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
1/16
null | Request 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: 6.3%
  • Triplex with Ground Floor Retail Space (2 Units)

OVERVIEW

This renovated triplex with ground-floor retail offers an exceptional investment opportunity in the heart of South Salt Lake. Boasting prominent 3300 South frontage with exposure to over 36,000 vehicles per day, the property offers excellent accessibility to I-15, I-80, and nearby public transit. The surrounding area is a vibrant mix of residential and commercial developments, enhancing the long-term appeal of this dynamic location. Proforma Cap Rate: 6.3% Investment Highlights: • 100% Occupied • Below-Market Rents with Upside Potential • Extensive Interior & Exterior Renovations • Diversified Unit Mix – Residential and Retail • Strong Traffic Counts and Visibility Ideal for investors seeking a mixed use investment, raise lease rents to market rates, & future upside, this mixed-use asset combines quality renovations, prime location, and quality tenants.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$292 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Triplex w/ 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 PartnersMore Info
206-330-1614

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Tanner OlsonLegend PartnersMore Info
206-330-1614

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