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42 Exchange Pl 3,670 SF 100% Leased Retail Building Salt Lake City, UT 84111 $1,983,600 CAD ($540.49 CAD/SF)
Investment Highlights
- Currently Built Out as Office but May be Used as Bar, Restaurant or Variety of Retail Uses
- Excellent Downtown Location
- Fully Remodeled Space
Executive Summary
Discover a rare investment opportunity at the Exchange Place Office Building in Salt Lake City, UT. This distinguished property is zoned D-1 and perfectly situated at the prominent downtown corner of Exchange Place and Cactus Street. Boasting convenient garage parking nearby and easy access to TRAX stations, this fully remodeled gem offers a modern, attractive interior with floor-to-ceiling windows, exposed brick, and a natural gas-powered generator on the roof. The building is intelligently split between three levels, offering a total of 3,670 SF.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,670 SF
Building Class
C
Year Built/Renovated
1905/2016
Price
$1,983,600 CAD
Price Per SF
$540.49 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.81
Lot Size
0.03 AC
Opportunity Zone
Yes
Zoning
D-1 - D-1 Commercial Zoning
Frontage
15’ on Exchange Pl
Amenities
- Signage
Moderately walkable
60/100
Exceptionally drivable
90/100
Strong public transit
80/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 16-06-303-008-0000 | Improvements Assessment | $1,264,990 CAD |
| Land Assessment | $213,271 CAD | Total Assessment | $1,478,261 CAD |
Property Taxes
Parcel Number
16-06-303-008-0000
Land Assessment
$213,271 CAD
Improvements Assessment
$1,264,990 CAD
Total Assessment
$1,478,261 CAD
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42 Exchange Pl
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