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268 Main St

18,500 SF 100% Leased Retail Building Park City, UT 84060 $19,250,000 ($1,041/SF)

Investment Highlights

  • Unparalleled visibility and foot traffic
  • Historic building with unique architectural features
  • Turkey operation: fully operational with existing leases, providing immediate income generation
  • Strong rental history and income generation, ideal for investors seeking robust returns
  • Convenient access to ski resorts, outdoor activities ensuring year-round tenant and visitor engagement
  • Potential opportunity for rooftop deck expansion

Executive Summary

Discover a rare investment opportunity on Park City’s iconic Main Street with this historic property offering prime visibility and robust income potential. Strategically positioned to capitalize on the renowned Sundance Film Festival, this property boasts a lucrative investment. Featuring significant square footage and conveniently located near China Bridge Garage and Brewpub parking lot. With a blend of old-world charm and modern amenities, this versatile building is ideally situated for retail, dining, and office use, catering
to diverse tenant needs. Enjoy panoramic views of Park City’s scenic mountain landscapes while benefiting from its prime location near ski resorts and vibrant mountain town amenities. With a strong rental history and potential for value enhancement through renovation, including a potential rooftop deck, this property represents a compelling choice for investors seeking both immediate returns and
long-term growth in one of Utah’s most coveted destinations. Ideal for investors seeking strong rental returns and long-term appreciation

Data Room Click Here to Access

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
18,500 SF
Building Class
B
Year Built
1889
Price
$19,250,000
Price Per SF
$1,041
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.24
Lot Size
0.19 AC
Zoning
HCB - Historic Commercial Business Zoning
Frontage
9 FT on Main St

Amenities

  • 24 Hour Access
  • Bus Line
  • Fireplace
  • Restaurant
  • Signage
  • Wheelchair Accessible
  • Accent Lighting
  • Air Conditioning
  • Balcony
  • Fiber Optic Internet

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • PC-554-A
  • PC-275-A-1
  • PC-275-A
  • PC-557
  • PC-274
  • PC-275
Land Assessment
$3,100,600
Improvements Assessment
$14,606,572
Total Assessment
$17,707,172
  • Listing ID: 32770422

  • Date on Market: 8/12/2024

  • Last Updated:

  • Address: 268 Main St, Park City, UT 84060

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