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3329 S Sue St 2,235 SF 100% Leased Retail Building South Salt Lake, UT 84115 $399,000 ($178.52/SF)
Investment Highlights
- Attractive price in an opportunity zone: The building is affordably priced and located in an opportunity zone, making it a strong investment prospect
- Flexible layout: The space can be customized for a variety of uses, including retail, office, or a combination of both
- Value-add opportunity: The property offers great potential for improvement, providing a chance for significant return on investment
Executive Summary
This 2,235 SF Flex retail building in Salt Lake City presents a promising value-add opportunity located in an opportunity zone for an investor or business owner looking to capitalize on a property with untapped potential.
While the building requires some work and updates, it’s priced affordably, allowing for a great return on investment once improvements are made. The space’s flexible layout makes it ideal for a wide range of uses, whether for retail, office, or even a combination of both.
Located in a established area with strong demand for adaptable spaces, this property can be customized to meet the needs of a variety of businesses.
With the right renovations, it could be transformed into a modern, functional space that draws in customers or tenants, making it an excellent long-term investment.
Whether you're seeking a project to revitalize or a base for your business, this property offers a rare opportunity to secure a space in a promising area at an attractive price point. See offering memorandum for more information.
While the building requires some work and updates, it’s priced affordably, allowing for a great return on investment once improvements are made. The space’s flexible layout makes it ideal for a wide range of uses, whether for retail, office, or even a combination of both.
Located in a established area with strong demand for adaptable spaces, this property can be customized to meet the needs of a variety of businesses.
With the right renovations, it could be transformed into a modern, functional space that draws in customers or tenants, making it an excellent long-term investment.
Whether you're seeking a project to revitalize or a base for your business, this property offers a rare opportunity to secure a space in a promising area at an attractive price point. See offering memorandum for more information.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,235 SF
Building Class
B
Year Built
1947
Price
$399,000
Price Per SF
$178.52
Percent Leased
100%
Building Height
1 Story
Building FAR
0.57
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
TOD-C - Commercial Zoning To promote new, well-integrated high-Density residential, commercial, office, institutional and other employment center Development
Parking
5 Spaces (2.24 Spaces per 1,000 SF Leased)
Frontage
79’ on Sue St
Walk Score®
Very Walkable (79)
Nearby Major Retailers
Property Taxes
| Parcel Number | 15-25-478-014-0000 | Improvements Assessment | $188,800 |
| Land Assessment | $167,300 | Total Assessment | $356,100 |
Property Taxes
Parcel Number
15-25-478-014-0000
Land Assessment
$167,300
Improvements Assessment
$188,800
Total Assessment
$356,100
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