number | 15-24-277-036-0000 | Improvements Assessment | $464,200 |
Land Assessment | $577,200 | Total Assessment | $1,041,400 |
Date Created: | 2024-07-16 04:23:46 | Last Updated: | 2024-07-16 04:23:46 |
Address: | 2350 S West Temple , Salt Lake City, Utah, 84115 |