1315 W 500 N - Freestanding FOR SALE


Salt Lake City, UT 84116- Fairpark
$1,700,000 USD
801-369-2139
1315 W 500 N, Salt Lake City, UT for Sale
$1,700,000 USD
Freestanding - FOR SALE
1/7
null | 10.6% Cap Rate

1315 W 500 N
Salt Lake City, UT 84116
Fairpark


OVERVIEW

Excellent opportunity to acquire a cash-flowing commercial property with an established operating business. This location is part of a four-property laundromat portfolio in Salt Lake County offered at $6,175,000. Investors may purchase individual locations or inquire about the full portfolio. Each laundromat in the portfolio has been recently renovated and equipped with modern, high-efficiency machines featuring integrated management software that allows owners to monitor performance, usage, and operations remotely from a smartphone or computer with an internet connection. All locations are positioned in high-traffic neighborhoods across Salt Lake County, providing strong customer access and consistent demand for self-service laundry. This specific listing is located in the Rose Park area of Salt Lake City, serving a dense residential population with steady laundry demand. Portfolio structure: • Four total laundromat locations • Two owner-occupied properties included in the sale • Two leased locations with long term lease terms and extension Additional portfolio listings: • MLS 5312835 • MLS 2137580 • MLS 5314876 • MLS 5316827 This opportunity may appeal to investors seeking stable cash flow, entrepreneurs entering the laundromat industry, or experienced operators looking to expand an existing portfolio.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$873 USD /SF

CAP RATE

10.6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,969 SF

ZONING

CN

APN/PARCEL ID

08-35-151-008-0000

ASK ABOUT THIS PROPERTY

Kelli McCulloughColliersMore Info
801-369-2139

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Kelli McCulloughColliersMore Info
801-369-2139

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.