219 W Central Ave, Millcreek, UT 84116

Listing office Colliers - Pleasant Grove - Utah County, Utah g***@cbcadvisors.com Show Phone

Listing date Nov 29, 2023

Source Crexi

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Overview

The Millcreek Creekside Apartments is a fully entitled project located in Millcreek, Utah. The approved design includes 423 apartments in four buildings, along with 7,000 square feet of flexible commercial space along Central Avenue. The location is walkable to two UTA Trax Stations, Murray North and Meadowbrook Stations. Planned amenities include an upscale clubhouse, pools, a fitness center, dog parks, fire pits, and walking trails. The project benefits from a $3.5 million TIF Agreement. The project includes building designs ready for value engineering and final construction drawings. Surveys, geotechnical and environmental studies, and final grading plans are included. The property straddles Big Cottonwood Creek.

Suggested Use

Dental Office Real Estate Agency Hotel & Motel Daycare Center Law Firm Accounting Firm Veterinary Clinic Nursing Home Skin Care Clinic Pharmacy

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

Location Insight

• Map
• Local Demand

City

Millcreek

County

Salt Lake

State

Utah

Longitude

-111.8974544

Latitude

40.6822799

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FAQs

What type of property is this?

Commercial land - Fully entitled 423-unit apartment project with commercial space.

Where is this commercial land located?

The property is located at 219 W Central Ave Millcreek, UT.

What is the asking price?

The asking price for this property is $12,277,000.

What are key features of this property?

This property features: Fully entitled project approved for **423 apartments and 7,000 sq ft of commercial space.**; Includes an in‑place TIF Agreement of $3.5 Million of public financing.; Prime location walkable to two UTA Trax Stations (Murray North and Meadowbrook).