151 Navajo St Salt Lake City, UT 84104

This exceptional 3.27-acre site in Salt Lake City's Power District presents a remarkable multifamily development opportunity. Located just steps from the proposed MLB stadium and entertainment district, and within walking distance of the light rail, this property offers unparalleled access to amenities and transit. The site boasts riverfront access to the Jordan River and is already zoned for residential multifamily use, permitting up to 70 vertical feet (7 floors) and potentially accommodating up to 500 residential units. Previous buildings have been removed, and environmental remediation is nearing completion, making this a shovel-ready project. The Power District's significant growth, fueled by a substantial state investment of $900 million and the potential arrival of an MLB team, promises exceptional long-term value and strong rental demand. This is a rare chance to capitalize on a rapidly developing area with excellent infrastructure and a vibrant future. The property is situated at 151 Navajo St, Salt Lake City, UT 84104, in Salt Lake County. The asking price is $8,285,200. This transit-focused location, with its approved zoning and completed environmental work, ensures a streamlined development process. Don't miss this chance to be part of Salt Lake City's exciting transformation.