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North Salt Lake Office Building
For Sale
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Pending

795 N 400 W, Salt Lake City, UT 84103

Well-maintained multi-level office building offering 15 on-site parking spaces and flexible space for office, retail, medical, or light industrial use.

Property Size8,531 SF
Days on Market226

Property Features for 795 N 400 W

General Information

Standard status Pending
Size 8,531 SF
Property subtype OFFICE
Listing Agency: Mountain West - Corporate
Listed By: Lance Pendleton
Source: Moodyscre
Added: Dec 18, 2025 Changed: Jul 24 Last Checked: Aug 1 at 3:59AM

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 Mountain West - Corporate

Investment Insights

Based on property information with market context.

8,531 SF office building available for sale or for lease, with 7,031 SF on the first floor and 1,500 SF in the basement. The property is described as well-maintained and includes 15 on-site parking spaces. Possible uses include office, retail, medical office, and light industrial, and the listing also notes industrial as an option.

The building is located in North Salt Lake on a corner of 400 W and 800 N, with access convenience described as less than 1 mile from I-15 and about 2 miles from I-80.

With separate first-floor and basement space, the building can support a variety of operational layouts depending on the tenant’s needs, subject to applicable approvals.

Key Highlights

  • 8,531 SF multi‑level building available for sale or lease, with 7,031 SF first floor and 1,500 SF basement
  • 15 on‑site parking spaces available
  • Corner location on 400 W and 800 N in North Salt Lake

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 $183.2k $21.48
− Vacancy −$18.3k −$2.15
EGI $164.9k $19.33
− OpEx −$41.2k −$4.83
NOI $123.7k $14.50
8,531 SF · lease $21.48/SF/yr · vacancy 10.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.77M
$1.55M – $2.06M (±1% cap)
NOI $123,691 @ 7.0% cap · market cap 5.47%
Second Best
Healthcare Medical
$1.72M
$1.51M – $2.01M (±1% cap)
NOI $120,604 @ 7.0% cap · market cap 5.33%
Theoretical Best
Office A
$2.30M
$2.01M – $2.68M (±1% cap)
NOI $160,886 @ 7.0% cap · market cap 7.12%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Wasatch House Cleaning Hardware & Home Improvement Design West Architects Architecture Firm

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Storage Facility Electrical Service Veterinary Clinic Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,086
Businesses Nearby

Demographics for 84103, UT

22,788
Population
13,528
Households
1.7
Avg Household Size
36
Median Age
66%
College-Educated
98%
High-School Grad
20.5 sq mi
ZIP Area
1,112
Density / Sq Mi
$81,386
Median Household Income
$54,787
Median Earnings
$1,374
Median Rent
$710,700
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
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Frequently Asked Questions

What type of property is this?
Office building - Well-maintained multi-level office building offering 15 on-site parking spaces and flexible space for office, retail, medical, or light industrial use.
Where is this office building located?
The property is located at 795 N 400 W Salt Lake City, UT.
What is the asking price?
The asking price for this property is $2,260,715.
What are key features of this property?
This property features: 8,531 SF multi‑level building available for sale or lease, with 7,031 SF first floor and 1,500 SF basement; 15 on‑site parking spaces available; Corner location on 400 W and 800 N in North Salt Lake
(801) 456-8808 Call to check price and availability
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