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1973 N North Temple

2,000 SF Industrial Building Salt Lake City, UT 84116 $1,300,000 ($650/SF)

Investment Highlights

  • 1973 N North Temple is a 1,998-square-foot warehouse with 900 square feet of industrial space and 900 square feet of office space.
  • Premier owner/user industrial opportunity ideally located among major cargo and service transportation routes.
  • Encompassing area is served via the Utah TRAX station within walking distance and the Salt Lake City Railroad less than 3 miles away.
  • Less than five miles from Salt Lake City International Airport, adjacent to the I-215 and I-80 interchange, and convenient to I-15.
  • Offers a 12’to 13’ ceiling height, 250 A/ 240 V single-phase power, one 10’ by 10’ loading door, a 4’ by 8’ loading door, and fenced outside storage.

Executive Summary

1973 N North Temple is pleased to be presented to the market as an excellent owner/user/ industrial developer/ flex property with gated parking on TSA-MU-zoned land. The subject property offers 1,998 square feet on a 0.36-acre parcel. There is fenced-in outside storage space, a floor drain, an exhaust hood, one restroom, one 10-foot by 10-foot drive-in, one 4-foot by 8-foot drive-in, 250a/ 240v 1p power, and up to a 13-foot ceiling height. Zoned TSA-MU, this mixed-use employment area has a high concentration of jobs that attract people from the entire region. Land uses support the employment centers of various service and goods-producing industries. Building types have become more flexible over time, further enabling connectivity for all modes of business and travel – a high-demand item due to the limited street network.

1973 N North Temple is in a prime location for industrial/ flex/ mixed-use operations in Salt Lake County. It is approximately 3.5 miles from Salt Lake City International Airport, 3 miles from Salt Lake’s Specialized Railroad, and within walking distance of Utah’s public transportation, TRAX, station. Other users who share the surrounding area include the State of Utah and Salt Lake City corporate offices, Roland R. Wright Air National Guard Base, American Track railroad contractor, Love’s Travel truck stop, and XPO Logistics. Of a state-level overview, more than 6,000 tech and software companies are in the Salt Lake and Provo markets, including Overstock.com, Adobe, Qualtrics, and startups Pluralsight and Domo. Zions Bancorporation, Wells Fargo, Discover Financial Services, and American Express also have significant corporate footprints.

Utah is a national leader in high job growth, low unemployment, low cost of doing business, and talented labor. Utah regularly ranks among the best states for business, careers, living, health, and quality of life. The state provides an array of employment opportunities in various industries. Of the condo site’s encompassing five miles, the local population of 176,396 residents is set to increase by 0.5% by 2028, with more than $1.9B spent annually and generated back into the local economy. There are approximately 212,310 daytime employees, with 175,255 reporting to service-producing industries and over 37,000 reporting to good-producing industries. Of the service-producing realms, trade transportation and utilities retain the largest group, and of good-producing, manufacturing has the largest.

Property Facts

Price $1,300,000
Price Per SF $650
Sale Type Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.36 AC
Rentable Building Area 2,000 SF
No. Stories 1
Year Built 1976
Tenancy Single
Parking Ratio 3/1,000 SF
Clear Ceiling Height 13 FT
No. Drive In / Grade-Level Doors 2

Amenities

  • Fenced Lot
  • Floor Drains

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-34-353-051-0000
Land Assessment
$533,600
Improvements Assessment
$11,000
Total Assessment
$544,600

zoning

Zoning Code TSA-MU (TSA-MU)
TSA-MU (TSA-MU)
  • Listing ID: 30876822

  • Date on Market: 2/5/2024

  • Last Updated:

  • Address: 1973 N North Temple, Salt Lake City, UT 84116

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