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Unique Loft Office Space

4885 S 900 E Salt Lake City, UT 84117

4885 S 900 E, Salt Lake City, UT, 84117
$420,000
For Sale
Claim this Listing
$420,000

COMMERCIAL - Salt Lake City, UT

Property Size1,517 SF
Lot Size0.01 Acres
Price / SF$276.86
AddedMay 25
Days on Market51
Last RefreshJul 14 at 1:06 pm

Property Features for 4885 S 900 E

General Information

Property type
Commercial Sale
Property subtype
Office
Zoning
Commercial
Security features
Security
Window features
Blinds
Interior features
Alarm: Security, Restroom: Private
Standard status
Active
APN
22-08-183-045
Size
1,517 SF
Lot size
0.01 Acres

Taxes and HOA fees

Tax Annual Amount
2092

Utilities

Heating system
Natural Gas

Building Details

Year built
1981
Flooring type
Carpet, Tile
Roof type
Asbestos Shingle

Listing agent Steven Vanderlaan

Listing office Next Real Estate Inc 9844 S Brinly Court, RIVERTON, UT

Listing date May 25, 2026

MLS# 2160761

Copyright © 2026 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This commercial property in Salt Lake City offers a unique office space featuring a loft and a private bathroom. The space includes three main offices and additional workspaces. A full remodel was completed in 2023. The property features a built-in loft. The property offers 1,317 square feet on the main level, plus an additional approximately 200 square feet on the upper office level, creating a functional two-level workspace. The main floor entry provides easy access. The second level is fully built out as office space, comfortably accommodating two workstations. The layout is efficient for small teams, providing separation between work areas. The property is ideal for owner-users and features clean, modern finishes. The CAM fee is $652.04 per month, which includes power, gas, water, common area maintenance, HVAC, and roof maintenance. The property is zoned for medical, tech startups, and professional services. It is also suitable for small teams needing a multi-level workspace and owner-operators.

Key Highlights

  • Two‑level office/workspace with 1,317 SF main level plus ~200 SF upper office level
  • Fully remodeled office space in 2023 with move‑in ready condition and a built‑in loft
  • Includes 3 main offices plus additional workspaces; upper level supports two workstations

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $32.6k $21.48
− Vacancy −$3.3k −$2.15
EGI $29.3k $19.33
− OpEx −$7.3k −$4.83
NOI $22.0k $14.50
1,517 SF · lease $21.48/SF/yr · vacancy 10.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$314.2K
$274.9K – $366.6K (±1% cap)
NOI $21,995 @ 7.0% cap · market cap 5.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$408.7K
$357.6K – $476.8K (±1% cap)
NOI $28,609 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Tebbs & Smith PC Tax Preparation 253 Media Marketing & Advertising Aste Dentistry Dental Office Adtheon Marketing & Advertising Inline Rolfing Alternative Medicine Practice

Suggested Use

Parking Lot & Garage HVAC Service Bakery Grocery & Convenience Store (Bike/Boat/Book/etc) Store Catering Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Florist

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Remodeled office with loft, private bathroom, and kitchenette.
Where is this office units located?
The property is located at 4885 S 900 E Salt Lake City, UT.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Two‑level office/workspace with 1,317 SF main level plus ~200 SF upper office level; Fully remodeled office space in 2023 with move‑in ready condition and a built‑in loft; Includes 3 main offices plus additional workspaces; upper level supports two workstations
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