749 Center StMidvale, UT 84047

Property Details for 749 Center St

Year built

1941

Construction

WOOD FRAME

Lot size

0.19 AC

Property size (Sq ft)

2,988 SF

Zone code

C-2

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

21-26-483-019

APU

2126483019

Description

This exceptional 2,800 square foot office building, constructed in 1941, is ideally situated in Midvale, Utah, at 749 W Center St, 84047. The property boasts a prominent Center Street location with easy access and a center turning lane, offering excellent visibility and convenience. The single-story building sits on a 0.19-acre lot and features ample parking with six dedicated stalls, including a handicap-accessible space and ramp, ensuring ADA compliance. The interior is currently configured as a professional office space, with the main floor divided into four offices and a conference room. A lower level, accessible via a separate outside entrance, presents potential for independent leasing. The building includes convenient amenities such as private bathrooms and a kitchenette. Zoned Commercial C-2, this versatile property offers a wide range of future development possibilities, while currently functioning as a well-maintained office space. Its convenient mid-valley location provides proximity to I-15, Gardner Village, TRAX light rail, and numerous restaurants. The attached zoning information provides further details on permitted uses. This is a rare opportunity to acquire a well-maintained, centrally located office building in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $978,819

  6.5%

  $903,526

  7%

  $838,988

• Comparable approach

  Method

  Valuation

  Relative Method

  $927,901

  Geo Method

  $927,901

• Alternative Use

  Use

  Valuation

  Residential

  $903,526

  Hospitality

  $827,625

  Educational

  $688,574

  Medical

  $712,255

  Retail

  $1,071,115

Location Insight

City

Midvale

County

Salt Lake

State

Utah

Latitude

40.6102

Longitude

-111.911

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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