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    48 W Market St Salt Lake City, UT 84101

    For Lease
    $22 SF/Yr ($3,589 /Mo)

    Historic building with creative buildout and prime downtown location.

    Property size:
    1,958 SF
    Lot size:
    0.56 Acres

    Property Features for 48 W Market St

    General Information

    Size
    1,958 SF
    Lot size
    0.56 Acres

    Source: CBRE | Salt Lake City Agent Tab Cornelison

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

    Overview

    Downtown Office Space For Lease

    This office space is available for lease at $22.00 per RSF, with full-service gross terms. Located in an iconic historic building in a prime downtown location, it offers a creative buildout. The property is one block from the TRAX station and within walking distance of numerous dining and entertainment options. Ample parking is available at $75 per month per stall. The 3rd floor offers a full floor of 8,560 RSF. On the 2nd floor, 3,172 RSF is available and can be combined for one contiguous suite. Additional spaces of 1,672 RSF and 1,500 RSF are also available. Flexible lease terms are offered.
    Location Intelligence

    Current Use by Public Records

    Guild Mortgage - Johnnie ... Mortgage Lender Guild Mortgage - Bryan ... Mortgage Lender Guild Mortgage - Pete ... Mortgage Lender Guild Mortgage - Dave ... Mortgage Lender Guild Mortgage - Cami ... Mortgage Lender

    Suggested Use

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

    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
    -111.8925677
    Latitude
    40.7618824

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    FAQs

    What type of property is this?
    Office space - Historic building with creative buildout and prime downtown location.
    Where is this office space located?
    The property is located at 48 W Market St Salt Lake City, UT.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown location; - Full floor available (8,560 RSF) on the 3rd floor; - Iconic Historic Building
    (801) 869-8000
    Request Owner's contact information
    48 W Market St Salt Lake City, UT 84101
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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
    48 W Market St Salt Lake City, UT 84101
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