312 E South Temple - Office FOR SALE


Salt Lake City, UT 84111- Central Salt Lake City
$5,500,000 USD
801-885-4304
312 E South Temple, Salt Lake City, UT for Sale
$5,500,000 USD
Office - FOR SALE
1/15
null | Request Cap Rate

312 E South Temple
Salt Lake City, UT 84111
Central Salt Lake City


HIGHLIGHTS

  • Three-Story Office Building For Sale in the Heart of Downtown Salt Lake City
  • Building Features Two Surface Level Parking Lots For Exclusive Building Use
  • Fully Renovated Office Building Configured with Flexible Floor Plans and Quality Build Outs
  • Located Near Several of Downtown's Key Destinations, Including the Utah State Capital, Temple Square, City Creek Center and the Salt Palace

OVERVIEW

Newmark Mountain West is proud to present 312 E. South Temple as an Investment or Owner/User Sale. PROPERTY OVERVIEW 312 E. South Temple is located in the heart of Downtown Salt Lake City, one of the Mountain West’s most dynamic urban cores. This office benefits from high walkability and proximity to major civic, cultural, and business amenities, including the Salt Palace Convention Center, Vivint Arena, theaters, hotels, and premier retail and dining destinations, making it an attractive locations for office users and investors. The asset is a three-story office building with approximately 11,661 square feet of space, configured with flexible floor plans and quality build-outs, including conference rooms, private restrooms, exposed ceilings, and modern amenities. There are 35 parking stalls on site, allowing for convenience. DOWNTOWN REDEVELOPMENT Downtown is attracting mixed-use and office growth, with transit-oriented strategies pairing commercial space with residential and retail amenities. The city’s planning initiatives, including the Downtown Plan and Rio Grande District vision, emphasize walkability, connectivity, and economic development as catalysts for future investment activity. GROWTH AREA Salt Lake City is the most populous city in Utah and a central hub of the Salt Lake City metropolitan area (approx. 1.3 M people). The city itself has an estimated population of ~217,000 in 2026, reflecting continued growth of roughly 2–3 % annually. The city prides itself on its young professional demographics bringing stronger business and economics to the area. SURROUNDED BY MAJOR ATTRACTIONS & SHOPPING AREAS The property is is located near several of Downtown Salt Lake City’s key destinations, including the Utah State Capitol, Temple Square, City Creek Center, The Gateway, and the Salt Palace Convention Center. Two miles east sits the University of Utah and the Rice-Eccles Stadium. See OM For More Details and Information

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$472 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

312 East South Temple

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

R-MU

APN/PARCEL ID

16-06-128-010-0000

ASK ABOUT THIS PROPERTY

Lance PendletonMountain West RetailMore Info
801-885-4304

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Lance PendletonMountain West RetailMore Info
801-885-4304

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