845 E 400 S, Salt Lake City

$499,000

0 Beds
0 Baths
0 Sqft
.08 Acres
0 Garages

This is an incredibly rare east side mixed use property on 400 South. Being zoned TSA-UN-T, allows for a mix of commercial and residential. Sits directly across from the 900 E Trax stop and is situated a few blocks west of the UofU. Incredible traffic count of 27,000 (according to udot) with increased exposure from the commuters on the Trax University line. Due to the long standing history with the existing business, rental income is way below market value at $1,420 per month, but certainly should be much higher. The property has 2 parking stalls, along with on street parking and ample monthly paid parking across the street. The building maintains many of its historic features. Has four bedrooms, one bath, large den, two flex spaces and a very large second floor area that's ideal for a conference room or larger gatherings. Perfect space for a salon, multi unit housing, offices or retail. Approximate square footage with the inclusion of the unfinished basement is 2300 SF (buyer to verify). Current business has a flexible lease. Inquire for details.

Essential Information
MLS® #1639901
Price$499,000
Acres0.08
Year Built1903
TypeCommercial
Sub-TypeRetail, Office
StatusActive
Community Information
Address845 E 400 S
AreaSalt Lake City; So. Salt Lake
CitySalt Lake City
CountySalt Lake
StateUT
Zip Code84102
Additional Information
Date ListedOctober 24th, 2019
Days on Market156
Listing Details
OfficeLatitude 40 Properties
Property History
Price Reduced from $538,900 to $499,000
Price Reduced from $538,999 to $538,900
Price Reduced from $539,000 to $538,999
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Listing information last updated on March 28th, 2020 at 11:05am MDT.