Address
24 S 600 E Salt Lake City, UT
Price
$ 2,000,000
Property Attributes
  • MLS#1778715
  • TypeCommercial
  • CountySALT LAKE
  • CitySalt Lake City
  • AreaSalt Lake City
  • NeighborhoodPLAT B
  • Zip84102
  • Style
  • Year Built1893
  • Taxes$ 8624
  • Price$ 2,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.3 Acres
Listing Provided Courtesy Of:
Summit Sotheby's International Realty -Deer Valley
Data Source:
Wasatch Front Regional MLS (WFRMLS) - 183 - UT
Property Description

Newport Square is a charming office building just blocks from downtown Salt Lake City with potential for re-development. Iconic location on 600 East, just off South Temple by the Governor's mansion. Non-historic with an oversized .30-acre lot and RO zoning, allowing for multifamily, residential, and office use. Originally configured as large one-bedroom apartments before the current owner converted to 7 private offices in 1982. Potential for investors to increase income through market rents and renting the office and six private garages that the owner has used for himself. Conversion back to apartments could provide higher income. However, there is a unique potential to pursue a new build or expand the existing building, given its non-historic status and small footprint on the oversized lot. Whatever your vision, Newport Square presents an increasingly scarce opportunity for end-users, investors, and developers alike. Shown by appointment outside of office hours.

Price History
11/5/2021 Listed $2,000,000

General Features

Association Y/N No
Attached Garage No
Carport Y/N No
Cooling Central Air
Current Use Office
Exterior Features Paved Parking
Flooring Carpet, Hardwood, Tile, Slate
Garage Y/N No
Heating Forced Air, Natural Gas
Home Warranty Y/N No
Interior Features See Remarks, Alarm: Security, Comm. Wiring, Restroom: Private
Lease Considered Y/N No
Lot Size Square Feet 13068.0
MLS Area Salt Lake City; So. Salt Lake
New Construction No
Private Pool No
Property Attached Y/N No
Property SubType Office
Property Type Commercial Sale
Roof Asphalt, Pitched, Rubber
Security Features Security System
Senior Community Y/N No
Standard Status Active
Subdivision Name PLAT B
Tax Annual Amount 8624.0
Utilities See Remarks, 120/240 V 1 Phase, Gas: Natural, Separate Meter: Elec.
Year Built 1893
Zoning See Remarks, Multi-Family
Zoning Description RO

Interior Features

Air Conditioning Y/N Yes
Fireplace Y/N No
Heating Y/N Yes
Window Features Blinds

Exterior Features

Frontage Length 0.0
Horse Y/N Yes
Lot Dimensions 0.0x0.0x0.0
Lot Size Acres 0.3
Lot Size Area 0.3
Lot Size Units Acres
Open Parking Y/N No
Spa No
View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 84102

Price
AVG $690K
$2M
Taxes
AVG $3,083
$8,624
Visits
AVG 67
5
Year Built
AVG 1949
1893

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