445 N 700 W 5,304 SF Industrial Condo Unit Offered at $1,100,000 in North Salt Lake, UT 84054

Space was originally build as a high class dance studio, two dance floors on the upper/mezzanine, main level office, two booth salon, kitchen, two bathrooms and third dance floor. Dance floors are hardwood with a shock absorbent system for low impact.

Prime Commercial Investment Opportunity | Single-Tenant Property Overview: An exceptional turn-key investment opportunity featuring a spacious ~5,304 SF commercial property spread over two floors. Currently functioning as an established dance studio, this property offers stable income, a high-quality tenant commitment, and minimal management overhead. Key Investment Highlights Strong Financials: Offered at an approximate 5.5% CAP Rate. Long-Term Stability: Occupied by a proven, long-term tenant who has recently signed a new 5-year lease renewal. Tenant Commitment: The tenant is actively investing in additional space improvements, demonstrating strong long-term operational commitment to the location. Low-Maintenance Ownership: Minimal landlord responsibilities, making this an ideal hands-off asset for both seasoned and entry-level investors. Functional Layout: ~5,304 SF optimized across two flexible floors, tailored for dance/fitness/studio operations with great long-term adaptability.