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Freestanding Retail Building For Lease
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158 South State Street, Salt Lake City, UT 84111

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

Space Size3,515 SF
Days on Market274

Property Features for 158 South State Street

General Information

Standard status Active
Size 3,515 SF
Property subtype Retail

Building Details

Building Size 3,515 SF

Spaces For Lease

at 158 South State Street Contact us

158 State

Size
3,515 SF
Type
Free Standing Building
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency:
Listed By: Scott Ingham, MBA
Source: Iproperties
Added: Nov 21, 2025 Changed: Aug 21 Last Checked: Aug 21 at 5:21AM

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 Scott Ingham, MBA

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

Pawn Brokers Exchange Discount Store Downtown Salt Lake ... Vacation Rental USA Club Corporate Office

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Butcher Pet Store & Service Veterinary Clinic Wine and Liquor Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

5,236
Businesses Nearby
140k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Apparel 67% Groceries 27% Shops & Services 6%
Nordstrom Apparel
93,717 visits/mo 0.4 miles
Harmons Grocery Groceries
37,560 visits/mo 0.3 miles
7-Eleven Shops & Services
6,375 visits/mo 0.5 miles
Big O Tires Shops & Services
2,386 visits/mo 0.3 miles

Demographics for 84111, UT

12,162
Population
8,635
Households
1.4
Avg Household Size
34
Median Age
55%
College-Educated
95%
High-School Grad
1.4 sq mi
ZIP Area
8,687
Density / Sq Mi
$57,188
Median Household Income
$49,490
Median Earnings
$1,294
Median Rent
$423,000
Median Home Value

Market

Vacancy Rate% for Retail in Salt Lake City, UT

6.5% 2019
7.5% 2020
5% 2021
3.5% 2022
4.2% 2023
4.2% 2024
3.5% 2025
Rey
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Frequently Asked Questions

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 Street 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.
More about this property
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