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Mixed-Use Retail to Apartments Development
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1331 S State St, Salt Lake City, UT 84115

Proposed conversion of two existing retail buildings into a retail and multifamily project with 153 apartments.

Property Size127,000 SF
Days on Market127

Property Features for 1331 S State St

General Information

Standard status Active
Size 127,000 SF
Property subtype Mixed Use, Retail

Additional Details

Multifamily Units 153
Listing Agency: Colliers - Salt Lake City, Utah
Listed By: Chris Kirk · License #UT 5468557-SA00
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 11:16AM

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 Colliers - Salt Lake City, Utah

Investment Insights

Based on property information with market context.

The Coachman Mixed-Use Development Project proposes converting two existing retail buildings into contemporary retail and multifamily apartment structures. The plan calls for a total of 153 units, ranging from studios to 1-3 bedrooms, along with 127,000 square feet of rentable/sellable space. Civil construction documents have already been drawn up, supporting an accelerated path from planning to development.

The site is located just a block away from the Salt Lake Bees Smith’s Ballpark and is surrounded by a mix of retail and commercial establishments.

Designed with a contemporary living environment in mind, the project is intended to serve a range of multifamily housing needs alongside on-site retail components.

Key Highlights

  • Proposed conversion of two existing retail buildings into a retail and multifamily development.
  • Total of 153 apartment units planned, with unit types ranging from studios to 1–3 bedrooms.
  • Approximately 127,000 sq ft of rentable/sellable space planned for the project.

Property Analytics

Current Use

Da Fa Travel Travel Agency IMMIGRATION LAW CONSULTATION Consultant ACTION PLUS TAX ... Accounting Firm

Suggested Use

Top Pick Dental Office HVAC Service Daycare Center (Bike/Boat/Book/etc) Store Wine and Liquor Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

153
Residential units

Location Intelligence

Trade Area within ½ mile

1,370
Businesses Nearby

Demographics for 84115, UT

27,588
Population
13,899
Households
2
Avg Household Size
33
Median Age
33%
College-Educated
85%
High-School Grad
6.1 sq mi
ZIP Area
4,523
Density / Sq Mi
$61,505
Median Household Income
$43,785
Median Earnings
$1,263
Median Rent
$396,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Proposed conversion of two existing retail buildings into a retail and multifamily project with 153 apartments.
Where is this mixed-use property located?
The property is located at 1331 S State St Salt Lake City, UT.
What are key features of this property?
This property features: Proposed conversion of two existing retail buildings into a retail and multifamily development.; Total of 153 apartment units planned, with unit types ranging from studios to 1–3 bedrooms.; Approximately 127,000 sq ft of rentable/sellable space planned for the project.
(801) 244-3553 Call to check price and availability
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