18 Rio Grande St Salt Lake City, UT 84101
- Retail properties
- 623,000 SF
Current Use by Public Records
- Gateway Management Office / Corporate Office
- EVgo Charging Station / Electric Vehicle Charging Station
- Don Rickles Mural / Art Handcraft
- Festa Italiana SLC / Non-Profit Organization
- Mind The Gap Music Festival / Festival
Property Details for 18 Rio Grande St
- Property size
- 623,000 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
The Gateway Mall, a prominent Salt Lake City landmark originally constructed for the 2002 Winter Olympics, presents a unique investment opportunity. This 623,000 square foot, two-story retail and office complex sits on a 21-acre lot at 18 N Rio Grande St, Salt Lake City, UT 84101 (APN: 15-01-177-009, 15-01-131-1018, 08-36-376-015, 08-36-376-014, 08-36-376-013, Cross Street: 500 West). The property features multiple tenancies, with spaces ranging from a minimum divisible size of 1,741 square feet to a maximum contiguous space of 22,000 square feet. Under new management, The Gateway Mall has undergone significant improvements, incorporating new features designed to enhance the visitor experience. These include multiple art exhibits, outdoor recreation areas, and inviting walking paths. Its prime location in the heart of downtown Salt Lake City ensures high visibility and consistent foot traffic, making it an attractive destination for both locals and tourists. This iconic shopping center continues to be a vital part of the Salt Lake City landscape, offering a compelling investment opportunity in a thriving urban environment. The property's strategic location and recent upgrades position it for continued success and strong returns.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salt Lake City
- County
- Salt Lake
- State
- Utah
- Longitude
- -111.904
- Latitude
- 40.7688
