3540 State St South Salt Lake, UT 84115-4727
- Drive through restaurants
- 17,812 SF
- 0.92 lot acres
May 09, 2024
Current Use by Public Records
- Isalis / Jewelry Store / Gift Shop
- Party City / Party Store / Balloon Store
- Skunk Funk / Wholesaler / Clothing Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 3540 State St
- Year built
- 1974
- Construction
- WOOD FRAME
- Lot size
- 0.92 lot acres
- Property size
- 17,812 SF
- Zone code
- CC
- Property type
- Drive through restaurants
- APN
- 16-31-151-070
- APU
- 1631151070
Description
This exceptional 17,612 square foot, two-story retail and restaurant space at 3540 South State Street in South Salt Lake, Utah, presents a unique investment opportunity. Currently undergoing a complete renovation, the property boasts a new roof, exterior, windows, entry doors, a new metal pan, and a poured concrete floor. The building, classified as Class C, was constructed in 1974 and features an elevator servicing both floors, a significant advantage for accessibility and multi-level operations. The 1.26-acre lot provides ample space, and the 13,000 square feet of vacant space is ready for immediate occupancy. The owner will deliver the space in a warm shell condition, allowing for tenant improvements to be negotiated to suit specific business needs. Potential uses are diverse, including a restaurant on the upper floor and an event center or club with bar and restrooms on the lower level. Located in Salt Lake County, with a convenient zip code of 84115, this property offers high visibility and accessibility in a thriving area. This single-tenant space is perfect for a business seeking a prominent location with significant square footage and the benefit of a recently completed renovation. Don't miss this chance to secure a prime retail or restaurant location in a rapidly developing area.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $795,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,341,000
Market price range: $1.34M - $3.44M
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Location Insight
- Map
- Local Demand
- City
- South Salt Lake
- County
- Salt Lake
- State
- Utah
- Longitude
- -111.889
- Latitude
- 40.6944
- CBSA code
- 41620
- CBSA name
- SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA