56 W Oakland Ave - Office/Residential FOR SALE


South Salt Lake, UT 84115
$1,399,004 USD
801-856-4663
56 W Oakland Ave, South Salt Lake, UT for Sale
$1,399,004 USD
Office/Residential - FOR SALE
1/6
null | Request Cap Rate

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56 W Oakland Ave
South Salt Lake, UT 84115


OVERVIEW

Welcome to 56 Oakland Ave, South Salt Lake This multi-purpose compound is an ideal owner-occupied business/residence with an investment rental element. Oakland Ave is a quiet street in the Transit Oriented Development (TOD) Zone (call agent for permitted use) with incredible freeway access and a convenient locale to all corners of Salt Lake County. The .43-acre lot has 3 distinct units that the owner can rent or occupy. 62 West: duplex built in 2008 (remodeled in 2023 with high-end finishes) has 1664 sqft, 3 bedrooms, 2 bathrooms. The upper unit: 1300 sqft, 2 bedrooms, and 1 bathroom.There is great outdoor living space and is fully fenced. The original home, 56 West, was renovated in 2008 (new HVAC installed in 2024) and has 800 sqft, 2 bedrooms, and 1 bathroom. It's fully fenced and has private parking. The 923 sqft oversized garage has high ceilings, is fully heated, and has a half bath, mezzanine, and attic storage that can be an expanded workspace. The paved parking has 11 dedicated spots with proper drainage in place. This site can be used for multiple business types with the flexibility to use more or less of the space and have income on the rental elements. https://stevebrush.withwre.com/56-oakland

FOR SALE DETAILS

PRICE

$1,399,004 USD

PRICE/SF

$372 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

MIXED

APN/PARCEL ID

15-24-428-031-0000

ASK ABOUT THIS PROPERTY

Steve BrushWindermere Real Estate-UtahMore Info
801-856-4663

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Steve BrushWindermere Real Estate-UtahMore Info
801-856-4663

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