546 200Salt Lake City, UT 84101

This exceptional mixed-use property, located at 546 S 200 W in Salt Lake City, Utah, presents a unique investment opportunity. The 0.52-acre lot houses a two-story, 10,328 square foot building constructed in phases (2008 and 1956), with recent renovations completed between 2019 and 2020. Currently classified as Class B, the building offers a blend of commercial and residential potential, making it ideal for owner-users seeking development or redevelopment. The property boasts 22 parking spaces and is zoned D-2, allowing for a variety of uses. With 9 to 14-foot ceilings and abundant natural light, the existing structure provides a functional and inviting space. The location in Salt Lake City's Central Business District periphery, near the Granary District and the new Salt Lake Sports Entertainment District, offers convenient access to major transportation routes, including the 5th South exit. The land value alone is significant, with a price per square foot of $183. The asking price for the entire property is $4,000,000, translating to $387.30 per square foot. This property is perfect for an owner-user seeking a creative workspace or a developer envisioning a hotel or multi-family residential project. The combination of existing building and prime location makes this a compelling investment opportunity in a rapidly growing area.