206 Temple St Salt Lake City, UT 84101
This exceptional 3,500 square foot restaurant space is situated on the ground floor of the Holiday Inn Express in downtown Salt Lake City, at the corner of 200 South and West Temple. Built in 1973 and renovated in 2005, this single-story building within a larger 11-story complex (APN 15-01-276-008-0000) offers unparalleled access and visibility. The space boasts excellent exposure to the high foot traffic of downtown, benefiting from its proximity to the Salt Lake Convention Center and numerous hotels. The property provides a unique opportunity to serve the hotel's guests 24/7, with convenient interior access to the lobby. An outdoor patio enhances the dining experience, while short-term parking on West Temple Street caters to delivery drivers. The total building square footage is 146,521 square feet, with this restaurant space representing a significant portion of the ground floor. This location offers a blend of convenience, visibility, and accessibility, making it an ideal opportunity for a variety of restaurant concepts. The property's strategic location and established infrastructure present a compelling investment opportunity in a thriving downtown area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.