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Iconic Sugar House Office/Event Space 2834 Highland Dr 2,585 SF Office Building Salt Lake City, UT 84106 $967,000 ($374.08/SF)



Investment Highlights
- Highest traffic count for the money in SLC! Located on Highland Drive with 20,000+ vehicles per day, the property includes a large electronic sign.
- The building showcases Art Deco / Streamline Moderne design & rooftop patio, making it one of the most architecturally unique propeties in Utah.
- This landmark Sugar House office property offers investors a rare blend of architectural distinction, prime visibility, and flexible income potential.
Executive Summary
In the Center of It All | Iconic Architecture | Event-Ready Rooftop
This landmark Sugar House property is one of the coolest commercial buildings on the market in Salt Lake City — a one-of-a-kind Art Deco / Streamline Moderne landmark with the kind of character and street presence that can't be replicated in new construction. With 20,000+ vehicles passing by daily and a prominent electronic monument sign lighting up the building's frontage, this is some of the highest traffic exposure available anywhere in the city at this price point. Few properties on the market offer this much visibility per dollar.
Beautifully preserved and full of original detail — porthole windows, curved lines, and a genuinely distinctive façade — this property stands as one of Utah's most architecturally unique commercial assets. Few buildings in today's office and mixed-use market can match this combination of historic character, timeless architecture, and landmark visibility. Add in the prominent signage and unmistakable Sugar House character, and the next owner inherits real pricing power, with lease rates supportable in the $30-$35 per square foot range.
The building features four separate entrances and three versatile floors totaling 2,585 square feet, plus a 350-square-foot rooftop deck with panoramic views and a built-in stage. Offered fully vacant, this layout supports both single-tenant and multi-tenant configurations, offering exceptional flexibility for 1031 exchange buyers, partial owner-users, and investors looking to lease up at premium rates and capture long-term rent growth.
A standout feature is the expansive rooftop patio with its built-in stage — ideal for tenant functions, private events, brand activations, or boutique rooftop gatherings, and a rare revenue and lifestyle amenity rarely available in comparable properties.
The layout and visibility make the property exceptionally well-suited for a variety of uses, including salon or spa concepts, medical or wellness offices, boutique professional suites, gallery or creative space, multi-unit office configurations, and rooftop events or B&B-style private functions.
Key Highlights:
Among the highest traffic counts in Salt Lake City for the price — 20,000+ vehicles/day on Highland Drive
Opportunity to lease at $30-$35/SF, driven by visibility, signage, and one-of-a-kind character
Iconic Art Deco landmark with electronic monument signage and unmatched curb appeal
Flexible single-tenant or multi-tenant occupancy across 2,585 SF
Event-capable rooftop patio with stage and panoramic views
Ample on-site parking (12 spaces)
Contact Matt Stout for more information at 801-403-1792. Offered with 3% BAC.
This landmark Sugar House property is one of the coolest commercial buildings on the market in Salt Lake City — a one-of-a-kind Art Deco / Streamline Moderne landmark with the kind of character and street presence that can't be replicated in new construction. With 20,000+ vehicles passing by daily and a prominent electronic monument sign lighting up the building's frontage, this is some of the highest traffic exposure available anywhere in the city at this price point. Few properties on the market offer this much visibility per dollar.
Beautifully preserved and full of original detail — porthole windows, curved lines, and a genuinely distinctive façade — this property stands as one of Utah's most architecturally unique commercial assets. Few buildings in today's office and mixed-use market can match this combination of historic character, timeless architecture, and landmark visibility. Add in the prominent signage and unmistakable Sugar House character, and the next owner inherits real pricing power, with lease rates supportable in the $30-$35 per square foot range.
The building features four separate entrances and three versatile floors totaling 2,585 square feet, plus a 350-square-foot rooftop deck with panoramic views and a built-in stage. Offered fully vacant, this layout supports both single-tenant and multi-tenant configurations, offering exceptional flexibility for 1031 exchange buyers, partial owner-users, and investors looking to lease up at premium rates and capture long-term rent growth.
A standout feature is the expansive rooftop patio with its built-in stage — ideal for tenant functions, private events, brand activations, or boutique rooftop gatherings, and a rare revenue and lifestyle amenity rarely available in comparable properties.
The layout and visibility make the property exceptionally well-suited for a variety of uses, including salon or spa concepts, medical or wellness offices, boutique professional suites, gallery or creative space, multi-unit office configurations, and rooftop events or B&B-style private functions.
Key Highlights:
Among the highest traffic counts in Salt Lake City for the price — 20,000+ vehicles/day on Highland Drive
Opportunity to lease at $30-$35/SF, driven by visibility, signage, and one-of-a-kind character
Iconic Art Deco landmark with electronic monument signage and unmatched curb appeal
Flexible single-tenant or multi-tenant occupancy across 2,585 SF
Event-capable rooftop patio with stage and panoramic views
Ample on-site parking (12 spaces)
Contact Matt Stout for more information at 801-403-1792. Offered with 3% BAC.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
2,585 SF
Building Class
C
Year Built/Renovated
1937/2020
Price
$967,000
Price Per SF
$374.08
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
861 SF
Building FAR
0.42
Lot Size
0.14 AC
Zoning
RB - Mixed Use / RB Zoning
Parking
12 Spaces (4.64 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Restaurant
- Security System
- Signage
- Roof Terrace
- Car Charging Station
- Monument Signage
- Outdoor Seating
- Air Conditioning
- Balcony
- Smoke Detector
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Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 16-29-229-014-0000 | Improvements Assessment | $284,700 |
| Land Assessment | $300,900 | Total Assessment | $585,600 |
Property Taxes
Parcel Number
16-29-229-014-0000
Land Assessment
$300,900
Improvements Assessment
$284,700
Total Assessment
$585,600
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Iconic Sugar House Office/Event Space | 2834 Highland Dr
