567 300th W, Salt Lake City, UT 84101-2503
This exceptional 8,084-square-foot creative office space is ideally situated in Salt Lake City's downtown periphery at 567 W 300 N, zip code 84116, within Salt Lake County, Utah. Priced at $3,000,000, this Class B building offers a unique blend of functionality and character. The property sits on a 0.41-acre lot and boasts a striking feature: a former gymnasium with approximately 20-foot-high ceilings, providing an expansive and inspiring workspace. Beyond the gymnasium, the layout includes well-appointed conference rooms, adaptable open work areas perfect for collaborative projects, and a convenient kitchenette. Ample off-street parking is available, addressing a common concern in urban settings. This freestanding building presents a rare opportunity to acquire a substantial and versatile creative office space in a highly desirable location. The asking price per square foot is $371.10. The property is available for immediate occupancy. This is an excellent investment opportunity for businesses seeking a unique and functional space in a vibrant urban environment. The property's location offers easy access to downtown Salt Lake City's amenities and attractions.
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Magnum Bikes Inc Big Box & Wholesale Store Cycling Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
D-2 · Salt Lake City, UTSalt Lake City. Always verify with local authorities before improvements.
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.