175 E 200 S - Apartments FOR SALE


Salt Lake City, UT 84111- Central Salt Lake City
$3,500,000 USD
801-907-1888
175 E 200 S, Salt Lake City, UT for Sale
$3,500,000 USD
Apartments - FOR SALE
1/25
null | 7.74% Cap Rate

175 E 200 S
Salt Lake City, UT 84111
Central Salt Lake City


HIGHLIGHTS

  • ±11,778 SF total | ±7,164 SF lot / Zoned D1 — restaurant, retail, office, or mixed-use permitted
  • Located within Opportunity Zone and 2034 Olympic investment area
  • 3 tenants in place (short-term leases with renewal interest)
  • Vacant suite + full basement ideal for owner-user or expansion
  • Steps from City Creek Center, Delta Center, and The Gateway
  • Surrounded by billions in redevelopment — Power District, new transit, and Olympic infrastructure

OVERVIEW

175 E 200 S places you directly in Salt Lake City’s downtown growth corridor — a rare D1-zoned building with both immediate income and future redevelopment potential. The property includes street-level retail, a full basement, and flexible suites ideal for restaurant, creative office, boutique fitness, or entertainment concepts. Three tenants are currently on short-term leases, offering near-term stability while leaving room for repositioning or owner occupancy.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$125 USD /SF

# OF UNITS

4

PRICE/UNIT

$875,000

CAP RATE

7.74%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Owner - User + Investment Opportunity

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1909

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

D-1

APN/PARCEL ID

16-06-110-006-0000

ASK ABOUT THIS PROPERTY

Shad SelmosKeller Williams Salt Lake CityMore Info
801-907-1888

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Shad SelmosKeller Williams Salt Lake CityMore Info
801-907-1888

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