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Mixed-Use Building with Loft Apartments

325-331 W Pierpont Ave, Salt Lake City, UT 84101

For Sale
Contact for pricing

Ground-level retail is paired with residential space in a renovated historic building.

Property Size51,306 SF
Lot Size1.30 Acres
Days on Market20

Property Features for 325-331 W Pierpont Ave

General Information

Standard status Active
Size 51,306 SF
Lot size 1.30 Acres
Property subtype Retail, Multifamily, Mixed Use

Site & Location

Neighborhood Downtown
Road Access Yes
Public Transit Yes
Mixed-Use Components retail, residential

Building Details

Year Built 1910
Year Renovated 2023
Construction brick-and-timber
Listing Agency: Colliers - Salt Lake City, Utah
Listed By: Derek Sawaya · License UT 8082653-SA00
Source: Crexi
Added: Oct 26 Changed: Nov 10 Last Checked: Nov 12 at 7:21AM

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

Rey
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Investment Insights

Based on property information with market context.

This 51,306-square-foot mixed-use property occupies 1.3 acres and combines retail space at street level with loft apartments on the upper floors. Built in 1910, the building received a significant renovation in 2023. Brick and timber construction contribute to its historic character, while the retail frontage extends along Pierpont Avenue.

The property occupies a full block on Pierpont Avenue in downtown Salt Lake City. The Delta Center, Salt Palace Convention Center, and The Gateway are situated between the property and surrounding area; light rail is one block away.

Key Highlights

  • 51,306‑square‑foot mixed‑use property on 1.3 acres
  • Street‑level retail with loft apartments above
  • Built in 1910 and significantly renovated in 2023

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Veterinary Clinic Wine and Liquor Store Tanning Salon Fish Market

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

5,340
Businesses Nearby

Demographics for 84101, UT

8,140
Population
5,605
Households
1.5
Avg Household Size
34
Median Age
51%
College-Educated
95%
High-School Grad
1.8 sq mi
ZIP Area
4,522
Density / Sq Mi
$70,391
Median Household Income
$55,238
Median Earnings
$1,336
Median Rent
$541,100
Median Home Value

Market

Properties on Market for Mixed-use properties in Salt Lake County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-level retail is paired with residential space in a renovated historic building.
Where is this mixed-use property located?
The property is located at 325-331 W Pierpont Ave Salt Lake City, UT.
What are key features of this property?
This property features: 51,306‑square‑foot mixed‑use property on 1.3 acres; Street‑level retail with loft apartments above; Built in 1910 and significantly renovated in 2023
(801) 889-6213 Call to check price and availability
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