1290 300Salt Lake City, UT 84101

Property Details for 1290 300

Year built

1947

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.37 AC

Property size (Sq ft)

3,240 SF

Zone code

CG

Property type

Retail properties

Property subtype

Turn key restaurants

APN

15-12-453-011

APU

1512453011

Description

This exceptional restaurant opportunity is located at 1290 S 300 W in Salt Lake City, Utah, within the 84101 zip code. The property boasts a generous 1,860 square feet of space, ideal for a variety of culinary concepts. Its single-tenant occupancy ensures exclusive use and control. Situated in Salt Lake County, this property benefits from excellent visibility and accessibility, making it an attractive location for both established businesses and new ventures. The address is easily identifiable and conveniently located within Salt Lake City, offering potential for high foot traffic and strong customer base. The property is classified as a restaurant, making it a turnkey solution for those seeking a ready-to-operate establishment. This is a rare opportunity to acquire a well-positioned restaurant space in a thriving urban area. The property's size and location offer significant potential for growth and profitability. Serious inquiries are encouraged to explore this exciting investment prospect. Further details regarding lease terms and conditions are available upon request. This property is a single-tenant space, providing a streamlined operational environment. The property's latitude and longitude coordinates are 40.7419149 and -111.9001617 respectively.

• CAP approach

  CAP return

  Valuation

  6%

  $1,258,207

  6.5%

  $1,161,422

  7%

  $1,078,463

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,635,818

  Geo Method

  $1,635,818

• Alternative Use

  Use

  Valuation

  Residential

  $979,703

  Hospitality

  $897,403

  Educational

  $746,628

  Medical

  $772,306

  Retail

  $1,161,422

Location Insight

City

Salt Lake City

County

Salt Lake

State

Utah

Latitude

40.7418

Longitude

-111.9

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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