This exciting riverfront property is located walking distance from the Trax light rail train station, and within an Opportunity Zone. This area is growing quickly, with a successful apartment complex adjacent to the property. Owner currently occupies the property and willing to discuss leaseback.
Property Information:
Office + Industrial Warehouse + Car Lot
Currently used as a successful retail auto dealership.
Ground level bays, currently used for auto mechanic and auto body repairs.
Value add opportunity: Property is in an opportunity zone and any qualifying investment will grow tax free.
Located adjacent to Big Cottonwood Creek.
Close proximity to Trax Station and freeway.
Development opportunity; Millcreek is pro-builder and has a track record of approving new development projects.
Year Built: 2003
Building SF: 5,272
Acres / SF: 1.29 Acres / 56,192 SF
Frontage: ~243 on State Street.
Parking: Approximately 100 spaces.
Zoning: M-1, Light manufacturing, warehousing, and commercial uses allowed in the C-3 zone.
For additional information on zoning: https://millcreek.municipalcodeonline.com/book?type=planzone#name=Chapter_19.66_LIGHT_MANUFACTURING_ZONE_%22M%22
*Buyer to confirm all details; most data from public and tax records.