24 S 600 E - Office/Residential FOR SALE


Salt Lake City, UT 84102- Central Salt Lake City
$1,595,000 USD
435-513-0696
24 S 600 E, Salt Lake City, UT for Sale
$1,595,000 USD
Office/Residential - FOR SALE
1/24
null | Request Cap Rate

24 S 600 E
Salt Lake City, UT 84102
Central Salt Lake City


HIGHLIGHTS

  • Double-Lot (.30 Acres)
  • Apartment to Office Conversion
  • Zoning Updated to MU-6 Mixed Use

OVERVIEW

Newport Square is a seven-unit building at the edge of Salt Lake's Central City and South Temple neighborhoods, just blocks from downtown. Known for its historic charm, the area is home to stately properties like the Governor's Mansion, active redevelopment, and many local businesses, with easy access to desirable residential neighborhoods including the Avenues and Federal Heights. Six apartment units were converted to private offices over twenty years ago, and a seventh office was added on the top level. All tenants are long-term on month-to-month leases. The owner occupies the top-level office and six garages, all of which could be leased for additional revenue. The property sits on a double-size .30-acre lot with ample off-street parking and was recently rezoned to MU-6 Mixed-Use. Inquire for financials and additional information.

FOR SALE DETAILS

PRICE

$1,595,000 USD

PRICE/SF

$279 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Newport Square

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1893

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

MU-6

APN/PARCEL ID

16-06-226-039-0000

ASK ABOUT THIS PROPERTY

Hank MastainSummit Sotheby's International RealtyMore Info
435-513-0696

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Hank MastainSummit Sotheby's International RealtyMore Info
435-513-0696

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