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Top-Floor Studio Income Property
For Sale
$275,000

1940 Prospector Ave #401, Park City, UT 84060

Updated kitchenette and bath improvements complement pool, hot tub, ski lockers, and bus access.

Property Size315 SF
Price / SF$873.02
Days on Market16

Property Features for 1940 Prospector Ave #401

General Information

Standard status Active
Size 315 SF
Property subtype Multi-Family

Units

Unit Mix 1 x studio
Multifamily Units 1

Additional Details

Public Transit Yes

Amenities

pool
hot tub
ski lockers
secure building access
laundry facilities

Building Details

Year Built 1988
Listing Agency: Summit Sotheby's International Realty
Listed By: Matthew Magnotta · License #7841420-SA00
Source: Parkcityrealestate
Added: Aug 26 Changed: Sep 9 Last Checked: Sep 9 at 8:39AM

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 Summit Sotheby's International Realty

Investment Insights

Based on property information with market context.

This 315-square-foot corner studio occupies the top floor of a 1988 residential income property. An additional window brings natural light to the unit, while views toward the ski runs add a distinctive interior outlook. Improvements include a kitchenette with a new oven, countertop, two-burner cooktop, and microwave, along with a new water heater, updated shower, and electric air-conditioning unit. Laundry facilities are located on the same floor.

The property is at 1940 Prospector Ave #401 in Park City, with exit-step access to the free city bus stop. Restaurants, shopping, and the Rail Trail are nearby, and the building provides a pool, hot tub, ski lockers, and secure entry. The studio is identified for rental use or personal residence.

Key Highlights

  • 315‑square‑foot top‑floor corner studio
  • Ski run views and an extra window for added natural light
  • Kitchenette includes a new oven, countertop, two‑burner cooktop, and microwave

Property Analytics

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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
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Frequently Asked Questions

What type of property is this?
Residential income property - Updated kitchenette and bath improvements complement pool, hot tub, ski lockers, and bus access.
Where is this residential income property located?
The property is located at 1940 Prospector Ave #401 Park City, UT.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 315‑square‑foot top‑floor corner studio; Ski run views and an extra window for added natural light; Kitchenette includes a new oven, countertop, two‑burner cooktop, and microwave
More about this property
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