851 Richards StSalt Lake City, UT 84101

Property Details for 851 Richards St

Year built

1955

Construction

WOOD FRAME

Lot size

0.13 AC

Property size (Sq ft)

4,074 SF

Zone code

D2

Property type

Warehouses

APN

15-12-278-025

APU

1512278025

Description

This exceptional 4,000 square foot freestanding building presents a rare investment opportunity in Salt Lake City's vibrant Central Ninth district. The property, located at 851 S Richards St, Salt Lake City, UT 84101, boasts a versatile D-2 zoning designation, opening doors to a wide range of uses and development possibilities. The single building sits on a 0.17-acre lot and features one dock-high door, ideal for efficient loading and unloading. Currently vacant, the property is ready for immediate occupancy, with an anticipated occupancy date of September 1st, 2024. Its prime location offers convenient access to Interstate 15 and the heart of downtown Salt Lake City, providing unparalleled connectivity and exposure. The building's 4,000 square feet of net rentable space is perfect for a variety of businesses, from creative offices and flex spaces to retail storefronts. This owner-user opportunity combines the benefits of a strategic location with the flexibility of a mixed-use zoning classification. The property's APN is 15-12-278-025, 15-12-278-030. Don't miss this chance to acquire a unique and highly desirable property in a rapidly growing area. This is a truly exceptional opportunity for a discerning investor or business owner seeking a versatile and well-located space.

• Alternative Use

  Use

  Valuation

  Residential

  $1,231,884

  Hospitality

  $1,128,399

  Educational

  $938,815

  Medical

  $971,102

  Retail

  $1,460,378

Location Insight

City

Salt Lake City

County

Salt Lake

State

Utah

Latitude

40.7506

Longitude

-111.892

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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