Two-Level Mixed-Use
326 500 E, Salt Lake City, UT 84102
For Sale
Contact for pricing
The property offers private offices, meeting rooms, reception space, and open work areas across two levels.
Property Size11,428 SF
Lot Size0.38 Acres
Price / SF$252.89
Days on Market8
Property Features for 326 500 E
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Mixed-Use Components
Additional Details
Asking Price
Property Use
Amenities
private office
conference rooms
reception
open work areas
breakroom
restrooms
free on-site parking
covered parking
Building Details
Buildings
Stories
Building Size
Listing Agency:
cRc Nationwide
(801) 617-1700
Listed By:
Gavin Perryman · License #14005951-SA00
(801) 617-1709
Source:
Moodyscre
Added: Nov 2
Changed: Nov 5
Last Checked: Nov 8 at 8:24AM
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 cRc Nationwide
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Investment Insights
Based on property information with market context.
This 11,428-square-foot mixed-use building occupies two levels and was formerly used as a bank. The interior includes private offices, conference rooms, reception and open work areas, a breakroom, and restrooms. The main and lower levels each contain 5,714 square feet and may be leased separately. The layout also supports single- or multi-tenant occupancy.
The 0.38-acre site includes an adjacent parking parcel. On-site parking includes covered spaces, and the property offers access to downtown Salt Lake City and the university area.
The 0.38-acre site includes an adjacent parking parcel. On-site parking includes covered spaces, and the property offers access to downtown Salt Lake City and the university area.
Key Highlights
- 11,428 square feet across two levels
- Each level contains 5,714 square feet and can be leased separately
- 0.38‑acre site includes an adjacent parking parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$170,752
Cap Rate
5.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,415,040
$3.4M
Cap Rate 7%
$2,439,314
$2.4M
Cap Rate 9%
$1,897,244
$1.9M
Market Conditions
NOI Build-Up for 11,428 SF
Gross rent
$251.0K $21.96/SF
− Vacancy
−$7.0K −$0.61/SF
EGI
$243.9K $21.35/SF
− OpEx
−$73.2K −$6.40/SF
NOI
$170.8K $14.94/SF
Area
Salt Lake City, UT
Vacancy
2.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,415,040
Cap Rate 7%
$2,439,314
Cap Rate 9%
$1,897,244
Alternative Uses
Best Use
Retail
$2.44M
$2.13M – $2.85M
NOI $170,752 @ 7.0% cap · market cap 5.91%
Second Best
Mixed Use
$2.25M
$1.97M – $2.63M
NOI $157,706 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$3.08M
$2.69M – $3.59M
NOI $215,521 @ 7.0% cap · market cap 7.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,911
Businesses Nearby
376k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 51%
Dining 20%
Shops & Services 16%
Home Improvements & Furnishings 6%
Smith's
Groceries
77,696 visits/mo
0.3 miles
Trader Joe's
Groceries
58,424 visits/mo
0.5 miles
Whole Foods Market
Groceries
56,664 visits/mo
0.5 miles
Building At 60 Exchange Pl
Hotels & Casinos
21,123 visits/mo
0.5 miles
Chili's Grill & Bar
Dining
20,155 visits/mo
0.5 miles
Demographics for 84102, UT
18,857
Population
11,348
Households
1.7
Avg Household Size
29
Median Age
56%
College-Educated
94%
High-School Grad
1.9 sq mi
ZIP Area
9,925
Density / Sq Mi
$50,040
Median Household Income
$32,432
Median Earnings
$1,305
Median Rent
$487,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Mixed-use properties in Salt Lake County
Vacancy Rate% for Retail in Salt Lake City, UT
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property offers private offices, meeting rooms, reception space, and open work areas across two levels.
Where is this mixed-use property located?
The property is located at 326 500 E Salt Lake City, UT.
What is the asking price?
The asking price for this property is $2,890,000.
What are key features of this property?
This property features: 11,428 square feet across two levels; Each level contains 5,714 square feet and can be leased separately; 0.38‑acre site includes an adjacent parking parcel
