Corner Storefront Retail
For Sale
$499,900
301 E 1700 S, Salt Lake City, UT 84115
Character-rich commercial space with exposed brick, refinished hardwood floors, and reserved parking rights.
Property Size2,352 SF
Price / SF$212.54
Days on Market49
Property Features for 301 E 1700 S
General Information
Standard status
Active
Size
2,352 SF
Site & Location
Neighborhood
Ballpark
Corner Location
Yes
Amenities
original exposed brick
refinished hardwood floors
reserved parking spaces
Building Details
Year Built
1920
Buildings
1
Listing Agency:
Forte Real Estate, LLC
Listed By:
Samantha Stechschulte
(801) 755-2149
Source:
Buysalty
Added: Sep 6
Changed: Oct 13
Last Checked: Oct 23 at 9:11AM
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 Forte Real Estate, LLC
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Investment Insights
Based on property information with market context.
This 1920 retail building occupies a prominent corner position and has been used for coffee shop and bicycle retail operations. Interior details include exposed brick and refinished hardwood floors, creating a distinctive setting for continued retail use. Reserved parking spaces are available through an easement. The property has been updated for seismic compliance and meets ADA requirements. The business operating from the premises is not included in the sale.
Located at 301 E 1700 S in Salt Lake City, the building offers a recognizable storefront setting within an established urban commercial area. Its corner configuration, existing retail layout, and reserved parking arrangement provide practical features for an owner-user or investor evaluating a commercial property.
Located at 301 E 1700 S in Salt Lake City, the building offers a recognizable storefront setting within an established urban commercial area. Its corner configuration, existing retail layout, and reserved parking arrangement provide practical features for an owner-user or investor evaluating a commercial property.
Key Highlights
- 1920 retail building at 301 E 1700 S, Salt Lake City, UT 84115
- Prominent corner storefront configuration
- Original exposed brick and refinished hardwood floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,214
Cap Rate
7.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$784,280
$784.3K
Cap Rate 7%
$560,200
$560.2K
Cap Rate 9%
$435,711
$435.7K
Market Conditions
NOI Build-Up for 2,352 SF
Gross rent
$53.6K $22.80/SF
− Vacancy
−$1.3K −$0.57/SF
EGI
$52.3K $22.23/SF
− OpEx
−$13.1K −$5.56/SF
NOI
$39.2K $16.67/SF
Area
Salt Lake City, UT
Vacancy
2.50%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$784,280
Cap Rate 7%
$560,200
Cap Rate 9%
$435,711
Alternative Uses
Best Use
Specialty Retail
$560.2K
$490.2K – $653.6K
NOI $39,214 @ 7.0% cap · market cap 7.84%
Second Best
Retail
$502.0K
$439.3K – $585.7K
NOI $35,143 @ 7.0% cap · market cap 7.03%
Theoretical Best
Office A
$633.7K
$554.5K – $739.3K
NOI $44,356 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,278
Businesses Nearby
680k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 60%
Shops & Services 23%
Home Improvements & Furnishings 13%
Dining 2%
Costco Wholesale
Superstores
191,142 visits/mo
0.2 miles
Walmart
Superstores
131,429 visits/mo
0.5 miles
Sam's Club
Superstores
83,485 visits/mo
0.4 miles
Costco Gasoline
Shops & Services
58,142 visits/mo
0.3 miles
The Home Depot
Home Improvements & Furnishings
51,174 visits/mo
0.4 miles
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
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Market
Vacancy Rate% for Retail in Salt Lake City, UT
Similar Off Market Nearby
- Sam's Club Floral — 1905 S 300 W, Salt Lake City, UT 84115
- SameDay-FlowerDelivery — 407 w 1700 s, salt lake city, ut 84115
- LUX Floral & Design — 1578 S 300 W Suite B, Salt Lake City, UT 84115
Frequently Asked Questions
What type of property is this?
Storefront property - Character-rich commercial space with exposed brick, refinished hardwood floors, and reserved parking rights.
Where is this storefront property located?
The property is located at 301 E 1700 S Salt Lake City, UT.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 1920 retail building at 301 E 1700 S, Salt Lake City, UT 84115; Prominent corner storefront configuration; Original exposed brick and refinished hardwood floors
