Two-Story Dance Studio
For Sale
$1,100,000
104-445 N 700 W, North Salt Lake, UT 84054
Single-tenant, two-floor studio property currently operating as a dance studio with a recently renewed lease.
Property Size5,158 SF
Price / SF$213.26
Days on Market54
Property Features for 104-445 N 700 W
General Information
Standard status
Active
Size
5,158 SF
Occupancy
100%
Additional Details
Cap Rate
5.5%
Taxes and HOA fees
Annual Taxes
$2,614
Building Details
Stories
2
Tenancy
Single
Listing Agency:
Berkshire Hathaway HomeServices Utah Properties (North Salt Lake)
(801) 383-1000
Listed By:
Alan W Arbuckle
(801) 647-0254
Source:
Exprealty
Added: Jul 21
Changed: Sep 4
Last Checked: Sep 11 at 2:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Utah Properties (North Salt Lake)
Investment Insights
Based on property information with market context.
This single-tenant commercial property is a turn-key two-story facility currently operating as an established dance studio. The layout spans approximately 5,158 square feet across two flexible floors designed for dance and fitness-style studio use, with functional space for ongoing classes and studio programming.
The property is located at 104-445 N 700 W in North Salt Lake, Utah. It is occupied by a proven, long-term tenant who has recently signed a new 5-year lease renewal, supporting income continuity.
For investors seeking a lower-management profile, the ownership is described as requiring minimal landlord responsibilities. The tenant has also committed to additional space improvements, reflecting continued investment in the location.
The property is located at 104-445 N 700 W in North Salt Lake, Utah. It is occupied by a proven, long-term tenant who has recently signed a new 5-year lease renewal, supporting income continuity.
For investors seeking a lower-management profile, the ownership is described as requiring minimal landlord responsibilities. The tenant has also committed to additional space improvements, reflecting continued investment in the location.
Key Highlights
- Single‑tenant commercial property with ~5,158 SF across two floors, currently operating as a dance studio
- ~5.5% CAP rate (approx.)
- Long‑term tenant recently signed a new 5‑year lease renewal
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
590
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 84054, UT
21,552
Population
7,658
Households
2.8
Avg Household Size
31
Median Age
41%
College-Educated
94%
High-School Grad
8.6 sq mi
ZIP Area
2,506
Density / Sq Mi
$107,889
Median Household Income
$50,071
Median Earnings
$1,648
Median Rent
$472,300
Median Home Value
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- Utah Surf Soccer - Indoor Training Facility — North Salt Lake, UT 84054
- Coliseum Fitness — 460 N Redwood Rd, North Salt Lake, UT 84054
- Force Fitness — 235 W 500 N, North Salt Lake, UT 84054
Frequently Asked Questions
What type of property is this?
Fitness center & gym - Single-tenant, two-floor studio property currently operating as a dance studio with a recently renewed lease.
Where is this fitness center & gym located?
The property is located at 104-445 N 700 W North Salt Lake, UT.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Single‑tenant commercial property with ~5,158 SF across two floors, currently operating as a dance studio; ~5.5% CAP rate (approx.); Long‑term tenant recently signed a new 5‑year lease renewal
