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Property profile & analytics
OFF-MARKET Estimated value $2,590,000
Banks

79 Main St Salt Lake City, UT 84111-1929

70,420 SF 0.14 ac lot Built 1919
Entity Owned 17-yr Hold Free & Clear
Property ID
US86-0410407
Property summary
AI-generated overview

This iconic 14-story, Class A office building, located at 79 S Main St, Salt Lake City, UT 84111, offers 63,461 square feet of executive office space. Originally built in 1919 and extensively renovated in 2022, the building boasts a prime location in the heart of Salt Lake City's Central Business District, directly adjacent to City Creek Center. Tenants enjoy convenient access to covered parking, the City Creek Center's unique amenities (including a retractable glass roof, food court, creek, and pedestrian sky bridge), and over 100 national stores and restaurants. Multiple tenancies are available, with a minimum divisible space of 3,941 square feet and a maximum contiguous space of 4,326 square feet. Currently, 41,818 square feet is vacant. The building features elevators. This is a rare opportunity to lease space in a historically significant, beautifully restored building in an unparalleled downtown location. The property's central location provides easy access to major transportation routes and other key city amenities. This is an exceptional opportunity for businesses seeking a prestigious and convenient address in the heart of Salt Lake City.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1919
Construction STEEL FRAME
Total area 70,420 SF
Lot 0.14 ac (6,098 SF)
Zoning code D1
APN 16-06-101-027
UPID US86-0410407
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Farmland Reserve Corporate Office Financial Advisor
  • George S. and Dolores Doré Eccles Foundation Charitable Organization
  • Cache Valley Bank Salt Lake City Branch Bank Credit Union
  • Wells Fargo Advisors Financial Advisor
  • Lake Park Corporate Centre Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.59M
Owner & transaction history
City Creek Reserve INC · 17 yrs held
City Creek Reserve INC
since 2009
5 recorded transactions
2024
Price N/A
2024
Price N/A
2009
Price N/A
2007
Price N/A
2002
Price N/A
Zoning & alternative use
D1 · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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