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Investment Highlights

  • Very Quietly Marketed
  • Highly Visible, Great Signage, Plenty of Parking & Strong Traffic Counts
  • Fully Built-Out, Turnkey Restaurant w/ FF&E's Included

Executive Summary

*Quietly Marketed* Rare opportunity to acquire a turnkey restaurant space, fully equipped to accommodate high-volume
dining and bar service. The sale includes all furniture, fixtures, and equipment (FF&E), such as walk-in refrigeration,
storage units, stoves, ovens, and more, ensuring a seamless transition for a new operator. The commercial kitchen
is designed for efficiency, featuring a grease trap, high-capacity kitchen venting, multiple prep stations, and walk-in
refrigeration. The spacious dining area is paired with a full bar setup, providing an ideal setting for diverse food and
beverage concepts. Additionally, the current owner holds a liquor license, which could potentially be included in
the sale. This presents a unique opportunity for expanding bar operations, enhancing cocktail programs, or
developing an upscale beverage-focused concept.
Ample parking is another significant advantage, especially as convenient parking options become increasingly
scarce in the valley.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,160 SF
Building Class
C
Year Built
1942
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.60 AC
Opportunity Zone
Yes
Zoning
2300 - Permitted and conditional uses in the C-2 zone include general retail, entertainment, restaurants, offices, and service-oriented businesses.
Parking
30 Spaces (4.87 Spaces per 1,000 SF Leased)
Frontage
145’ on E 2700 S

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100

Nearby Major Retailers

CorePower Yoga
Shred415
America First Credit Union
Wells Fargo Home Mortgage
Chase Bank
Harmons
VASA Fitness
The Picklr
Club Pilates
Beans & Brews Coffee House

Property Taxes

Property Taxes

Parcel Number
16-28-304-016-0000
Land Assessment
$1,525,700
Improvements Assessment
$161,800
Total Assessment
$1,687,500
  • Listing ID: 35215013

  • Date on Market: 3/21/2025

  • Last Updated:

  • Address: 3298 Highland Dr, Salt Lake City, UT 84106

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