1000 Main StSalt Lake City, UT 84101

Property Details for 1000 Main St

Year built

1960

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.93 AC

Property size (Sq ft)

24,354 SF

Zone code

CC

Property type

Strip malls

Property subtype

Neighborhood centers

APN

15-12-430-027

APU

1512430027

Description

This exceptional retail property, located at 1000 South Main Street in Salt Lake City, Utah, offers 24,354 square feet of prime commercial space. The building is comprised of six individual suites, providing flexibility for various business needs. Currently, 9,896 square feet of contiguous space is available for lease, ideal for a larger tenant seeking significant visibility. Smaller businesses will also find suitable options, with a minimum divisible space of 2,096 square feet. The property's location in Salt Lake County, zip code 84101, ensures high foot traffic and excellent exposure. This multi-tenant building presents a unique opportunity for businesses seeking a prominent location in a thriving urban area. The available space offers significant potential for a variety of retail concepts. The property's address is 1000 S Main St, Salt Lake City, UT. Interested parties should note the total building size and the range of available space to determine the best fit for their operational requirements. This is a remarkable opportunity to establish or expand a business in a highly desirable Salt Lake City location. The property is categorized as retail commercial space.

• CAP approach

  CAP return

  Valuation

  6%

  $9,457,515

  6.5%

  $8,730,014

  7%

  $8,106,442

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,295,896

  Geo Method

  $12,295,896

• Alternative Use

  Use

  Valuation

  Residential

  $7,364,094

  Hospitality

  $6,745,470

  Educational

  $5,612,152

  Medical

  $5,805,162

  Retail

  $8,730,014

Location Insight

City

Salt Lake City

County

Salt Lake

State

Utah

Latitude

40.7476

Longitude

-111.892

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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