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435 W Fayette Ave - Granary Multifamily Development Land 0.71 Acres of Industrial Land Offered at $4,374,560 CAD in Salt Lake City, UT 84101
Investment Highlights
- Prime Granary District location
- Income-generating while you build
- Shovel-ready, entitled site
Executive Summary
Positioned steps from Downtown SLC, the Fleet Block, and the I-15/West Temple interchange, the location provides exceptional freeway visibility and urban connectivity. The surrounding neighborhood is experiencing significant multifamily momentum, with the adjacent West Village delivering 186 units nearby.
A compelling opportunity for developers seeking a shovel-ready urban infill play in one of Salt Lake's most active growth corridors.
Property Facts
| Price | $4,374,560 CAD | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Industrial |
| Sale Condition | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.71 AC |
| Zoning | MU-11 | ||
| Price | $4,374,560 CAD |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | |
| Total Lot Size | 0.71 AC |
| Zoning | MU-11 |
1 Lot Available
Lot
| Price | $4,374,560 CAD | Lot Size | 0.71 AC |
| Price Per AC | $6,161,352.35 CAD |
| Price | $4,374,560 CAD |
| Price Per AC | $6,161,352.35 CAD |
| Lot Size | 0.71 AC |
A 0.71-acre urban infill lot currently improved with a 4,800 SF building, operating on a 5-year lease with termination rights. The rectangular site sits at the corner of Fayette Ave with direct freeway adjacency to I-15, offering strong visibility.
Description
A 0.71-acre urban infill lot currently improved with a 4,800 SF building, operating on a 5-year lease with termination rights. The rectangular site sits at the corner of Fayette Ave with direct freeway adjacency to I-15, offering strong visibility. Zoned MU11, the parcel supports a proposed 6-story, 100-unit multifamily development with 21 parking stalls. Parcel #15-154-000-37-0000.
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435 W Fayette Ave - Granary Multifamily Development Land
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