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    Property profile & analytics

    315 Main St Salt Lake City, UT 84111-2702

    • Bars
    • 2,412 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    $380,000
    Location Intelligence
    Property ID
    US86-0389748
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Cheers 2 U / Karaoke Bar / Sports Bar

    Property Details for 315 Main St

    Year built
    1917
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.06 lot acres
    Property size
    2,412 SF
    Zone code
    DI
    Property type
    Bars
    Property subtype
    Pubs
    APN
    16-06-153-002
    APU
    1606153002

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.891
    Latitude
    40.7623
    CBSA code
    41620
    CBSA name
    SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $3,906
    $250,600
    $120,100
    $370,700
    -
    $250,600
    $120,100
    $370,700

    Comparable in this City

    • Value Estimation by Request
      193,500 SF

      251 Floral St

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      837 Main St

      BAR, TAVERN • 2,765 SF
      837 Main St, Salt Lake City, UT 84111-4106
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      1030 State St

      BAR, TAVERN • 4,367 SF
      1030 State St, Salt Lake City, UT 84111-4513
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      919 State St

      BAR, TAVERN • 6,466 SF
      919 State St, Salt Lake City, UT 84111-4218
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      $355,000
      6,178 SF

      323 Main St

      BAR, TAVERN • 6,178 SF
      323 Main St, Salt Lake City, UT 84111-2702
      View Details
    • Value Estimation
      $395,000
      4,998 SF

      666 State St

      BAR, TAVERN • 4,998 SF
      666 State St, Salt Lake City, UT 84111-3820
      View Details

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      Downtown Office/Retail Building For Sale

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      Historic Main Street Retail Space

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      Downtown Salt Lake City Dealership

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    Similar Nearby for Lease

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      Freestanding Retail Building For Lease

      Freestanding retail building in downtown Salt Lake City available for lease.
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      Downtown Retail Space For Lease

      Prime downtown location with high foot traffic and flexible floorplans.
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      Regent Street Retail Spaces

      Prime Salt Lake City retail spaces available.
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      Downtown Salt Lake Restaurant Space

      Restaurant space in downtown Salt Lake City near amenities.
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      Historic Space with Unique Features

      Unique space for office, retail, restaurant, or bar use.
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      Downtown Retail Space For Rent

      Retail space ideal for restaurant/bar in historic downtown building.
      163 S Main St, Salt Lake City, UT 84111
      View Details

    Property Visit Statistics

    • Visits by month
      1.7k
    • Visitors by month
      2.0k
    • Avg Time on site
      83 min
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    315 Main St
    Salt Lake City, UT 84111-2702
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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