268 W 400 S - Medical FOR SALE


Salt Lake City, UT 84101
$2,975,000 USD
801-947-8300
268 W 400 S, Salt Lake City, UT for Sale
$2,975,000 USD
Medical - FOR SALE
1/14
null | Request Cap Rate

268 W 400 S
Salt Lake City, UT 84101


HIGHLIGHTS

  • 268 W 400 S offers a turnkey office with a full build-out as a dental practice and a prime location near the heart of Downtown Salt Lake City.
  • Located within a qualified Opportunity Zone, providing valuable potential capital gains tax incentives.
  • Growing 3-mile population of more than 150,000 contributed over $1.9 billion in consumer spending during 2023.

OVERVIEW

High profile building available for purchase with upscale improvements and featuring rare, secure onsite parking - located downtown Salt Lake City on the 400 South arterial. Located with immediate access to numerous downtown amenities and services, this building offers a strategic location with enhanced improvements and infrastructure. Configured as a fully functional dental practice and professional services facility, with valuable improvements and infrastructure. Qualified Opportunity Zone (QOZ) with unique tax and ownership business. Close proximity of all landmark downtown locations including the Delta Center, Salt Palace, Abravanel Hall, City Creek, Gateway and Temple Square, this location with its ideal access to I-15 is poised to appreciate in value, as it is priced well below replacement cost. With downtown Salt Lake City evolving with unprecedented residential construction (including Utah’s tallest building within 3 minutes of the building) and a renaissance featuring a new sports/entertainment/arts district coupled with the anticipated completion of the newly redeveloped Temple Square, the timing is and pricing of this unique professional building is advantageous.

FOR SALE DETAILS

PRICE

$2,975,000 USD

PRICE/SF

$199 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Dream Dental Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

D-2

APN/PARCEL ID

15-01-402-010-0000,15-01-402-011-0000

ASK ABOUT THIS PROPERTY

Brandon FugalColliersMore Info
801-947-8300

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Brandon FugalColliersMore Info
801-947-8300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.