270 600th S Salt Lake City, UT 84101-2703

This exceptional industrial property, located at 270 W 600 S in Salt Lake City, Utah, presents a compelling investment opportunity. The property consists of two single-story buildings totaling 4,950 square feet on a 16,117 square foot corner lot, zoned D-1. The asking price is $4,500,000, translating to $909.09 per square foot. The property boasts a Net Operating Income (NOI) of $81,600. It offers 16 parking spaces and is currently available vacant, although a below-market lease is in place with a tenant if desired. A separately owned billboard with an easement on the parking lot is available for an additional $1.2 million; the billboard currently generates $2,700 per month in rental income on a month-to-month lease. A clean Phase 1 environmental report and a partial Phase 2 are available upon request. This property is ideal for owner-occupiers or developers seeking a prime location in the heart of downtown Salt Lake City. The property's address is 270 West 600 South, Salt Lake City, UT 84101, with APN numbers 15-01-453-007-0000 and 15-01-453-005-0000. The lease type is Net Net Plus (NN+).