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    150 South State St Salt Lake City, UT 84111

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    For Lease
    $17 SF/Yr

    Upgraded warehouse with retail/office potential near City Creek Center.

    Property size:
    53,000 SF
    Lot size:
    53,000 SF

    Property Features for 150 South State St

    General Information

    Size
    53,000 SF

    Source: Andy Renfro Agent Andy Renfro

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

    Overview

    Historic Warehouse in CBD Heart

    This building, originally constructed as a warehouse in the early 1900s, has recently undergone interior upgrades. The property features wood floors, exposed brick, and details under a stucco façade. Cast iron decorative columns and windows are present on all sides of the building. The property is located in the heart of the CBD, next to the City Creek Center project. It is within walking distance of shopping, Temple Square, The Alta Club, Trax, and numerous local restaurants. The building offers a potential tenant a variety of different retail, office, or warehouse options. The property has a size of 53000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Saasuma Software Company Homeworkable Software Company Webware.io Marketing Agency SearchMyDocs Inc Software Company datalab.cc Software Training Institute

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Law Firm Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.8885383
    Latitude
    40.765886

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    FAQs

    What type of property is this?
    Office space - Upgraded warehouse with retail/office potential near City Creek Center.
    Where is this office space located?
    The property is located at 150 South State St Salt Lake City, UT.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in the heart of CBD, next to the new City Creek Center.; - Walking distance to shopping, Temple Square, The Alta Club, Trax, and numerous local restaurants.; - Versatile space suitable for retail, office, or warehouse use.
    (801) 706-7845
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    150 South State St Salt Lake City, UT 84111
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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
    150 South State St Salt Lake City, UT 84111
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