Downtown Mixed-Use Development
300 West 500 Salt Lake City, UT 84101
New
For Sale
Contact for pricing
Pending
8.53-acre downtown block is split zoned D2 and CG, with multiple short-term tenants currently on site.
Lot Size8.53 Acres
Days on Market4
Property Features for 300 West 500
General Information
- Standard status
- Pending
- Lot size
- 8.53 Acres
- Property subtype
- Mixed Use, Land
Listing Agency:
Cushman & Wakefield - Salt Lake City, Utah
(801) 303-5555
Listed By:
Kip Paul · License #UT 5462526-SA00
Source:
Crexi
Added: Jul 21
Changed: Jul 23
Last Checked: Jul 23 at 4:53PM
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 Cushman & Wakefield - Salt Lake City, Utah
Investment Insights
Based on property information with market context.
This offering presents an 8.53-acre downtown land parcel within a full block bounded by major thoroughfares. The block is currently occupied by 11 tenants on short-term leases, following a historical use by the Newspaper Agency Corporation for 30-plus years. The east half of the block is zoned D2 and the west half is zoned CG, providing flexibility for potential development.
The block is bordered by 500 and 600 South, identified as major freeway on- and off-ramp boulevards to downtown Salt Lake City, and also known as the Grand Boulevards. 300 and 400 West complete the block boundaries. Average daily traffic is reported as 72,000 combined for 500 and 600 South and 38,000 combined for 300 and 400 West.
Salt Lake City Corporation has indicated enthusiasm for development of the block and is willing to facilitate the process, which may include acquisition and closure of Gale Street. Potential uses noted include government facilities, educational campus, retail, apartments, hotel, and office.
The block is bordered by 500 and 600 South, identified as major freeway on- and off-ramp boulevards to downtown Salt Lake City, and also known as the Grand Boulevards. 300 and 400 West complete the block boundaries. Average daily traffic is reported as 72,000 combined for 500 and 600 South and 38,000 combined for 300 and 400 West.
Salt Lake City Corporation has indicated enthusiasm for development of the block and is willing to facilitate the process, which may include acquisition and closure of Gale Street. Potential uses noted include government facilities, educational campus, retail, apartments, hotel, and office.
Key Highlights
- 8.53‑acre downtown block bordered by 500 and 600 South and 300 and 400 West
- Block is split‑zoned with east half zoned D2 and west half zoned CG
- 11 tenants currently occupy the property on short‑term leases
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
FAQs
What type of property is this?
Commercial land - 8.53-acre downtown block is split zoned D2 and CG, with multiple short-term tenants currently on site.
Where is this commercial land located?
The property is located at 300 West 500 Salt Lake City, UT.
What are key features of this property?
This property features: 8.53‑acre downtown block bordered by 500 and 600 South and 300 and 400 West; Block is split‑zoned with east half zoned D2 and west half zoned CG; 11 tenants currently occupy the property on short‑term leases
