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    39 Exchange Pl Salt Lake City, UT 84111

    For Sale
    $6,900,000

    Historic Executive Suites, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This stunning 17,787 square foot executive office building, located at 39 E Exchange Pl in Salt Lake City, Utah, presents a unique investment opportunity. Built in 1910, this landmark property sits on 0.38 acres in the heart of Salt Lake City's Central Business District, offering unparalleled access to the vibrant downtown area. Its prime location places it within easy reach of the Gallivan Center and City Creek Mall, providing employees and visitors with abundant retail, entertainment, and recreational options. The building's historical significance adds to its prestige and appeal, making it an ideal location for discerning businesses seeking a sophisticated and well-situated office space. The asking price is $6,900,000. The property boasts approximately 4 parking spaces per 1000 square feet. Furthermore, its designation as an Opportunity Zone presents significant tax advantages for potential investors. This property is perfectly suited for an owner-user seeking a prestigious and conveniently located headquarters. The building's classic architecture and modern amenities combine to create a truly exceptional workspace in the heart of a thriving city. This is a rare chance to acquire a piece of Salt Lake City history and a highly desirable commercial property. The zip code is 84111.

    Property Features for 39 Exchange Pl

    General Information

    Property type
    Office Properties & Spaces

    HighLights

    • 17,787 SF executive office building in Salt Lake City's Central Business District.
    • Built in 1910 on a 0.38‑acre lot.
    • 4 parking spaces per 1,000 square feet.
    • Located in an Opportunity Zone, offering significant tax advantages.
    • Ideal for owner‑users seeking a prestigious headquarters.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Utah Paralegals Legal Services Anderson David C Attorney Alpine Securities Stock Broker NAD IV Therapy ... Medical Group Green & Luhn, PC's Attorney

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Food Market Clothing Store Grocery Store Daycare Center

    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
    -111.8896591
    Latitude
    40.7614174

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    FAQs

    What type of property is this?
    Office Property / Space - Historic Executive Suites, Prime Location
    Where is this office property / space located?
    The property is located at 39 Exchange Pl Salt Lake City, UT.
    What is the asking price?
    The asking price for this property is $6,900,000.
    What are key features of this property?
    This property features: 17,787 SF executive office building in Salt Lake City's Central Business District.; Built in 1910 on a 0.38-acre lot.; 4 parking spaces per 1,000 square feet.
    Request Owner's contact information
    39 Exchange Pl Salt Lake City, UT 84111
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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
    39 Exchange Pl Salt Lake City, UT 84111
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