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Banks
UT
South Salt Lake
84115
2714 300th W

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FOR SALE

Banks

2714 S 300 W, Salt Lake City, UT 84115

3,038 SF 0.82 ac lot Built 1984

Individually Owned 4-yr Hold ~ Est. High Equity

Property ID

US86-0652023

$2,150,000 3,038 SF

2714 S 300 W, Salt Lake City, UT 84115
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This exceptional 3,250-square-foot retail property in South Salt Lake, Utah, is available for $2,250,000, offering a 5.00% cap rate. Situated on a highly visible, signalized corner lot spanning 0.82 acres, this vacant building presents a unique opportunity for owner-occupancy or investment. Previously occupied by US Bank, the versatile space is suitable for a variety of uses, including restaurants, quick-service establishments, other banking institutions, or general retail. The property boasts a convenient drive-through and benefits from its location on 300 West, a rapidly developing area with significant ongoing construction and redevelopment. Its proximity to I-80 and I-15 provides easy access to downtown Salt Lake City, the new Salt Lake City International Airport, and nearby ski resorts (approximately 45 minutes away). The area's strong demographics include numerous newly constructed multi-family residences and diverse mixed-use businesses, ensuring a robust customer base. The substantial lot size offers ample space for expansion or future development. This is an ideal opportunity to acquire a high-visibility property in a thriving location with excellent potential for growth and return on investment. The property is located at 2714 S 300 W, South Salt Lake, UT 84115.