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Corner Residential Income Property
For Sale
$370,000

1940 Prospector Ave #316, Park City, UT 84060

Studio-style condominium with a full kitchen, fireplace, and corner exposure overlooking shared recreational amenities.

Property Size490 SF
Price / SF$755.10
Days on Market22

Property Features for 1940 Prospector Ave #316

General Information

Standard status Active
Size 490 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence ideal renovation project

Units

Unit Mix 1 x studio
Multifamily Units 1

Additional Details

Public Transit Yes

Amenities

outdoor swimming pool
indoor hot tub
coin-operated laundry
fireplace

Building Details

Year Built 1988
Listing Agency: BHHS Utah Properties - Sv
Listed By: Christine Grenney
Source: Chooseparkcity
Added: Aug 8 Changed: Aug 28 Last Checked: Aug 28 at 10:18AM

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 BHHS Utah Properties - Sv

Investment Insights

Based on property information with market context.

This corner-end studio condominium contains approximately 490 square feet and was built in 1988. The interior includes a full kitchen equipped with a full-size stove, oven, and refrigerator, along with a fireplace and natural light associated with its corner position. Views extend toward the community’s outdoor swimming pool and oversized indoor hot tub.

The property is located at 1940 Prospector Ave #316 in Park City’s Prospector neighborhood, across from the Rail Trail and along the city’s free transit route. Historic Main Street, Park City Mountain, Deer Valley, shopping, restaurants, coffee shops, and year-round recreation are identified as accessible from the property. Coin-operated laundry facilities are available on-site.

Key Highlights

  • Approximately 490 square feet
  • Studio‑style corner‑end condominium built in 1988
  • Full kitchen with full‑size stove, oven, and refrigerator

Property Analytics

Current Use

Prospector Accommodations Hotel & Motel RMO Resort Double D Taxi ... Freight Service Carriage House Condominiums Hotel & Motel

Suggested Use

Top Pick Auto Repair Shop Electrical Service Barber Shop Building Supply Computer & Electronic Repair Big Box & Wholesale Store

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,348
Businesses Nearby

Demographics for 84060, UT

8,621
Population
9,160
Households
0.9
Avg Household Size
44
Median Age
65%
College-Educated
95%
High-School Grad
43.8 sq mi
ZIP Area
197
Density / Sq Mi
$132,412
Median Household Income
$50,494
Median Earnings
$1,900
Median Rent
$1,753,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Studio-style condominium with a full kitchen, fireplace, and corner exposure overlooking shared recreational amenities.
Where is this residential income property located?
The property is located at 1940 Prospector Ave #316 Park City, UT.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Approximately 490 square feet; Studio‑style corner‑end condominium built in 1988; Full kitchen with full‑size stove, oven, and refrigerator
More about this property
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