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Value-Add Flex Retail | South Salt Lake, UT 3329 S Sue St 2,235 SF 100% Leased Retail Building South Salt Lake, UT 84115 $389,000 ($174.05/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
Single-story flex retail building
Zoned TOD-C, allowing a wide range of commercial uses
Renovation required; priced accordingly for value-add or owner-user opportunity
Located just off 3300 South (±45,000 ADT) and near State Street (±28,000 ADT) Strong traffic counts and excellent accessibility
Surrounded by national retailers and service-oriented users
Established commercial corridor along 3300 S/State St
Seller financing available: 8% interest-only with $100,000+ down. Contact agent for details.
Zoned TOD-C, allowing a wide range of commercial uses
Renovation required; priced accordingly for value-add or owner-user opportunity
Located just off 3300 South (±45,000 ADT) and near State Street (±28,000 ADT) Strong traffic counts and excellent accessibility
Surrounded by national retailers and service-oriented users
Established commercial corridor along 3300 S/State St
Seller financing available: 8% interest-only with $100,000+ down. Contact agent for details.
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
$389,000
Price Per SF
$174.05
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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Value-Add Flex Retail | South Salt Lake, UT | 3329 S Sue St
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