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24 S 600 E

Salt Lake City, UT 84102
  • $2,000,000
  • STATUS: Active
  • ON SITE: 30 Days
  • ID#: 1778715
UPDATED: 27 min ago
$2,000,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1893
County:

School Ratings & Info

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.

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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2021-12-06T12:37:00.763. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
www.livingutah.com/homes/123085551
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24 S 600 E Salt Lake City, UT 84102

  • Price: $2,000,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 27 min ago
  • ID#: 1778715
0
Beds
0
Baths
0
½ Baths
0.3
Acres
1893
Built
Neighborhood:
Plat B
County:
Salt Lake
Area:
Salt Lake City; So. Salt Lake
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.
Exterior Features

Attached Garage YN No Carport Spaces 0 Carport YN No Construction Status Blt./Standing Covered Spaces 0 Exterior Features Paved Parking Frontage Length 0.0 Garage YN No Horse Property YN Yes Lot Size Dimensions 0.0X0.0X0.0 Mobile Length 0 Mobile Width 0 Open Parking Spaces 0 Open Parking YN No Parking Total 0 Pool Private YN No Roof AsphaltPitchedRubber Spa YN No View YN No Waterfront YN No

Interior Features

Above Grade Finished Area 0 Basement Finished Percentage 0 Bathrooms One Quarter 0 Bathrooms Partial 0 Building Area Total 0 Cooling Central Air Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring CarpetHardwoodTileSlate Heating Forced AirNatural Gas Heating YN True Interior Features See RemarksAlarm: SecurityComm. WiringRestroom: Private Main Level Bedrooms 0 Rooms Total 0 Window Features Blinds

Property Features

Association Fee 0 Association YN No Capitalization Rate 0 Cross Street 600 Current Use Office Irrigation Water Rights Acres 0 Lease Amount 0 Lease Considered YN No Listing Terms CashConventional New Construction YN No Number Of Pads 0 Number Of Units Leased 0 Power Production Solar Year Install 0 Property Attached YN No Property Condition Blt./Standing Property Sub Type Office Senior Community YN No Tax Annual Amount 8624 Utilities See Remarks120/240 V 1 PhaseGas: NaturalSeparate Meter: Elec. Zoning See RemarksMulti-Family Zoning Description Ro

Listing provided courtesy of Summit Sotheby's International Realty -Deer Valley. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2021 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2021-12-06T12:37:00.763. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
 
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