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657 S State St
Salt Lake City, UT 84111
651-655 S State Portfolio · Retail Property For Sale
·
15,566 SF Total
Investment Highlights
- Located in a QCT Zone
- Approximately 58' of frontage on State Street
- Zoned D-2
- 17 on site parking stalls
Executive Summary
Prime redevelopment opportunity located on busy State Street in Downtown Salt Lake City, Utah. All leases are shorter term, longest term expires 5/31/2028. NOI is around $63,000, building 665 is occupied, however tenant is only paying $600 per month for 8,280 SF and is month to month. Landlord pays property taxes, property insurance, water and sewer. Property consists of 3 parcels totaling 0.49 acres and buildings total approximately 16,000 SF.
Property Facts
| Price / SF | $534.94 CAD / SF | Number of Properties | 2 |
| Sale Conditions | Individually For Sale | 0 | |
| Sale Type | Investment | Total Building Size | 15,566 SF |
| Status | Active | Total Land Area | 0.38 AC |
| Price / SF | $534.94 CAD / SF |
| Sale Conditions | |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 15,566 SF |
| Total Land Area | 0.38 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 665 S State St, Salt Lake City, UT 84111 | Retail | 8,280 SF | 1929 | - |
| 657 S State St, Salt Lake City, UT 84111 | Retail | 7,286 SF | 1928 | - |
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