465 E 3300 S - Storefront Retail/Residential FOR SALE


Salt Lake City, UT 84115- South Salt Lake City
$1,200,000 USD
206-330-1614
465 E 3300 S, Salt Lake City, UT for Sale
$1,200,000 USD
Storefront Retail/Residential - FOR SALE
1/11
null | 5.18% Cap Rate

465 E 3300 S
Salt Lake City, UT 84115
South Salt Lake City


HIGHLIGHTS

  • Rare Bite Size Multi-Tenant Investment Opportunity
  • Below-Market Rents with Upside Potential - Proforma Cap Rate: 7.37%
  • Triplex with Ground Floor Retail (5 Units Total)

OVERVIEW

TRIPLEX WITH GROUND FLOOR RETAIL 465 East 3300 South | South Salt Lake, UT 84115 | 100% Leased | Recently Renovated Property Highlights: • Building Size: 4,115 SF • Lot Size: 0.14 Acres • Year Built: 1950/ 1995 • Unit Mix: - One (1) Studio Apt - Two (2) 1 Bed 1 Bath Apt - Two (2) Retail Units • Zoning: CC (Commercial Corridor) • Property Type: Mixed-Use Triplex • Property Assessor ID: 16-30-408-017-0000 • Access: Convenient Access and Visibility from 3300 South • Located in the Densely Populated South Salt Lake/Millcreek Area Investment Highlights • Purchase Price: $1,200,000 • Net Operating Income: $62,210.52 • Cap Rate: 5.18% • Proforma Cap Rate: 7.37%

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$292 USD /SF

CAP RATE

5.18%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Triplex with Ground Floor Retail

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Convenience Store, Freestanding, Service Station

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

CC

APN/PARCEL ID

16-30-408-017-0000

ASK ABOUT THIS PROPERTY

Tanner OlsonLegend CommercialMore Info
206-330-1614

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Tanner OlsonLegend CommercialMore Info
206-330-1614

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