Salt Lake City Retail
For Sale
$2,900,000
202 West 300 South, Salt Lake City, UT 84101
10,000 SF commercial building in Salt Lake City.
Property Size10,000 SF
Price / SF$290
Days on Market155
Property Features for 202 West 300 South
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Retail
Listing Agency:
InterNet Properties
(801) 413-8902
Listed By:
Nico Priskos · License #5478741-PB0
(801) 413-8902
Source:
Iproperties
Added: Feb 26
Changed: Jul 10
Last Checked: Jul 30 at 4:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of InterNet Properties
Investment Insights
Based on property information with market context.
Located at 202 West 300 South in Salt Lake City, this commercial building offers a prime investment opportunity. The property features 10,000 square feet of space, suitable for retail and restaurant ventures. The building's layout provides versatile options for creating a dynamic retail or dining experience. Its location offers exceptional visibility, making it an attractive prospect for investors seeking a prominent presence in a thriving commercial hub.
Key Highlights
- Prime investment opportunity in Salt Lake City.
- 10,000 SF commercial building ideal for retail and restaurant investors.
- Versatile layout options.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $219.6k | $21.96 |
| − Vacancy | −$6.1k | −$0.61 |
| EGI | $213.5k | $21.35 |
| − OpEx | −$64.0k | −$6.40 |
| NOI | $149.4k | $14.94 |
10,000 SF · lease $21.96/SF/yr · vacancy 2.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.13M
$1.87M – $2.49M
NOI $149,416 @ 7.0% cap · market cap 5.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.69M
$2.36M – $3.14M
NOI $188,590 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,717
Businesses Nearby
335k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 31%
Dining 28%
Apparel 28%
Shops & Services 13%
Nordstrom
Apparel
93,717 visits/mo
0.4 miles
McDonald's
Dining
41,636 visits/mo
0.3 miles
Building At 60 Exchange Pl
Hotels & Casinos
21,123 visits/mo
0.5 miles
Maverik Adventures First Stop
Shops & Services
18,366 visits/mo
0.4 miles
Panda Express
Dining
15,415 visits/mo
0.4 miles
Demographics for 84101, UT
8,140
Population
5,605
Households
1.5
Avg Household Size
34
Median Age
51%
College-Educated
95%
High-School Grad
1.8 sq mi
ZIP Area
4,522
Density / Sq Mi
$70,391
Median Household Income
$55,238
Median Earnings
$1,336
Median Rent
$541,100
Median Home Value
Market
Vacancy Rate% for Retail in Salt Lake City, UT
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - 10,000 SF commercial building in Salt Lake City.
Where is this retail space located?
The property is located at 202 West 300 South Salt Lake City, UT.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Prime investment opportunity in Salt Lake City.; 10,000 SF commercial building ideal for retail and restaurant investors.; Versatile layout options.
