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Mixed-Use Property with Barbershop
For Sale
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1150 E 500 S, Salt Lake City, UT 84102

Ground-floor commercial space accompanies multiple leased residential units.

Property SizeContact for details
Days on Market131

Property Features for 1150 E 500 S

General Information

Standard status Active
Property subtype Mixed Use, Multifamily, Retail

Additional Details

Business Included Yes

Building Details

Tenancy Multi
Listing Agency: Marcus & Millichap - Salt Lake City
Listed By: Jake Miles · License #UT 11449836-SA00
Source: Crexi
Added: Apr 24 Changed: Aug 31 Last Checked: Aug 30 at 4:01PM

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 Marcus & Millichap - Salt Lake City

Investment Insights

Based on property information with market context.

This mixed-use building combines four leased residential units with a ground-floor commercial space occupied by University Barbershop. The barbershop is operated by the property owner, creating a combined real estate and operating-business component within the same asset.

Residential tenant parking is positioned behind the building on Elizabeth Street. A separate additional parcel provides parking for the barbershop. The property is located at 1150 E 500 S in Salt Lake City, Utah, and showings require advance coordination with the listing agents.

Key Highlights

  • Four leased residential units
  • Ground‑floor commercial space occupied by University Barbershop
  • Owner‑operated barbershop component

Property Analytics

Current Use

University Barber Shop Barber Shop Extra Space Storage Storage Facility READYMAN Corporate Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Grocery & Convenience Store Real Estate Agency Food Market Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,416
Businesses Nearby

Demographics for 84102, UT

18,857
Population
11,348
Households
1.7
Avg Household Size
29
Median Age
56%
College-Educated
94%
High-School Grad
1.9 sq mi
ZIP Area
9,925
Density / Sq Mi
$50,040
Median Household Income
$32,432
Median Earnings
$1,305
Median Rent
$487,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor commercial space accompanies multiple leased residential units.
Where is this mixed-use property located?
The property is located at 1150 E 500 S Salt Lake City, UT.
What are key features of this property?
This property features: Four leased residential units; Ground‑floor commercial space occupied by University Barbershop; Owner‑operated barbershop component
More about this property
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