7708 700Midvale, UT 84047

Property Details for 7708 700

Lot size

0.33 AC

Zone code

C-N

Property type

Commercial land

APN

22-30-477-018

APU

2230477018

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $4,346,778

  Hospitality

  $3,981,626

  Educational

  $3,312,666

  Medical

  $3,426,594

  Retail

  $5,153,036

Location Insight

City

Midvale

County

Salt Lake

State

Utah

Latitude

40.6112

Longitude

-111.873

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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