357 200Salt Lake City, UT 84101

  • Retail properties
  • 0.13 AC
For Lease
$18/SF/YR View listing

Property Details for 357 200

Lot size
0.13 AC
Zone code
R-MU
Property type
Retail properties
Property subtype
Retail space
APN
16-06-205-020
APU
1606205020

Description

This exceptional creative office space, located in the Culinary Crafts Building at 357 W 200 S, Salt Lake City, UT 84101, offers 2,880 square feet of immediately available space. The entire building totals 5,622 square feet and is currently configured as a single suite, presenting a unique opportunity for a single tenant to occupy the entire available space. The property is classified as a Creative Office space, ideal for businesses seeking a flexible and inspiring work environment. The minimum leasable space is 2,880 square feet, which is also the maximum contiguous space available. This makes it perfect for a company needing a substantial footprint in a vibrant Salt Lake City location. The building's address places it in a convenient and accessible area of the city, offering easy access to major transportation routes and amenities. This is a rare opportunity to lease a substantial, single-tenant creative office space in a desirable Salt Lake City location. Interested parties should inquire promptly to secure this exceptional property. The property is currently vacant and ready for immediate occupancy.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,199,135
    6.5%
    $2,029,971
    7%
    $1,884,973
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,859,147
    Geo Method
    $2,859,147
  • Alternative Use

    Use
    Valuation
    Residential
    $1,712,356
    Hospitality
    $1,568,509
    Educational
    $1,304,981
    Medical
    $1,349,862
    Retail
    $2,029,971
357 200, Salt Lake City, Utah

Location Insight

City
Salt Lake City
County
Salt Lake
State
Utah
Latitude
40.7654
Longitude
-111.881
CBSA code
41620
CBSA name
SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,934
$397,900
-
$397,900
-
$397,900
-
$397,900

FAQs

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