175 E 200 S - Apartments FOR SALE


Salt Lake City, UT 84111- Central Salt Lake City
$3,800,000 USD
801-907-1888
175 E 200 S, Salt Lake City, UT for Sale
$3,800,000 USD
Apartments - FOR SALE
1/23
null | 7.13% Cap Rate

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


HIGHLIGHTS

  • Street-level retail plus basement | ±11,778 SF
  • Zoned D1 - ideal for restaurant, retail, or office
  • 3 tenants on short-term leases with renewal interest
  • Vacant unit + basement perfect for owner-user
  • Located in downtown SLC near City Creek & Delta Center
  • Opportunity Zone with 2030 Olympics & Power District upside

OVERVIEW

This ±11,778 square foot property includes both the street-level retail space and the full basement, offering a versatile layout suitable for a range of users. Zoned D1, it allows for a variety of uses including restaurant, pub, retail, or office. Three tenants are currently in place on short-term leases and have expressed interest in renewing, providing immediate income while maintaining flexibility. The vacant unit and basement present a strong owner-user opportunity for a business seeking a downtown presence. The property is surrounded by some of Salt Lake City’s most notable destinations, including City Creek Center, the Delta Center, and The Gateway, and is positioned in a designated Opportunity Zone with future upside tied to the anticipated 2030 Olympics and nearby Power District redevelopment.

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$136 USD /SF

# OF UNITS

4

PRICE/UNIT

$950,000

CAP RATE

7.13%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stratford Hotel Apartments

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

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

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

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