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    158 South State St Salt Lake City, UT 84111

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    For Lease
    Contact for pricing

    Freestanding retail building in downtown Salt Lake City available for lease.

    Property size:
    3,515 SF
    Lot size:
    3,515 SF

    Property Features for 158 South State St

    General Information

    Size
    3,515 SF

    Source: Scott Ingham, MBA Agent Scott Ingham, MBA

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Retail Building For Lease

    This freestanding retail building, located in the heart of downtown, is available for lease. The brick building offers architectural character and is ready for adaptive reuse. It is ideally suited for a restaurant or bar user, with tenant improvements available for qualified tenants. The property provides access to the back of the building through Plum Alley. It is adjacent to Astra Tower, a 372-unit luxury apartment building expected to be completed in 2024, and across from Liberty Sky, a 272-unit luxury apartment building. Additionally, it is located near 95 State, a 640,000 square foot Class A office building. The property has a size of 3,515 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pawn Brokers Exchange Pawn Shop Downtown Salt Lake ... Vacation Home Rental Agency USA Club Corporate Office

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Easy Wedding Flowers by Emily, The Petal Coop, The Art Floral, Flower Imagination, JoAnn Wheeler

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.8879427
    Latitude
    40.7730765

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    FAQs

    What type of property is this?
    Storefront property - Freestanding retail building in downtown Salt Lake City available for lease.
    Where is this storefront property located?
    The property is located at 158 South State St Salt Lake City, UT.
    What are key features of this property?
    This property features: - High-Traffic Location: Situated in the heart of downtown, promising significant foot traffic and visibility.; - Proximity to Luxury Apartments: Adjacent to Astra Tower and across from Liberty Sky, offering a built-in customer base.; - Near Class A Office Building: Close to 95 State, providing a daytime customer base.
    (801) 243-9999
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    158 South State St Salt Lake City, UT 84111
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