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1535 Sunnyside Ave Salt Lake City, UT 84105

Sponsored
For Sale
$7,000,000

1.32-acre prime Salt Lake City site.

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional 1.32-acre land parcel, located at 1535 E Sunnyside Ave, Salt Lake City, UT 84105, presents a unique investment opportunity. Situated in Salt Lake County, this property boasts a highly desirable location just one block from the University of Utah's South Campus and within close proximity to the George E. Wahlen Department of Veterans Affairs Medical Center. The "I" - Institutional zoning allows for a building height of 35 feet as of right, with potential for approval up to 75 feet through a design review process. The lot, measuring approximately 225' x 257.77', offers significant development potential. The property's strategic location on Salt Lake City's affluent East Bench, surrounded by the University of Utah, Research Park, and a high-end residential neighborhood, ensures strong demand and future appreciation. With an asking price of $7,000,000, this represents a compelling investment in a thriving area. The high daily traffic counts on nearby Sunnyside Avenue and Foothill Drive further enhance the property's commercial viability. Convenient access to the University of Utah campus, hospital, Huntsman Cancer Center, Research Park, and the VA Medical Center via walking or TRAX light rail adds to its appeal. Parcel number 16-09-126-010, Legal Lot 1A, The Armory 4 Lot Minor Sub.

Property Features for 1535 Sunnyside Ave

General Information

Property type
Land
Lot Size
57,499 SF

HighLights

  • 1.57,945 SF lot (1.32 acres) at 1535 E Sunnyside Ave, SLC, UT 84108, Parcel No. 16‑09‑126‑010, Legal Lot 1A, The Armory 4 Lot Minor Sub, measuring 225' x 257.77'.
  • Prime East Bench location, adjacent to the University of Utah, Research Park, and upscale residential neighborhoods.
  • $7,000,000 asking price.
  • High daily traffic counts on Sunnyside Ave: 15,881 (Sunnyside/Guardsman Way) and 47,025 (Sunnyside/Foothill Dr).
  • Convenient access to the University of Utah, University Hospital, Huntsman Cancer Center, Research Park, and the George E. Wahlen Veterans Affairs Medical Center via walking or TRAX.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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
-111.847212
Latitude
40.7512619

FAQs

What type of property is this?
Land - 1.32-acre prime Salt Lake City site.
Where is this land located?
The property is located at 1535 Sunnyside Ave Salt Lake City, UT.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: 1.57,945 SF lot (1.32 acres) at 1535 E Sunnyside Ave, SLC, UT 84108, Parcel No. 16-09-126-010, Legal Lot 1A, The Armory 4 Lot Minor Sub, measuring 225' x 257.77'.; Prime East Bench location, adjacent to the University of Utah, Research Park, and upscale residential neighborhoods.; $7,000,000 asking price.
More about this property
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