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650 500 Salt Lake City, UT 84101

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Estimated value
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Property ID

Property summary

AI-generated overview

INDUSTRY SLC offers a unique blend of coworking, executive office suites, and traditional office spaces in Salt Lake City's revitalized Granary District. This historic building, originally constructed in 1943 and once a foundry for the CW Silver Company, has been thoughtfully repurposed to provide a dynamic and inspiring work environment. Currently, there are five available spaces ranging in size from 373 square feet to a substantial 10,846 square feet, catering to businesses of all sizes and needs. The flexible tenancy options allow for multiple occupants, providing a collaborative and vibrant atmosphere. The building's rich history is evident in its architectural details, creating a unique and memorable workspace. Located in the heart of the Granary District, INDUSTRY SLC offers easy access to local amenities, transportation, and a thriving community. This is an exceptional opportunity to secure office space in a landmark building within a rapidly developing and desirable area of Salt Lake City, Salt Lake County. The property's adaptable spaces are ideal for companies seeking a modern and historically significant location to establish or expand their operations. The available spaces offer a range of configurations to suit diverse business requirements, from small startups to larger established firms. The building's transformation reflects a commitment to preserving its heritage while embracing contemporary design and functionality.

Property profile

Verified
Property type Office Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Architecture Firm
  • IT Consulting Firm Tech Support Center
  • Engineering Consultant
  • Insurance Agency
  • Advertising Agency Marketing & Advertising

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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