Rare 0.71-acre development-ready site in the heart of Salt Lake City's rapidly evolving Granary District, priced at $3.2M. Zoned MU11 and entitled for a 100-unit, 6-story multifamily project (70 studios / 30 one-bedrooms), the site offers immediate development upside with existing NOI of $102K to carry the asset during entitlement or pre-development.
Positioned steps from Downtown SLC, the Fleet Block, and the I-15/West Temple interchange, the location provides exceptional freeway visibility and urban connectivity. The surrounding neighborhood is experiencing significant multifamily momentum, with the adjacent West Village delivering 186 units nearby.
A compelling opportunity for developers seeking a shovel-ready urban infill play in one of Salt Lake's most active growth corridors.