857 Main St, Salt Lake City, UT 84111-4106

This exceptional investment opportunity presents a thriving, established regional brewery in Salt Lake City, Utah. The property, located at 857 S Main St, encompasses two buildings totaling 16,550 square feet on a 0.47-acre lot. The main building, constructed in 2015 and extensively renovated in 2020 with a 7,000 square foot addition, houses a brewery, retail space, event areas, and office facilities. An adjacent building at 865 S Main St (Proper Burger) is also included in the sale. The property boasts a strong financial performance, with a Net Operating Income (NOI) of $433,832 and a 7.00% capitalization rate. The asking price is $6,200,000, translating to $374.62 per square foot. The property is offered as a sale-leaseback, with the seller willing to lease back the entire site, providing a secure and consistent income stream for the buyer. This presents a rare chance to acquire a well-established, high-performing commercial property with significant upside potential in a desirable Salt Lake City location. The property features a Triple Net (NNN) lease structure, minimizing landlord responsibilities. The two-story buildings offer a versatile layout, catering to both production and customer-facing operations. This is an ideal investment for those seeking a stable, high-yield asset with a built-in tenant and significant growth potential.