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    641 North Temple W Salt Lake City, UT 84116

    For Lease
    $22 SF/Yr ($7,005 /Mo)

    Retail space suitable for a restaurant, near public transportation.

    Property size:
    3,821 SF
    Lot size:
    3.28 Acres

    Property Features for 641 North Temple W

    General Information

    Size
    3,821 SF
    Lot size
    3.28 Acres

    Source: Mountain West - Corporate Agent Matt Nordell

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

    Overview

    Restaurant Space Near Delta Center

    This retail space is located on the ground level of a building with 359 residential apartments. The property is a second-generation restaurant space, previously occupied by Mestizo Coffeehouse. It features frontage on North Temple, which has an average daily traffic count of 25,727. The location is one block away from TRAX and within walking distance of the Delta Center and The Gateway Mall. The property has a size of 3,821 square feet and is suitable for restaurant use.
    Location Intelligence

    Current Use by Public Records

    Airport Executive Sedan Taxi Service supermercado Store

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Restaurant Hair Salon Nail Salon Building Supply 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
    -111.909121
    Latitude
    40.771482

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    FAQs

    What type of property is this?
    Retail space - Retail space suitable for a restaurant, near public transportation.
    Where is this retail space located?
    The property is located at 641 North Temple W 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: - Ground level retail beneath 359 residential apartments; - 2nd Generation Restaurant (Former Mestizo Coffeehouse); - Frontage on North Temple (ADT 25,727)
    (801) 837-9590
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    641 North Temple W Salt Lake City, UT 84116
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    Salt Lake City, UT 84116
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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
    641 North Temple W Salt Lake City, UT 84116
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