Proper Brewing Campus Retail FOR SALE


Salt Lake City, UT - Central Salt Lake City
$4,990,000 USD
801-205-9030
, Salt Lake City, UT for Sale
$4,990,000 USD
Retail - FOR SALE
1/4
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Proper Brewing Campus
Salt Lake City, UT
Central Salt Lake City


HIGHLIGHTS

  • Two-building campus positioned along Main Street in South Downtown Salt Lake City.
  • Fully renovated with additional improvements completed in 2020.
  • Located within a designated Opportunity Zone.
  • Adjacent to the 9 Line corridor and near Central Ninth and Granary districts.
  • Flexible layout supports retail, office, hospitality, or multi-tenant repositioning.
  • Near planned hospital development and ongoing neighborhood investment.

OVERVIEW

The Proper Brewing Campus presents an opportunity to acquire a highly visible retail and mixed-use asset in Salt Lake City's South Downtown District. Situated on approximately 0.47 acres across two buildings, the property is currently configured as a brewery, restaurant, tavern, event venue, beer garden, and corporate office campus. Extensive renovations completed in 2015, along with additional construction in 2020, have created a well-improved asset that can support a variety of future retail, hospitality, office, entertainment, or mixed-use concepts. Positioned along Main Street and adjacent to Salt Lake City's transformative 9 Line corridor, the property benefits from its location between Downtown Salt Lake City, Central Ninth, and the rapidly evolving Granary District. The surrounding area has experienced significant residential and commercial investment, with new housing developments, destination restaurants, breweries, and entertainment venues helping establish the district as one of the city's most active urban neighborhoods. The property's proximity to a planned flagship hospital development further enhances long-term demand drivers and visibility. Located within an Opportunity Zone and the State Street Community Reinvestment Area, the asset offers investors and owner-users the flexibility to reposition, redevelop, or continue operating within its existing footprint. The current business relocation creates a rare opportunity to unlock additional value through multi-tenant leasing, adaptive reuse, or a refreshed hospitality concept. With multiple structures, established improvements, and a strategic urban location, the Proper Brewing Campus offers a combination of functionality, redevelopment potential, and exposure in one of Salt Lake City's most active growth corridors.

ASK ABOUT THIS PROPERTY

Gabe ChadseyUterra PropertiesMore Info
801-205-9030

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Gabe ChadseyUterra PropertiesMore Info
801-205-9030

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