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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

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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
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
Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (70)
Bike Score®
Biker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-06-110-006-0000
Land Assessment
$1,693 CAD
Improvements Assessment
$1,397 CAD
Total Assessment
$3,090 CAD
  • Listing ID: 36082251

  • Date on Market: 2025-06-02

  • Last Updated:

  • Address: 175 E 200 S, Salt Lake City, UT 84111

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