For Sale
$4,500,000

270 600Salt Lake City, UT 84101

Prime Salt Lake City warehouse, excellent development potential.

Overview

Added:
Jan 24
Days on market:
70
This exceptional industrial property, located at 270 W 600 S in Salt Lake City, Utah, presents a compelling investment opportunity. The property consists of two single-story buildings totaling 4,950 square feet on a 16,117 square foot corner lot, zoned D-1. The asking price is $4,500,000, translating to $909.09 per square foot. The property boasts a Net Operating Income (NOI) of $81,600. It offers 16 parking spaces and is currently available vacant, although a below-market lease is in place with a tenant if desired. A separately owned billboard with an easement on the parking lot is available for an additional $1.2 million; the billboard currently generates $2,700 per month in rental income on a month-to-month lease. A clean Phase 1 environmental report and a partial Phase 2 are available upon request. This property is ideal for owner-occupiers or developers seeking a prime location in the heart of downtown Salt Lake City. The property's address is 270 West 600 South, Salt Lake City, UT 84101, with APN numbers 15-01-453-007-0000 and 15-01-453-005-0000. The lease type is Net Net Plus (NN+).

Highlights

  • $4,500,000 asking price for this industrial warehouse property.
  • 4,950 square feet on a 16,117 square foot lot in Salt Lake City, UT.
  • Located at 270 W 600 S, Salt Lake City, UT 84101.
  • NN+ lease type, currently vacant or with below-market tenant in place.
  • Features two one-story buildings with 16 parking spaces and D-1 zoning.

Property Details for 270 600

Property type
Warehouses, Industrial properties
Square Feet
4,950 SF
Buildings
2
Stories
1

Location Insight

City
Salt Lake City
County
Salt Lake
State
Utah
Latitude
40.7566488
Longitude
-111.8990114
270 600, Salt Lake City, Utah

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270 600
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