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    331 Rio Grande St Salt Lake City, UT 84101

    For Lease
    $12 SF/Yr

    Downtown SLC Creative Office Space Available

    Lot size:
    13,001 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    The Carpenter Building offers exceptional creative office space in the heart of Salt Lake City. This multi-tenant building boasts 10,997 square feet of immediately available space, with a minimum divisible unit of 1,978 square feet. Enjoy the building's unique aesthetic, featuring exposed brick and ductwork, original hardwood floors, and abundant natural light throughout both individual suites and common areas. High ceilings, reaching 15 feet, contribute to a spacious and inspiring work environment. Suites offer open floor plans, ideal for modern businesses. The building is conveniently located next to major freeways, providing easy access to Salt Lake City International Airport and the University of Utah. Its prime downtown location places it within walking distance of The Gateway, Pioneer Park, the TRAX light rail system, and all the amenities of downtown Salt Lake City. Ample adjacent parking is available for tenants and visitors. The building includes an elevator for ADA accessibility and a convenient common area loading dock. With hundreds of new apartment units under construction within a one-block radius, this location offers exceptional growth potential and a vibrant, urban atmosphere. This is a rare opportunity to secure high-quality creative office space in a highly desirable Salt Lake City location. Salt Lake County location.

    Property Features for 331 Rio Grande St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,001 SF

    Unit(s) available at that property

    Space
    Suite B-1
    Size
    2,700 SF
    Rate per SF
    $14
    Space
    Suite 320
    Size
    1,978 SF
    Rate per SF
    $21
    Space
    Suite 203
    Size
    3,500 SF
    Rate per SF
    $21
    Space
    Suite 303
    Size
    2,819 SF
    Rate per SF
    $21
    Space
    Suite 305
    Size
    2,004 SF
    Rate per SF
    $21

    HighLights

    • 1,978 SF minimum divisible space.
    • 10,997 SF of vacant office space available.
    • 15' ceilings.
    • Elevator access.
    • Located in Salt Lake County.
    • Excellent urban/creative aesthetic with exposed brick, ductwork, and original hardwood floors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    PEGUS Research Inc Research Institute Barton Law Office, ... Family Law Attorney David E. Rosenbloom, ... Attorney Referral Service Alta Minerals Mining Company Blerp Inc. Software Company

    Suggested Use

    Realty agency Restaurant Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.90401243293
    Latitude
    40.762170431664

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    FAQs

    What type of property is this?
    Office space - Downtown SLC Creative Office Space Available
    Where is this office space located?
    The property is located at 331 Rio Grande St Salt Lake City, UT.
    What is the lease rate?
    The lease rate is $14-$21 SF/Yr.
    What are key features of this property?
    This property features: 1,978 SF minimum divisible space.; 10,997 SF of vacant office space available.; 15' ceilings.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    331 Rio Grande St Salt Lake City, UT 84101
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