7711 Main StMidvale, UT 84047

Property Details for 7711 Main St

Year built

1938

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.15 AC

Property size (Sq ft)

6,600 SF

Zone code

HC

Property type

Theaters & concert halls

APN

21-25-353-010

APU

2125353010

Description

This unique 7,000-square-foot mixed-use property in Midvale, Utah, presents a compelling investment opportunity. Built in 1938 and renovated in 1995, this three-story building boasts a rich history and flexible layout, currently configured as a theater and office space. The main floor features a 121-seat theater with a spacious stage (30' x 30' with 16'5" ceilings), a dance floor, cafe seating, a full kitchen with commercial-grade appliances, and a concession area. A liquor and beer license is available. The second floor houses a full stage control room and VIP seating, while the third floor offers three office suites complete with a conference room, shower, and restrooms. The property sits on a 0.15-acre lot (APN 21-25-353-010) in a prime location on Historic Main Street, just two blocks west of I-15 and five blocks from the Bingham Junction Trax Station. Benefiting from its location within a Federal Opportunity Zone and Midvale City's RDA area, the property is eligible for various grants and incentives for building improvements. The Main Street Form Based Code zoning allows for diverse uses. Ample free on-street parking and nearby parking structures provide convenient access. Matterport 3D floor plans are available for detailed viewing. The asking price is $1,700,000 ($242.86/sq ft). This property offers significant potential for redevelopment and repurposing, making it an attractive investment in a rapidly growing area.

• Alternative Use

  Use

  Valuation

  Residential

  $1,995,739

  Hospitality

  $1,828,086

  Educational

  $1,520,946

  Medical

  $1,573,254

  Retail

  $2,365,916

Location Insight

City

Midvale

County

Salt Lake

State

Utah

Latitude

40.611

Longitude

-111.91

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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