For Sale
$1,500,000

971 Margaret AveSalt Lake City, UT 84104

M-1 zoned, 2,522 SF warehouse, office, yard.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 2,522-square-foot industrial property, located at 971 Margaret Ave in Salt Lake City, Utah, presents a compelling owner-user opportunity. Boasting a highly desirable M-1 zoning classification, this single-story, 1957-built building offers versatility for a range of industrial, manufacturing, or business uses. The property features a blend of warehouse and office space, complemented by a fenced yard providing ample additional space. Practical features include a 16-foot roll-up overhead door and three-phase power. Situated on a 0.24-acre lot (APN 15-14-404-003), this Class B property is conveniently located near major freeway access points, ensuring efficient transportation logistics. The asking price is $1,500,000 ($594.77 per square foot), and the property is available for occupancy on August 13, 2024. Seller financing may be available with negotiable terms, potentially including a 20% down payment, a 6.5% interest rate, amortized over 25 years with a 10-year balloon payment. Monthly payments could be approximately $8,102.49, subject to negotiation. This is a rare opportunity to acquire a well-located, functional industrial property in a thriving Salt Lake City market.

Highlights

  • 2,522 SF industrial property at 971 Margaret Ave, Salt Lake City, UT.
  • M-1 zoning, single-story building (1957 construction).
  • Warehouse & office space, fenced yard, 16' roll-up door, three-phase power.
  • 0.24-acre lot (APN 15-14-404-003), Class B, near freeway access.
  • $1,500,000 asking price ($594.77/SF), available August 13, 2024.
  • Seller financing may be available (negotiable terms).

Property Details for 971 Margaret Ave

Property type
Warehouses, Industrial properties
Square Feet
2,522 SF
Class
B
Year Built
1957
Buildings
1
Stories
1
Lot Size (sq. ft)
10,454 SF
Units
1

Location Insight

City
Salt Lake City
County
Salt Lake
State
Utah
Latitude
40.73076816
Longitude
-111.91919037
971 Margaret Ave, Salt Lake City, Utah

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971 Margaret Ave
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