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Childrens Miracle Network Office 205 W 700 S 43,290 SF Office Building Salt Lake City, UT 84101 $10,990,875 CAD ($253.89 CAD/SF)



EXECUTIVE SUMMARY
This property is an institutional office building currently serving as the headquarters for the Children’s Miracle Network. Built in 1978, it offers a total gross building area of approximately 43,290 square feet. While the original construction dates back several decades, the buildin g has been well maintained and effectively modernized over time, resulting in a substantial economic life. The property has been modernized, and given its size, location, and zoning, the building is a strong candidate for adaptive reuse, with potential for conversion into medical offices, educational facilities, or multifamily residential units. The property is zoned FBUN2 (FormBased Urban Neighborhood 2), supporting medium to highintensity mixeduse urban development. Permitted uses under this zoning designation include a wide range of commercial, residential, and communityoriented functions, including offices, medical clinics, retail spaces, restaurants, hotels, and convention centers. Residential uses range from multifamily and townhomes to single room occupancy units and boarding houses.
The zoning also supports institutional uses such as schools, daycare centers, assisted living facilities, and places of worship. This property enjoys a prime location on the edge of downtown Salt Lake City’s central business district, within walking distance of government offices, the Salt Palace Convention Center, dining, and a variety of cultural amenities. With excellent accessibility, the site sits less than half a mile from both I15 and I80, offering convenient statewide and interstate connections. Public transit is also close by, including the UTA TRAX Blue and Green lines and the Intermodal Hub, which provides access to FrontRunner commuter rail, Amtrak, and Greyhound services. For regional and national travel, Salt Lake City International Airport is only a 10minute drive away. The property features strong street frontage along both 200 West and 700 South, surrounded by a mix of commercial and multifamily uses. Supported by positive economic trends—including a growing population, and stabilizing property values—this location offers both immediate convenience and longterm investment potential.
Download the OM to see the Drone Tour.
The zoning also supports institutional uses such as schools, daycare centers, assisted living facilities, and places of worship. This property enjoys a prime location on the edge of downtown Salt Lake City’s central business district, within walking distance of government offices, the Salt Palace Convention Center, dining, and a variety of cultural amenities. With excellent accessibility, the site sits less than half a mile from both I15 and I80, offering convenient statewide and interstate connections. Public transit is also close by, including the UTA TRAX Blue and Green lines and the Intermodal Hub, which provides access to FrontRunner commuter rail, Amtrak, and Greyhound services. For regional and national travel, Salt Lake City International Airport is only a 10minute drive away. The property features strong street frontage along both 200 West and 700 South, surrounded by a mix of commercial and multifamily uses. Supported by positive economic trends—including a growing population, and stabilizing property values—this location offers both immediate convenience and longterm investment potential.
Download the OM to see the Drone Tour.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Building Size
43,290 SF
Building Class
B
Year Built
1978
Price
$10,990,875 CAD
Price Per SF
$253.89 CAD
Tenancy
Single
Building Height
4 Stories
Typical Floor Size
10,823 SF
Slab To Slab
12’
Building FAR
0.61
Lot Size
1.62 AC
Opportunity Zone
Yes
Zoning
CG
Parking
120 Spaces (2.77 Spaces per 1,000 SF Leased)
AMENITIES
- Controlled Access
- Metro/Subway
1 1
Walk Score®
Very Walkable (78)
Bike Score®
Very Bikeable (81)
PROPERTY TAXES
| Parcel Number | 15-12-208-007-0000 | Improvements Assessment | $3,619,344 CAD |
| Land Assessment | $4,231,332 CAD | Total Assessment | $7,850,676 CAD |
PROPERTY TAXES
Parcel Number
15-12-208-007-0000
Land Assessment
$4,231,332 CAD
Improvements Assessment
$3,619,344 CAD
Total Assessment
$7,850,676 CAD
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Childrens Miracle Network Office | 205 W 700 S
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