For Sale
$2,250,000

2714 300South Salt Lake, UT 84115

Vacant 3,250 SF Retail Building, 0.82 Acres

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 3,250-square-foot retail property in South Salt Lake, Utah, is available for $2,250,000, offering a 5.00% cap rate. Situated on a highly visible, signalized corner lot spanning 0.82 acres, this vacant building presents a unique opportunity for owner-occupancy or investment. Previously occupied by US Bank, the versatile space is suitable for a variety of uses, including restaurants, quick-service establishments, other banking institutions, or general retail. The property boasts a convenient drive-through and benefits from its location on 300 West, a rapidly developing area with significant ongoing construction and redevelopment. Its proximity to I-80 and I-15 provides easy access to downtown Salt Lake City, the new Salt Lake City International Airport, and nearby ski resorts (approximately 45 minutes away). The area's strong demographics include numerous newly constructed multi-family residences and diverse mixed-use businesses, ensuring a robust customer base. The substantial lot size offers ample space for expansion or future development. This is an ideal opportunity to acquire a high-visibility property in a thriving location with excellent potential for growth and return on investment. The property is located at 2714 S 300 W, South Salt Lake, UT 84115.

Highlights

  • 3,250 SF retail building in South Salt Lake, UT, available for $2,250,000 with a 5.00% cap rate.
  • Located on a 0.82-acre, signalized corner lot on 300 West.
  • Vacant building, suitable for owner-occupancy or investment; previously a US Bank branch.
  • Features a drive-through and excellent visibility.
  • Strong location near I-80 and I-15, offering easy access to downtown Salt Lake City and the airport.

Property Details for 2714 300

Property type
Retail properties, Restaurants
Square Feet
3,250 SF
Lot Size (sq. ft)
35,719 SF

Location Insight

City
South Salt Lake
County
Salt Lake
State
Utah
Latitude
40.7122383
Longitude
-111.900229
2714 300, South Salt Lake, Utah

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2714 300
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