257 E 200 S Salt Lake City, UT

Properties For Sale

at 257 E 200 S Contact us

Listing Agency CBRE | Salt Lake City l***@cbre.com Show Phone

Listed by Laurie Adair · License #7366009-SA00 Show Phone

Source Moodyscre

Added: Jan 7, 2025 Checked: Jul 19 at 4:37 am

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Investment Insights

Based on property information with market context.

This 13-story, 258,823-square-foot Class A office tower is located in downtown Salt Lake City, Utah. Originally constructed in 1986 on a 1.77-acre site, the property is projected to be 73% leased. The property has undergone a comprehensive renovation plan, including a complete remodel of the ground floor, creation of a full-service café, fitness center, and an open-air courtyard. The building has a recently renovated lobby, fitness center, and lounge. It also features prominent and panoramic views of downtown and the Wasatch Mountains. The property is Energy Star Certified. An upgraded generator is in place. The offering includes both the adjacent freestanding parking structure and a four-level underground parking garage, providing a parking ratio of 2.92/1,000 sq. ft. Parking Ratio within the building's parking garage is 3 stalls/1,000 RSF. Additional parking is available within a one block radius. The property is well-positioned to attract the next wave of office tenants, having undergone substantial capital enhancements and is conveniently located in the heart of a thriving central business district.

Key Highlights

• Recently renovated lobby, fitness center, and lounge enhance the building's appeal.
• Prominent & panoramic views of downtown and the Wasatch Mountains.
• Excellent parking ratio of 2.92/1,000 sq. ft. with adjacent parking structure and underground garage.

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FAQs

What type of property is this?

Office building - Renovated 13-story office tower in Salt Lake City.

Where is this office building located?

The property is located at 257 E 200 S Salt Lake City, UT.

What are key features of this property?

This property features: Recently renovated lobby, fitness center, and lounge enhance the building's appeal.; Prominent & panoramic views of downtown and the Wasatch Mountains.; Excellent parking ratio of 2.92/1,000 sq. ft. with adjacent parking structure and underground garage.