For Sale
$1,495,000

7708 700Midvale, UT 84047

Prime Midvale location, redevelopment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 5,626 square foot, two-story office building situated on a 0.63-acre lot in Midvale, Utah. The property, located at 7708 S 700 E, boasts a desirable Commercial Neighborhood (CN) zoning, allowing for diverse development options. Built in 1977, the existing Class C building offers immediate income potential, currently featuring 13 rooms suitable for offices, a large bullpen area, and existing infrastructure for a phone system. Previously used as a call center, the space is well-suited for professional, medical, or corporate office uses. The property's prime location offers high visibility and traffic, situated across from Harmon's Grocery Store and between Hillcrest High School and Union Middle School. With ample parking and convenient access, this property presents a compelling redevelopment opportunity. The 0.63-acre lot allows for the construction of approximately 15,000+ square feet of new space, with approved uses including commercial, retail, and office, and building heights up to 40 feet. The asking price for this exceptional property is $1,495,000. An adjacent 0.3-acre lot is also available for purchase, offering the potential for a larger development. The property's APN is 22304770190000 and 22304770180000.

Highlights

  • 0.63-acre developable land parcel with a 5,626 SF existing office building (APN: 22304770190000 & 22304770180000).
  • Existing office building suitable for continued use or redevelopment. North parking lot requires paving.
  • High visibility, high traffic count, and high-income demographic location.
  • Directly across from Harmon's Grocery Store.
  • Situated between Hillcrest High School and Union Middle School.

Property Details for 7708 700

Property type
Office properties, Land
Square Feet
5,626 SF
Class
C
Year Built
1977
Buildings
1
Stories
2
Lot Size (sq. ft)
27,443 SF

Location Insight

City
Midvale
County
Salt Lake
State
Utah
Latitude
40.611182
Longitude
-111.872649
7708 700, Midvale, Utah

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7708 700
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