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Updated Office Condo Near Downtown

60 South 600 East Salt Lake City, UT 84102

60 South 600 East, Salt Lake City, UT, 84102
$650,000
For Sale
Claim this Listing
$650,000

Meticulously maintained 3,760 SF office condo in Salt Lake City.

Property Size3,760 SF
Price / SF$172.87
AddedNov 21, 2025
Days on Market236
Last RefreshJul 15 at 11:08 am

Property Features for 60 South 600 East

General Information

Standard status
Active
Size
3,760 SF
Property subtype
Office

Building Details

Year Built
1985

Listing office InterNet Properties

Listing date Nov 21, 2025

Source Iproperties

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 InterNet Properties


Investment Insights

Based on property information with market context.

This meticulously maintained office condo, built in 1985, is located in Salt Lake City, minutes from downtown and directly off historic South Temple. The property offers 3,760 square feet of space. It features a rare interior staircase, tall ceilings, and abundant natural light, enhanced by skylights. The location provides convenient access to local amenities and attractions, including dining, shopping, and entertainment options in the bustling downtown district. Nearby destinations include The Gateway, a premier entertainment and dining destination, and City Creek Mall. The property also features a private shower. This location presents an enticing opportunity for office building investors seeking a prime Salt Lake City address.

Key Highlights

  • Prime location minutes from downtown Salt Lake City and directly off historic South Temple.
  • Beautifully updated 3,760 SF office condo.
  • Rare interior staircase.

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 $80.8k $21.48
− Vacancy −$8.1k −$2.15
EGI $72.7k $19.33
− OpEx −$18.2k −$4.83
NOI $54.5k $14.50
3,760 SF · lease $21.48/SF/yr · vacancy 10.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$778.8K
$681.5K – $908.6K (±1% cap)
NOI $54,516 @ 7.0% cap · market cap 8.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.01M
$886.4K – $1.18M (±1% cap)
NOI $70,910 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Grocery & Convenience Store Parking Lot & Garage Daycare Center Wine and Liquor Store Furniture & Home Goods Auto Parts Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Office building - Meticulously maintained 3,760 SF office condo in Salt Lake City.
Where is this office building located?
The property is located at 60 South 600 East Salt Lake City, UT.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Prime location minutes from downtown Salt Lake City and directly off historic South Temple.; Beautifully updated 3,760 SF office condo.; Rare interior staircase.
Contact an agent
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