345 East Pl Salt Lake City, UT 84102
This exceptional commercial property, located at 345 East 300 South in Salt Lake City, Utah, presents a unique investment opportunity. The 17,986 square foot office building, constructed in 1977, is a two-story Class C structure situated on a 0.63-acre lot. The asking price is $6,350,000, translating to $353.05 per square foot. Ample parking is available, with a ratio of 4.4 spaces per 1,000 square feet. The property's zoning and potential for redevelopment should be investigated by prospective buyers. The building's current configuration offers significant potential for renovation or repurposing to meet a variety of commercial needs. Its central Salt Lake City location within Salt Lake County (zip code 84102) provides excellent access to major transportation arteries and a robust business community. Detailed architectural plans and property surveys are available upon request. This property is ideal for investors seeking a strong foothold in the Salt Lake City market or developers envisioning a new project. The substantial lot size offers significant expansion possibilities. Further due diligence is recommended to fully assess the property's potential. This is a rare opportunity to acquire a well-located commercial property with significant upside.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.