779 200Salt Lake City, UT 84111

Property Details for 779 200

Year built

1913

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.13 AC

Property size (Sq ft)

4,200 SF

Zone code

RB

Property type

Investment properties

Property subtype

Retail residential properties

APN

16-07-129-015

APU

1607129015

Description

This exceptional commercial property, located in Salt Lake City's vibrant Midtown submarket at 779 S 200 E, 84111, offers nine available spaces ranging from 119 to 2,000 square feet. Situated within the Maven District, this building provides a unique opportunity for businesses seeking a prime location in a thriving community. The property, originally constructed in 1913, underwent a complete renovation in 2024, ensuring modern amenities and a fresh aesthetic. The building is classified as Class C and features a mix of retail and office spaces, currently available for multiple tenancies. The address is conveniently located in the heart of Midtown, offering excellent visibility and accessibility. The space is ideal for a variety of businesses, from small startups to established companies seeking expansion. The flexible space allows for customization to meet individual business needs. This is an exceptional opportunity to establish a presence in a dynamic and supportive neighborhood, surrounded by other women-owned businesses. The property's recent renovation ensures modern functionality and a welcoming atmosphere. Don't miss this chance to secure your ideal workspace in a prime Salt Lake City location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,375,815

  6.5%

  $1,269,983

  7%

  $1,179,270

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,304,278

  Geo Method

  $1,304,278

• Alternative Use

  Use

  Valuation

  Residential

  $1,269,983

  Hospitality

  $1,163,298

  Educational

  $967,850

  Medical

  $1,001,136

  Retail

  $1,505,544

Location Insight

City

Salt Lake City

County

Salt Lake

State

Utah

Latitude

40.7522

Longitude

-111.885

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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