307 200Salt Lake City, UT 84101
- Mixed-use properties
- 49,449 SF
Property Details for 307 200
- Year built
- 1911
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.62 AC
- Property size (Sq ft)
- 49,449 SF
- Zone code
- D-4
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 15-01-251-003
- APU
- 1501251003
Description
The Crane Building, located at 307 W 200 S in Salt Lake City, UT 84101, offers a unique opportunity for businesses seeking creative office space in a vibrant downtown setting. This multi-tenant building boasts a total of 44,040 square feet, with a variety of suite sizes available. The minimum divisible space is 242 square feet, ideal for smaller startups or satellite offices, while larger tenants can occupy up to 3,547 contiguous square feet. Currently, there are 6,955 square feet of vacant space ready for immediate occupancy. The building's versatile design caters to a range of business needs, encompassing both retail and office spaces. The creative office subtype is particularly well-suited for companies in design, technology, or the arts, appreciating the building's character. High ceilings, measuring 10 feet, contribute to a spacious and airy atmosphere. This prime location in downtown Salt Lake City provides excellent access to amenities, transportation, and a thriving business community. The property is perfect for businesses seeking flexible and adaptable workspace in a desirable urban environment. Inquire today to learn more about leasing options and explore the possibilities of establishing your business within this dynamic building.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $16,198,220
- 6.5%
- $14,952,203
- 7%
- $13,884,189
-
Comparable approach
- Method
- Valuation
- Relative Method
- $15,356,016
- Geo Method
- $15,356,016
-
Alternative Use
- Use
- Valuation
- Residential
- $14,952,203
- Hospitality
- $13,696,138
- Educational
- $11,395,026
- Medical
- $11,786,918
- Retail
- $17,725,596
Location Insight
- City
- Salt Lake City
- County
- Salt Lake
- State
- Utah
- Latitude
- 40.7646
- Longitude
- -111.9
- CBSA code
- 41620
- CBSA name
- SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
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- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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