Two-Floor Fitness Studio
For Sale
$1,100,000
445 N 700 W Unit #104, North Salt Lake, UT 84054
Turn-key two-story commercial property operating as a dance studio with long-term tenant lease renewal.
Property Size2,007 SF
Price / SF$213.26
Days on Market52
Property Features for 445 N 700 W Unit #104
General Information
Standard status
Active
Size
2,007 SF
Property subtype
Industrial
Additional Details
Cap Rate
5.5%
Building Details
Building Size
2,007 SF
Year Built
2007
Stories
2
Tenancy
Single
Listing Agency:
Berkshire Hathaway HomeServices Utah Properties (North Salt Lake)
(801) 383-1000
Listed By:
Alan W Arbuckle
(801) 647-0254
Source:
Liftrealty
Added: Jul 21
Changed: Sep 9
Last Checked: Sep 9 at 7:14AM
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 Berkshire Hathaway HomeServices Utah Properties (North Salt Lake)
Investment Insights
Based on property information with market context.
This single-tenant commercial property totals approximately 5,158 square feet across two floors and is currently operating as an established dance studio. The layout is optimized for dance/fitness studio use and offers flexibility for continued adaptation over time.
The property is occupied by a long-term tenant that has recently signed a new five-year lease renewal. The tenant is also investing in additional space improvements, supporting ongoing operational continuity.
For investors seeking a lower-maintenance ownership structure, the offering is positioned as a turn-key, hands-off asset with minimal landlord responsibilities tied to day-to-day operations.
The property is occupied by a long-term tenant that has recently signed a new five-year lease renewal. The tenant is also investing in additional space improvements, supporting ongoing operational continuity.
For investors seeking a lower-maintenance ownership structure, the offering is positioned as a turn-key, hands-off asset with minimal landlord responsibilities tied to day-to-day operations.
Key Highlights
- Single‑tenant commercial property built in 2007, currently operating as a dance studio
- About 5,158 SF two‑story layout designed for studio/dance/fitness operations across two flexible floors
- Tenant has recently signed a new 5‑year lease renewal
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
695
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 84054, UT
21,552
Population
7,658
Households
2.8
Avg Household Size
31
Median Age
41%
College-Educated
94%
High-School Grad
8.6 sq mi
ZIP Area
2,506
Density / Sq Mi
$107,889
Median Household Income
$50,071
Median Earnings
$1,648
Median Rent
$472,300
Median Home Value
Questions? Ask Rey
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Similar Off Market Nearby
- Surf team training — 37 N Cutler Dr, North Salt Lake, UT 84054
- Foothill Fitness Equipment - North Salt Lake — 215 N Redwood Rd STE 7, North Salt Lake, UT 84054
- Utah Surf Soccer - Indoor Training Facility — North Salt Lake, UT 84054
- Coliseum Fitness — 460 N Redwood Rd, North Salt Lake, UT 84054
- Force Fitness — 235 W 500 N, North Salt Lake, UT 84054
Frequently Asked Questions
What type of property is this?
Fitness center & gym - Turn-key two-story commercial property operating as a dance studio with long-term tenant lease renewal.
Where is this fitness center & gym located?
The property is located at 445 N 700 W Unit #104 North Salt Lake, UT.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Single‑tenant commercial property built in 2007, currently operating as a dance studio; About 5,158 SF two‑story layout designed for studio/dance/fitness operations across two flexible floors; Tenant has recently signed a new 5‑year lease renewal
