150 3300South Salt Lake, UT 84115

  • Retail properties
  • 6,420 SF
For Sale
$1,575,000 View listing

Property Details for 150 3300

Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.17 AC
Property size (Sq ft)
6,420 SF
Zone code
CC
Property type
Retail properties
Property subtype
Drive through restaurants
APN
16-30-376-001
APU
1630376001

Description

This exceptional 2,000 square foot restaurant space is ideally situated in South Salt Lake City, Utah, at 150 E 3300 S, zip code 84115. The property is categorized as retail, offering a single-tenant occupancy opportunity. Its location provides excellent visibility and accessibility for potential businesses. The space is currently vacant and ready for immediate occupancy, presenting a blank canvas for a new culinary venture or a relocation opportunity for an established restaurant. The address is easily accessible from major roadways, ensuring convenient access for both customers and staff. The building's layout is designed to accommodate a variety of restaurant concepts, offering ample space for dining areas, kitchen facilities, and storage. This property represents a significant opportunity for entrepreneurs looking to establish a thriving restaurant in a vibrant and growing community. The property's size and location make it an attractive investment for those seeking a strong return on investment in the thriving South Salt Lake City market. Detailed floor plans and specifications are available upon request. This is a rare opportunity to secure a prime restaurant space in a desirable location. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,493,133
    6.5%
    $2,301,354
    7%
    $2,136,971
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,241,342
    Geo Method
    $3,241,342
  • Alternative Use

    Use
    Valuation
    Residential
    $1,941,278
    Hospitality
    $1,778,200
    Educational
    $1,479,442
    Medical
    $1,530,322
    Retail
    $2,301,354
150 3300, South Salt Lake, Utah

Location Insight

City
South Salt Lake
County
Salt Lake
State
Utah
Latitude
40.6996
Longitude
-111.887
CBSA code
41620
CBSA name
SALT LAKE CITY, UT METROPOLITAN 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
$6,289
$238,800
$290,500
$529,300
-
$238,800
$290,500
$529,300

FAQs

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