343 W 400 S - Loft/Creative Space FOR SALE


Salt Lake City, UT 84101- Central Salt Lake City
$3,950,000 USD
801-947-8300
343 W 400 S, Salt Lake City, UT for Sale
$3,950,000 USD
Loft/Creative Space - FOR SALE
1/38
null | Request Cap Rate

NEW


343 W 400 S
Salt Lake City, UT 84101
Central Salt Lake City


OVERVIEW

Positioned in the heart of downtown Salt Lake City, this quality CBD office building delivers an exceptional opportunity for owner–users seeking a high-caliber asset with unmatched versatility. Originally constructed in 1947, the property blends historic character with modern performance following a comprehensive 2019 renovation. The full remodel included new interior finishes, a new roof, upgraded windows, and refreshed HVAC systems—creating a turnkey environment suitable for a wide variety of professional, creative, or operational uses. Totaling approximately 10,400 square feet, the single-story masonry structure features efficient floor plates and strong street-level presence. The building is currently occupied one tenant who leases half of the premises, offering incoming buyers valuable flexibility—whether pursuing immediate occupancy or phased deployment. With its combination of condition, location, and adaptability, the property stands out as a rare chance to secure prime downtown space at a fraction of replacement cost. Owner–users between 5,000 and 10,400 square feet will find significant strategic upside, and the existing tenancy broadens the buyer pool while providing optional income continuity. This thoughtfully upgraded asset offers a unique alternative to new construction, delivering move-in quality and long-term stability in one of Salt Lake City’s most dynamic commercial districts.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$359 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

D-2

APN/PARCEL ID

15-01-330-006-0000

ASK ABOUT THIS PROPERTY

Brandon FugalColliersMore Info
801-947-8300

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Brandon FugalColliersMore Info
801-947-8300

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