Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    268 S State St Salt Lake City, UT 84111

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $28 SF/Yr

    Retail/restaurant space in the heart of downtown Salt Lake City.

    Property size:
    179,092 SF
    Lot size:
    179,092 SF

    Property Features for 268 S State St

    General Information

    Size
    179,092 SF

    Building Details

    Year built
    2001

    Source: Scott Ingham, MBA Agent Scott Ingham, MBA

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

    Overview

    Downtown Retail/Restaurant Space Available

    Retail or restaurant space is available in downtown Salt Lake City. Located in the Celtic Bank building, the space, identified as Suite 140, offers between 2,000 and 5,000 square feet. The property is positioned on a highly trafficked corner in the heart of the downtown central business district. The State Street traffic count is 27,771 ADT. The landlord is willing to consider generous tenant improvements for the right tenant. The lease rate will be determined by the landlord's tenant improvement contribution. The property size is 179,092 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cognizant Technology Solutions Software Company Beans & Brews Coffeehouse Coffee Shop Celtic Bank Bank MONARCA Mexican Restaurant Kessler Apartments Lodging

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Daycare Center Gym & Fitness

    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
    -111.8879614
    Latitude
    40.775304

    Nearby Similar for Lease

    • $2,250,000
      35,719 SF

      Salt Lake City Commercial Property

      Commercial property with drive-through in growing Salt Lake City location.
      2714 S 300 W, Salt Lake City, UT 84115
      View Details
    • Contact for pricing
      33,541 SF

      South Temple Office Suites Available

      Office suites available for rent with parking and modern amenities.
      699 S Temple St, Salt Lake City, UT 84102
      View Details
    • $1,050,000
      436 SF

      Updated Office Space in Holladay

      Updated office with excellent visibility and convenient highway access.
      3115 E Lion Ln, Salt Lake City, UT 84121
      View Details
    • Contact for pricing
      7,405 SF

      Prime Sugarhouse Office Space

      High-traffic, walkable office space in Sugarhouse City Center.
      1055 E 2100 S, Salt Lake City, UT 84106
      View Details
    • Contact for pricing
      26,136 SF

      Furnished Office Space Available Now

      Furnished office suite for lease in Salt Lake City.
      1770 E Fort Union Blvd, Salt Lake City, UT 84121
      View Details
    • Contact for pricing
      261,360 SF

      Under Construction Industrial Flex Property

      Industrial flex spaces for lease in Salt Lake City, UT.
      3015 W Directors Row, Salt Lake City, UT 84104
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail/restaurant space in the heart of downtown Salt Lake City.
    Where is this retail space located?
    The property is located at 268 S State St Salt Lake City, UT.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown Salt Lake City location in the Celtic Bank building.; - High-traffic corner location with 27,771 ADT on State Street.; - Generous Tenant Improvements (TI's) considered by landlord.
    (801) 243-9999
    Request Owner's contact information
    268 S State St Salt Lake City, UT 84111
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    268 S State St
    Salt Lake City, UT 84111
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    268 S State St Salt Lake City, UT 84111
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.