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1734 S West Temple - Ballpark Development Opportunity Lot • Résidentiel • 0,48 Acres • 2 526 894 $ CAD • Salt Lake City, UT 84115



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Faits saillants de l'investissement
- MU-5 zoning
- Hotel/motel permitted
- Multi-family/condo/townhouse permitted
- Short-term rentals permitted
Résumé de l'annonce
Faits sur la propriété
1 Lot disponible
Lot
| Prix | 2 526 894 $ CAD | Taille du lot | 0,48 AC |
| Prix par AC | 5 264 362,69 $ CAD |
| Prix | 2 526 894 $ CAD |
| Prix par AC | 5 264 362,69 $ CAD |
| Taille du lot | 0,48 AC |
Two contiguous parcels totaling 0.48 acres in a strong Ballpark location. MU-5 zoning. Wide range of permitted uses including multifamily, hotel/motel and short-term rentals. Numerous successful townhouse/condo developments nearby.
Description
You’ve found the impossible: nearly a half acre of land in a prime SLC location ripe for multi-family development, either for sale or for rent. MU-5 zoning is already in place, with no historic preservation restrictions. The property is two contiguous parcels, each 0.24 acres. One parcel has a 1,700 SF single-family home with 3 beds, 2 baths and a small one car garage. The other parcel has a 2,935 SF up/down duplex with a two car garage. All three units currently have tenants, so the property can continue to generate income while you prepare plans and obtain permits. It’s no secret that parts of the Ballpark are still pretty damn gritty. This part isn’t. It’s a lovely tree-lined stretch of West Temple, nestled between one of the Ballpark’s most successful residential developments (the EDITH, with recent sales in the $500K to $600K range) and a few well-kept single family homes. It’s a perfect spot for new multifamily development, whether you’re interested in building upmarket offerings or more affordable units.
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1734 S West Temple - Ballpark Development Opportunity
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