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- LoopNet Team
205 E 200 S
Salt Lake City, UT 84111
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Centrally located in the core of Salt Lake City’s central business district.
- “Main and main” location with exceptional connectivity to every amenity Salt Lake City has to offer.
- Direct proximity to downtown’s nightlife districts.
- Superior walkability to anywhere in the core of Downtown within 15 minutes.
- Walkable access to the City Creek indoor and outdoor mall on Main Street featuring local favorite boutiques and national name brand retailers.
- Walkable to Salt Lake City’s best event venues including Vivint Arena (home to the Utah Jazz), Eccles Theater, and the Salt Palace Convention Center.
PROPERTY FACTS
| Property Type | Office | No. Stories | 6 |
| Building Class | B | Year Built | 1980 |
| Lot Size | 2.32 AC | Parking Ratio | 0.54/1,000 SF |
| Rentable Building Area | 305,786 SF | ||
| Zoning | 2000 | ||
| Property Type | Office |
| Building Class | B |
| Lot Size | 2.32 AC |
| Rentable Building Area | 305,786 SF |
| No. Stories | 6 |
| Year Built | 1980 |
| Parking Ratio | 0.54/1,000 SF |
| Zoning | 2000 |
DESCRIPTION
The site incorporates a parking lot to the north that totals roughly 1.03 acres and a vacant data center consisting of 305,000 rentable square feet that sits on approximately 1.29 acres to the south. Developers have the option to either tear down the existing data center and build new on the entire 2.32-acre site or utilize the data center structure for an adaptive re-use program that could include spectacular loft-style apartments, incubator lab space or life sciences. The data center features six stories with available load capacity to add an additional two stories, efficient rectangular floor plate sizes of about 50,000 square feet, desirable 16’4” – 17’7” ceiling heights, and incredible views of downtown Salt Lake City. Based on the pricing guidance per land square foot (contact brokers for details), it equates to the unique opportunity to purchase the existing building at $46 per rentable square foot, a fraction of what replacement cost is today.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $305,100 | |
| Land Assessment | $19,434,800 | Total Assessment | $19,739,900 |
PROPERTY TAXES
AMENITIES
- Bus Line
- Metro/Subway
