7676-7680 S State St Midvale, UT 84047

Building Details

Year Built

1976

Listing agency InterNet Properties c***@iproperties.com Show Phone

Listed by Chris Metos · License #8228033-SA00 Show Phone

Source Iproperties

Added: Mar 6 Updated: Jul 10 at 1:00PM Checked: Jul 21 at 8:13AM

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Investment Insights

Based on property information with market context.

This investment opportunity features four commercial buildings situated on two parcels, totaling 1.29 acres. Two of the buildings are flex-style structures encompassing 40 individual units, which offer the flexibility to be combined to accommodate current or future tenant expansion needs. The remaining two buildings include a single-family residence and a fully renovated retail space, now equipped for restaurant use including a brand new hood, grease trap, restrooms, flooring, and lighting. The restaurant building includes a newly executed 5-year lease. The property benefits from close proximity to major freeways, public transportation options, and high average daily traffic counts. The property is centrally located with excellent accessibility off of State Street. It is ideal for investors seeking stability and value-add opportunities in a dynamic Salt Lake County market.

Key Highlights

• Immediate in‑place cash flow with strong upside potential.
• Four commercial buildings on two parcels totaling 1.29 acres.
• Newly executed 5‑year lease on fully renovated retail/restaurant building.

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FAQs

What type of property is this?

Mixed-use property - Four commercial buildings on 1.29 acres with income potential.

Where is this mixed-use property located?

The property is located at 7676-7680 S State St Midvale, UT.

What is the asking price?

The asking price for this property is $6,350,000.

What are key features of this property?

This property features: Immediate in‑place cash flow with strong upside potential.; Four commercial buildings on two parcels totaling 1.29 acres.; Newly executed 5‑year lease on fully renovated retail/restaurant building.