For Sale
$2,300,000

2151 Warm Springs RdSalt Lake City, UT 84116

Prime Industrial Investment, 9,548 SF

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Salt Lake City investment opportunity presents a 9,548-square-foot duplex warehouse property situated on a 1.38-acre lot. The property, built in 1978 and zoned M-1, consists of two units, each offering unique features. The asking price is $2,300,000, translating to $240.89 per square foot and $1,150,000 per unit. The south building is a two-story structure, incorporating office space and a one-bedroom apartment, which has rental potential. The north building functions as a warehouse with an upfront office area. The property boasts three dock-high doors and one loading dock, enhancing its functionality for industrial use. This prime location in Salt Lake City, Utah (zip code 84116), offers significant potential for investors seeking a multi-unit industrial property with added land parcels. The property's Class C designation reflects its potential for renovation and value enhancement. This is a rare opportunity to acquire a well-positioned duplex warehouse with significant upside potential in a thriving market. The property's existing configuration, including the separate apartment, provides flexibility for various income-generating strategies.

Highlights

  • Exceptional duplex investment opportunity with two additional vacant lots.
  • High-yield potential with strong rental income from existing duplex.
  • Significant upside through future development of vacant land parcels.
  • Excellent location in a desirable neighborhood.

Property Details for 2151 Warm Springs Rd

Property type
Warehouses, Industrial properties
Square Feet
9,548 SF
Class
C
Year Built
1978
Buildings
1
Stories
2
Lot Size (sq. ft)
60,113 SF
Units
2

Location Insight

City
Salt Lake City
County
Salt Lake
State
Utah
Latitude
40.811972958339
Longitude
-111.92064200232
2151 Warm Springs Rd, Salt Lake City, Utah

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2151 Warm Springs Rd
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