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171 Rio Grande St Salt Lake City, UT 84101

OFF-MARKET Retail properties & Spaces Google Maps
2,870 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 2,870 square foot restaurant space is available for sublease in the heart of downtown Salt Lake City, Utah. Located at 171 S Rio Grande St, in the 84101 zip code, this second-generation restaurant boasts a prime location within Salt Lake County. The entire space, totaling 2,870 square feet, is currently vacant and ready for immediate occupancy. The property is classified as retail and restaurant space with multiple tenancy options. This turnkey opportunity presents a significant advantage for restaurateurs seeking a fully equipped establishment in a high-traffic area. The address offers excellent visibility and accessibility, making it an ideal location to establish or relocate a thriving culinary business. The property's size and layout are well-suited for a variety of restaurant concepts, providing ample space for dining, kitchen operations, and storage. This is a rare chance to secure a fully built-out restaurant space in a desirable downtown location, eliminating the significant time and expense associated with build-outs. The property is situated in Salt Lake County, Utah, offering easy access to major transportation routes and a vibrant urban environment. Serious inquiries are encouraged to explore this exceptional opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,870 SF

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
  • Restaurant

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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