333 N 300 W - Loft/Creative Space FOR SALE


Salt Lake City, UT 84103- Capitol Hill | 
$1,960,000 USD
801-815-5765
333 N 300 W, Salt Lake City, UT for Sale
$1,960,000 USD
Loft/Creative Space - FOR SALE
1/39
null | Request Cap Rate

NEW


333 N 300 W
Salt Lake City, UT 84103
Capitol Hill


HIGHLIGHTS

  • Blocks from Downtown SLC
  • 28 Parking Stalls
  • 3 Separate Office Suites

OVERVIEW

Please do not disturb the tenants. Must have an appointment to show and listing agent must be present. Rare opportunity to acquire a freestanding commercial property in the Salt Lake City CBD, located just a few blocks north of Downtown. This well-maintained 7,688-square-foot building situated on approximately 0.31 acres offers an exceptional combination of accessibility, flexible occupancy, and investment potential. The property provides convenient access to Downtown Salt Lake City and I-15, while being located approximately 3.5 blocks from TRAX light rail, providing valley-wide connectivity, including service to Salt Lake City International Airport and the University of Utah. The building is currently configured into three separate suites, offering substantial flexibility for an owner-user or investor: Two suites are currently occupied, with flexibility for the existing tenants to remain or vacate, creating a unique opportunity for a purchaser to occupy the entire building, occupy a portion while retaining rental income, or operate the property as a multi-tenant investment. The largest suite has recently undergone an extensive renovation and features high-quality contemporary finishes, private offices, a large conference area, break room, and updated restrooms. One of the smaller suites is currently vacant and is substantially built out for a dental office, reflecting its previous use and providing an attractive opportunity for a dental or medical owner-user. The tenant occupying the third suite has expressed an interest in remaining. The property has been well maintained inside and out and includes an exceptional 28 on-site parking stalls. Freestanding buildings in this location offering this combination of owner-user flexibility, existing income potential, dedicated parking, freeway access, and proximity to Downtown and public transportation are increasingly difficult to find. This property presents a compelling opportunity for an owner-user, investor, or combination of both.

FOR SALE DETAILS

PRICE

$1,960,000 USD

PRICE/SF

$255 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Marmalade District Office

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

MU

APN/PARCEL ID

08-36-253-013-0000

ASK ABOUT THIS PROPERTY

Tyler ParrishAlign Complete Real Estate ServicesMore Info
801-815-5765

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Tyler ParrishAlign Complete Real Estate ServicesMore Info
801-815-5765

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