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    159 South Main St Salt Lake City, UT 84111

    For Lease
    Contact for pricing

    Restaurant space in downtown Salt Lake City near amenities.

    Property size:
    10,500 SF
    Lot size:
    10,500 SF

    Property Features for 159 South Main St

    General Information

    Size
    10,500 SF

    Source: Nico Priskos Agent Nico Priskos

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

    Overview

    Downtown Salt Lake Restaurant Space

    This restaurant space is available for lease and includes 3,500 square feet on the retail level, with an additional 3,500 square feet in the basement. The property is situated in downtown Salt Lake City, surrounded by shopping, restaurants, office buildings, and theaters. A second entrance/exit is located in the back of the building, providing access to McCarthey Plaza and Regent Street. The location is near the Eccles Theatre, high-rise office towers, City Creek Center, and the Salt Palace Convention Center. The property is close to new development projects, hotels, multiple TRAX stations, and other downtown amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The RUIN Bar

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store Gym & Fitness

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

    Similar Places Nearby

    Porteña Empanadas, Zahara, Green jar, Food Truckin, Bacchus Event Services

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.8908416
    Latitude
    40.7656573

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    FAQs

    What type of property is this?
    Restaurant - Restaurant space in downtown Salt Lake City near amenities.
    Where is this restaurant located?
    The property is located at 159 South Main St Salt Lake City, UT.
    What are key features of this property?
    This property features: - Located in the heart of downtown Salt Lake City on busy Main Street.; - Rare downtown 2nd generation restaurant space.; - Includes **3,500 SF retail level space and a 3,500 SF basement**.
    (801) 413-8902
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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
    159 South Main St Salt Lake City, UT 84111
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