851 Richards StSalt Lake City, UT 84101
- Industrial properties
- 4,074 SF
Property Details for 851 Richards St
- Year built
- 1955
- Construction
- WOOD FRAME
- Lot size
- 0.13 AC
- Property size (Sq ft)
- 4,074 SF
- Zone code
- D2
- Property type
- Industrial properties
- Property subtype
- Other warehouses
- APN
- 15-12-278-025
- APU
- 1512278025
Description
This exceptional 4,000 square foot freestanding building presents a rare investment opportunity in Salt Lake City's vibrant Central Ninth district. The property, located at 851 S Richards St, Salt Lake City, UT 84101, boasts a versatile D-2 zoning designation, opening doors to a wide range of uses and development possibilities. The single building sits on a 0.17-acre lot and features one dock-high door, ideal for efficient loading and unloading. Currently vacant, the property is ready for immediate occupancy, with an anticipated occupancy date of September 1st, 2024. Its prime location offers convenient access to Interstate 15 and the heart of downtown Salt Lake City, providing unparalleled connectivity and exposure. The building's 4,000 square feet of net rentable space is perfect for a variety of businesses, from creative offices and flex spaces to retail storefronts. This owner-user opportunity combines the benefits of a strategic location with the flexibility of a mixed-use zoning classification. The property's APN is 15-12-278-025, 15-12-278-030. Don't miss this chance to acquire a unique and highly desirable property in a rapidly growing area. This is a truly exceptional opportunity for a discerning investor or business owner seeking a versatile and well-located space.
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,231,884
- Hospitality
- $1,128,399
- Educational
- $938,815
- Medical
- $971,102
- Retail
- $1,460,378
Location Insight
- City
- Salt Lake City
- County
- Salt Lake
- State
- Utah
- Latitude
- 40.7506
- Longitude
- -111.892
- CBSA code
- 41620
- CBSA name
- SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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