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    323-325 W Hope Ave Salt Lake City, UT 84115

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    For Lease
    Contact for pricing

    Adaptable space suitable for various businesses with high visibility.

    Property size:
    1,390 SF
    Lot size:
    0.30 Acres

    Property Features for 323-325 W Hope Ave

    General Information

    Size
    1,390 SF
    Lot size
    0.30 Acres

    Source: InterNet Properties Agent Jordan B. Smith

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

    Overview

    Versatile Retail/Industrial Space Available

    Formerly S&H Terminal, known as "The Pit Stop," this property at 323 Hope Avenue is situated among industrial buildings, residential areas, and major retailers, including Costco. It offers direct access to I-15, with high visibility to approximately 32,000 vehicles daily. The property's layout can accommodate a single tenant or be divided for up to four tenants. Available spaces range from 1,400 to 8,000 square feet. Desired industries include hospitality, bars and restaurants, retail, health and wellness, office, and creative light-industrial. The property features variable clear heights from 12 to 18 feet and a new roof. It includes 200 amps of 240V 3-phase power and 40 parking stalls. The lease is NNN. There is abundant on-site and street parking. The property is located close to downtown.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

    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
    -111.9005096
    Latitude
    40.7387283

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    FAQs

    What type of property is this?
    Retail space - Adaptable space suitable for various businesses with high visibility.
    Where is this retail space located?
    The property is located at 323-325 W Hope Ave Salt Lake City, UT.
    What are key features of this property?
    This property features: - High visibility location with direct access to I-15 and approximately 32,000 passing vehicles daily.; - Flexible property layout that can accommodate a single tenant or be divided for up to four tenants.; - Abundant on-site and street parking available.
    (385) 259-8007
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    323-325 W Hope Ave Salt Lake City, UT 84115
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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
    323-325 W Hope Ave Salt Lake City, UT 84115
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