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Office Condo with Conference Rooms
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68-72 S Main St, Salt Lake City, UT 84101

Move-in-ready office condo in the McIntyre Building with secure access, private restrooms, kitchenette, and multiple conference rooms.

Property Size5,517 SF
Price / SF$326.08
Days on Market239

Property Features for 68-72 S Main St

General Information

Standard status Active
Size 5,517 SF
Property subtype OFFICE

Site & Location

Highway Access Yes
Public Transit Yes

Amenities

secure access
private restrooms
kitchenette
multiple conference rooms
Listing Agency: Colliers | Salt Lake City Downtown
Listed By: Vic Galanis, SIOR · License #13885438-SA00
Source: Moodyscre
Added: Dec 5, 2025 Changed: Jul 30 Last Checked: Jul 31 at 3:41AM

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 Downtown

Investment Insights

Based on property information with market context.

Move-in-ready office condo (5,517 SF) in the iconic McIntyre Building, fully built out for day-to-day business use. The space includes secure access, private restrooms, a kitchenette, and multiple conference rooms, making it well suited for teams needing ready-to-operate meeting and work areas.

Located in the heart of downtown Salt Lake City, the property is surrounded by City Creek and offers access to TRAX and nearby dining, hotels, and retail amenities. Connectivity is highlighted to I-15, I-80, and SLC International Airport.

This is a practical option for an organization looking for a finished office condo within a central, connected downtown environment.

Key Highlights

  • Move‑in‑ready 5,517 SF office condo in the McIntyre Building
  • Secure access
  • Private restrooms

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 $118.5k $21.48
− Vacancy −$11.9k −$2.15
EGI $106.7k $19.33
− OpEx −$26.7k −$4.83
NOI $80.0k $14.50
5,517 SF · lease $21.48/SF/yr · vacancy 10.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.14M
$999.9K – $1.33M (±1% cap)
NOI $79,991 @ 7.0% cap · market cap 4.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.49M
$1.30M – $1.73M (±1% cap)
NOI $104,045 @ 7.0% cap · market cap 5.78%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Pet Store & Service Veterinary Clinic Pet Store (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon

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
Highway access

Location Intelligence

Trade Area within ½ mile

7,032
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

Vacancy Rate% for Office in Salt Lake City, UT

9.7% 2019
14.7% 2020
17.9% 2021
19.3% 2022
23.6% 2023
24.8% 2024
23.1% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Move-in-ready office condo in the McIntyre Building with secure access, private restrooms, kitchenette, and multiple conference rooms.
Where is this office units located?
The property is located at 68-72 S Main St Salt Lake City, UT.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: Move‑in‑ready 5,517 SF office condo in the McIntyre Building; Secure access; Private restrooms
(801) 947-8393 Call to check price and availability
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