Good News Salt Lake Church 140 E 4800 S
6,665 SF 100% Leased Office Building Salt Lake City, UT 84107 $1,300,000 ($195/SF)
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INVESTMENT HIGHLIGHTS
- Prime 6,665 SF office building
- Convenient & accessible location
- Flexible floor plan for diverse office needs
- Ample parking for tenants and visitors
- High visibility for potential tenants
- Potential for strong rental income
EXECUTIVE SUMMARY
Presenting a unique opportunity to own a highly sought-after mixed-use property located just off State Street in the heart of Murray, UT. This versatile building offers 6,677 sf of both office and residential spaces, making it a perfect investment for those seeking strong cash flow and long-term growth potential. The property includes four residential apartment units, two of which are owner occupied and two are currently rented. One unit is generating $980 per month, while the other brings in $1,085 per month, offering immediate rental income. With 2 additional vacant units upon the sale of the property, there's plenty of potential to increase revenue. Boasting 25 dedicated parking stalls, the property provides ample convenience for tenants, employees, and clients. Its prime location near State Street ensures excellent accessibility, making it an attractive option for both businesses and renters alike. Whether you're looking to expand your investment portfolio or secure a property in a high-demand area, this mixed-use building offers endless potential. Don't miss your chance to own this exceptional office and residential investment!
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
6,665 SF
Building Class
B
Year Built
1940
Price
$1,300,000
Price Per SF
$195
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,333 SF
Building FAR
1.09
Lot Size
0.14 AC
Zoning
CDC
Parking
25 Spaces (3.75 Spaces per 1,000 SF Leased)
1 of 1
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (73)
PROPERTY TAXES
Parcel Number | 22-07-106-015-0000 | Improvements Assessment | $1,137,890 |
Land Assessment | $164,590 | Total Assessment | $1,302,480 |