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Owner - User + Investment Opportunity 175 E 200 S 4 Unit Apartment Building $4,847,185 CAD ($1,211,796 CAD/Unit) 7.74% Cap Rate Salt Lake City, UT 84111



INVESTMENT HIGHLIGHTS
- ±11,778 SF total | ±7,164 SF lot / Zoned D1 — restaurant, retail, office, or mixed-use permitted
- 3 tenants in place (short-term leases with renewal interest)
- Steps from City Creek Center, Delta Center, and The Gateway
- Located within Opportunity Zone and 2034 Olympic investment area
- Vacant suite + full basement ideal for owner-user or expansion
- Surrounded by billions in redevelopment — Power District, new transit, and Olympic infrastructure
EXECUTIVE SUMMARY
175 E 200 S places you directly in Salt Lake City’s downtown growth corridor — a rare D1-zoned building with both immediate income and future redevelopment potential. The property includes street-level retail, a full basement, and flexible suites ideal for restaurant, creative office, boutique fitness, or entertainment concepts. Three tenants are currently on short-term leases, offering near-term stability while leaving room for repositioning or owner occupancy.
PROPERTY FACTS
| Price | $4,847,185 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $1,211,796 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.22 AC |
| Cap Rate | 7.74% | Building Size | 27,916 SF |
| No. Units | 4 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1909 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | D-1 | ||
| Price | $4,847,185 CAD |
| Price Per Unit | $1,211,796 CAD |
| Sale Type | Investment |
| Cap Rate | 7.74% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 27,916 SF |
| No. Stories | 3 |
| Year Built | 1909 |
| Opportunity Zone |
Yes |
| Zoning | D-1 |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Storage Space
- Public Transportation
- Walk-Up
- Smoke Detector
1 1
Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (70)
Bike Score®
Biker's Paradise (90)
PROPERTY TAXES
| Parcel Number | 16-06-110-006-0000 | Improvements Assessment | $1,397 CAD |
| Land Assessment | $1,693 CAD | Total Assessment | $3,090 CAD |
PROPERTY TAXES
Parcel Number
16-06-110-006-0000
Land Assessment
$1,693 CAD
Improvements Assessment
$1,397 CAD
Total Assessment
$3,090 CAD
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Owner - User + Investment Opportunity | 175 E 200 S
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