For Sale
$1,260,000

1082 Wasatch Spg RdHideout, UT 84036

Prime Office/Retail Space, New Construction

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional investment opportunity presents eight vacant units in a new, Class A commercial building located in Hideout, Utah, at 1082 Wasatch Spring Rd. The property features two buildings with two stories each, totaling 20 units, and offers a mix of 1,785 to 2,000 square feet of space per unit. Units are available in two configurations: two-story units with completed office space including bathrooms on each floor and a kitchenette, or single-story units with roller door frontage and a "white box" finish, ready for tenant build-out. The property is zoned for mixed commercial use, allowing for a variety of businesses, and boasts ample parking (8 spaces per unit). Located minutes from Park City and Jordanelle Reservoir, this property benefits from its proximity to Hwy 248 and the new Jordanelle Parkway, providing easy access to Deer Valley East Village and nearby amenities. The asking price is $1,260,000, and the lease type is NNN. This is a unique opportunity to own a piece of a rapidly developing commercial corridor, ideal for owner-users seeking a versatile and strategically located property. The property is currently 25% occupied, with a remaining lease term of 5 years. The building was completed in 2024.

Highlights

  • Eight vacant units in a new Class A commercial building in Hideout, UT.
  • Two buildings, each two stories, totaling 20 units, with unit sizes ranging from 1,785 to 2,000 square feet.
  • Units offer two configurations: two-story units with finished office space and kitchenettes, or single-story units with roller doors and "white box" finishes.
  • Mixed commercial zoning allows for diverse business types.
  • Ample parking (8 spaces per unit).
  • Prime location near Park City, Jordanelle Reservoir, Hwy 248, and the new Jordanelle Parkway, providing easy access to Deer Valley East Village.

Property Details for 1082 Wasatch Spg Rd

Property type
Retail properties, Office properties
Square Feet
1,785 SF
Class
A
Year Built
2024
Buildings
2
Stories
2
Units
8

Location Insight

City
Hideout
County
Wasatch
State
Utah
Latitude
40.6757106
Longitude
-111.4317292
1082 Wasatch Spg Rd, Hideout, Utah

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1082 Wasatch Spg Rd
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