868 E 900 S 3,500 SF Retail Building Salt Lake City, UT 84105 $5,189,168 CAD ($1,482.62 CAD/SF)

Freestanding restaurant building in the heart of Salt Lake City's 9th & 9th district, one of the most supply-constrained and sought-after neighborhood retail nodes in the city. Buildings in this district rarely come to market, and this offering is structured to be exceptionally accessible: with the price of $3,500,000 Seller is offering financing with just 10% down at a 6% interest rate, a lease-with-option-to-purchase alternative at $10,000 per month for the first year covering both the main floor and the basement, and the opportunity to acquire the established Thai Garden Bistro restaurant business separately for $180,000.
With seller finance, Buyer could own the business and the property with $530,000 cash and saves approximately $250,000 - $500,000 assuming 6.75% minimal interest rate charged by SBA preferred lender. Lender can charge up to 2.75% over prime.