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146 W Malvern Ave 2,500 SF Industrial Building Salt Lake City, UT 84115 $700,000 ($280/SF)

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EXECUTIVE SUMMARY

Rare to find shop with large yard space in a prime location. Majority of the building is warehouse space, with small office located at the front. Current tenant is month to month paying $2,500/month. He can stay or go upon the sale. Please note property zoning: TOD See attached PDF of approved uses.
MOTIVATED SELLER! WILL SELLER FINANCE WITH 50% DOWN.

FINANCIAL SUMMARY (ACTUAL - 2023)

ANNUAL ANNUAL PER SF
Gross Rental Income $30,000 $12.00
Other Income - -
Vacancy Loss - -
Effective Gross Income $30,000 $12.00
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2023)

Gross Rental Income
Annual $30,000
Annual Per SF $12.00
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $30,000
Annual Per SF $12.00
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS Under Contract

Price $700,000
Price Per SF $280
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Service
Building Class C
Lot Size 0.21 AC
Rentable Building Area 2,500 SF
No. Stories 1
Year Built 1959
Tenancy Single
Parking Ratio 1.2/1,000 SF
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes
Zoning 2000 - TOD. Please see attached PDF zoning ledger of approved uses.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-24-477-011-0000
Land Assessment
$120,200 (2025)
Improvements Assessment
$194,300 (2025)
Total Assessment
$314,500 (2025)
  • Listing ID: 33639876

  • Date on Market: 10/25/2024

  • Last Updated:

  • Address: 146 W Malvern Ave, Salt Lake City, UT 84115

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