2052 Prospector AvePark City, UT 84060

  • Other commercial real estate
  • 6,000 SF
For Sale
$1,995,000 View listing

Property Details for 2052 Prospector Ave

Year built
1994
Lot size
0.07 AC
Property size (Sq ft)
6,000 SF
Property type
Other commercial real estate
APN
PSA-18-B
APU
PSA18B

Description

This exceptional two-story, 6,000-square-foot traditional office building in Park City, Utah, is available for purchase at $1,995,000. Built in 1994, this property boasts a prime location at 2052 Prospector Ave, 84060, situated in the heart of Prospector Square and conveniently backing onto Berrett Lane. The building features three separate units, currently occupied by three tenants, offering immediate income potential. The asking price equates to $332.50 per square foot. The property provides ample parking, including both surface and underground options. With a net rentable area of 6,000 square feet, this multi-tenant building presents a flexible investment opportunity, allowing a new owner to shape the future direction of the property. The occupancy date for the building is July 1, 2024. This is a rare chance to acquire a piece of Park City's history and capitalize on its thriving commercial market. The building consists of one structure with a total of three units.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,823,543
    Hospitality
    $1,670,356
    Educational
    $1,389,716
    Medical
    $1,437,511
    Retail
    $2,161,781
2052 Prospector Ave, Park City, Utah

Location Insight

City
Park City
County
Summit
State
Utah
Latitude
40.6634
Longitude
-111.495
CBSA code
25720
CBSA name
HEBER, UT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,489
$274,410
$1,586,070
$1,860,480
-
$274,410
$1,586,070
$1,860,480

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