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971 Margaret Ave

2,522 SF Industrial Building Salt Lake City, UT 84104 $1,500,000 ($595/SF)

Investment Highlights

  • Seller Financing
  • Close Freeway Access
  • M-1 Zoning
  • 16ft Overhead Door

Executive Summary

Peak Collective Real Estate is pleased to present the opportunity to purchase a strategically located industrial property located at 971 Margaret Ave, Salt Lake City, UT.
Seller financing is available with proposed terms of 20% down, a 6.5% interest rate, amortized over 25 years with a 10-year balloon payment. Monthly payments would be $8,102.49 Financing Terms can be negotiable.
With approx 2,552 square feet situated on .24 acres, this property offers a mix of warehouse and office space, making it ideal for various businesses. Close to multiple freeway access points ensures seamless transportation logistics.
The property is located in a highly desired M-1 industrial zoning, providing flexibility for a range of industrial, manufacturing and business uses. There is a fenced lot which can also be used as yard space.
The warehouse has a 16 ft roll up overhead door, phase 3 power, and fenced yard space.

Attachments

971 Margaret Ave

Data Room Click Here to Access

Property Facts

Price $1,500,000
Price Per SF $595
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Service
  • Industrial Manufacturing
  • FlexLight Distribution
Building Class B
Lot Size 0.24 AC
Rentable Building Area 2,522 SF
No. Stories 1
Year Built 1957
Tenancy Single
Parking Ratio 1.59/1,000 SF
No. Drive In / Grade-Level Doors 1

Amenities

  • Fenced Lot
Bike Score ®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-14-404-003-0000
Land Assessment
$60,300
Improvements Assessment
$226,700
Total Assessment
$287,000

zoning

Zoning Code M-1 (Light manufacturing district)
M-1 (Light manufacturing district)
  • Listing ID: 32792422

  • Date on Market: 8/14/2024

  • Last Updated:

  • Address: 971 Margaret Ave, Salt Lake City, UT 84104

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