2560 Main StSouth Salt Lake, UT 84115

Property Details for 2560 Main St

Year built

1949

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.06 AC

Property size (Sq ft)

1,800 SF

Zone code

CN

Property type

Retail properties

Property subtype

Retail space

APN

16-19-351-001

APU

1619351001

Description

This 1,800 square foot freestanding retail building is situated on a 0.06-acre lot (2,613 square feet) with excellent visibility on Main Street. Built in 1950, the single-story Class C property features a single tenancy and abundant curbside parking. The building boasts over 60 feet of Main Street frontage, providing exceptional exposure to high traffic volume. Internal features include two restrooms and a shower, along with a convenient bay door. The CN zoning allows for a variety of retail uses. The property offers immediate access to major transportation arteries, I-15 and I-80, ensuring convenient access for both customers and employees. Available for occupancy January 1, 2025, this property presents a unique opportunity for a business seeking a high-traffic location with ample parking and excellent visibility. The property's size and features make it ideal for a variety of retail businesses. The convenient location and ample parking will attract customers and ensure business success.

• CAP approach

  CAP return

  Valuation

  6%

  $699,007

  6.5%

  $645,238

  7%

  $599,149

• Comparable approach

  Method

  Valuation

  Relative Method

  $908,788

  Geo Method

  $908,788

• Alternative Use

  Use

  Valuation

  Residential

  $544,282

  Hospitality

  $498,559

  Educational

  $414,796

  Medical

  $429,061

  Retail

  $645,238

Location Insight

City

South Salt Lake

County

Salt Lake

State

Utah

Latitude

40.7149

Longitude

-111.891

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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