500-435 South Fayette Avenue - Commercial LAND FOR SALE


Salt Lake City, UT 84101- Central Salt Lake City78,844 SF
$10,400,000 USD
801-656-7354
500-435 South Fayette Avenue, Salt Lake City, UT for Sale
$10,400,000 USD
Commercial LAND - FOR SALE
1/8
78,844 SF

500-435 South Fayette Avenue
Salt Lake City, UT 84101
Central Salt Lake City


HIGHLIGHTS

  • Available For Sale or Joint Venture
  • Sale Price: $10,400,000
  • Seller's Proposed Concept: 330 Apt Units (83 Studio Units, 165 One-Bedroom Units, 82 Two Bedroom Units)
  • Total Acreage: 1.81 Acres
  • Zoning: CG (General Commercial)
  • Walk Score: 55-Walk Score | 57-Transit Score | 80-Bike Score

OVERVIEW

Granary Flats (For Sale or Joint Venture) is a 1.81 acre, high-density, transit-oriented multifamily development site in Salt Lake City’s Granary District, offering up to 75 ft by-right (with design review enabling 105 ft), situated amid rising infrastructure investment—bike lanes, sidewalks, TRAX expansion—and Utah’s top-tier pro-business environment, making it a strategic canvas for impactful urban housing.

FOR SALE DETAILS

PRICE

$10,400,000 USD

PRICE/ACRE

$5,745,827/AC

PRICE/SF

$132 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Granary Flats Multifamily Land

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Mixed Use, Multi-Family, Apartment Units, Apartment Units - Condo, Apartment Units - Senior, Apartment Units - Subsdzd, Hold for Development, Hold for Investment, Planned Unit Development

LAND ACRES

1.81 AC

LAND SF

78,844 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

CG

APN/PARCEL ID

15-12-326-001,15-12-326-002,15-12-326-003,15-12-326-004,15-12-326-005

ASK ABOUT THIS PROPERTY

Skyler PetersonLegend CommercialMore Info
801-656-7354

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Skyler PetersonLegend CommercialMore Info
801-656-7354

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