Experience exceptional downtown convenience with the prime office facilities at 264-268 W 400 S in Salt Lake City, Utah. This rare opportunity allows businesses to place themselves in a strategic location for effortless access to downtown amenities, restaurants, and transportation.
264-268 W 400 S has an expansive and adaptable layout spanning 14,930 square feet across two floors, designed to evolve with the needs of a growing business. The first floor comprises secure gated garage parking and an EV charging station with direct elevator access, ensuring ultimate ease of entry and security. The property underwent a full renovation in 2004, and the upper level received significant additional updates in 2020. Delivered vacant and currently fully built out as a dental practice, the building provides a running start to businesses in similar healthcare industries looking for quality space at the heart of Downtown Salt Lake City. Thanks to the high traffic and easily accessible location, this space is also perfect for many other uses, including standard office, retail, or salon suites, which could utilize the existing exam rooms as rentable micro-suites for individual business operators.
Sitting near the heart of Downtown Salt Lake City, 264-268 W 400 S places businesses near the city’s most popular attractions and demand drivers. Reachable within five minutes of the property, the Salt Palace Convention Center, the Delta Center, The Gateway, the City Creek Center shopping mall, Pioneer Square Park, Temple Square, and the Salt Lake Temple bring exceptional traffic to the area. Thanks to recent efforts to stimulate growth Downtown, the property sits within a qualified Opportunity Zone. This allows buyers to benefit from substantial potential capital gains tax incentives. The area also hosts top-tier entertainment, shopping, and dining amenities, enhancing employees’ work-life balance.
Downtown Salt Lake City may be the oldest district in the city, but it’s become a magnet for trendy bars and nightlife — especially on Broadway near Gallivan Plaza Station. The neighborhood is also big on arts and culture, with many museums, music venues, and art galleries encompassing it. Down the road on Main Street is the City Creek Center. This indoor/outdoor state-of-the-art center features luxury stores and an impressive selection of restaurants. The natural landscapes of Red Butte Canyon provide a beautiful backdrop for area residents and offers spectacular panoramic views.
Downtown Salt Lake City’s strong economy and rich natural beauty have made it a popular destination for businesses and professionals, supporting new businesses with robust demographics. Within 3 miles of 264-268 W 400 S, there is a growing population of almost 150,000. These residents are highly educated, with 41% carrying a bachelor's degree or higher and an average household income exceeding $81,000. These avid shoppers delivered more than $1.9 billion in consumer spending during 2023. This valuable and growing customer base makes Downtown Salt Lake City the perfect location for a growing office or retail business.
Contact the broker to set up a tour and learn more about this exciting opportunity.