372 E 100 S, Salt Lake City, UT 84111

$4,500,000

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List Price
$4,500,000
Status
ACTIVE
MLS#
2182844
Days on Market
1
Year Built
1937
Parcel Number
16-06-205-008
Acres
0.46
County
Salt Lake
Region
Salt Lake City; So. Salt Lake
Subdivision
Plat B Slc Sur

Property Description

A rare opportunity to acquire a beautiful, well maintained and highly versatile property in the heart of Salt Lake City. Located at 372 E 100 S, this distinctive property features approximately 13,300 square feet in the main building, including an apartment on the top level, plus a separate approximately 2,500 square foot building on the site. The property also offers 17+ parking stalls plus a horseshoe driveway, providing excellent circulation and convenient access for guests, customers, tenants, or events. The existing building offers exceptional character, scale, and flexibility, making it an ideal candidate for a variety of uses. Its attractive architecture and substantial interior space could be well suited for an event center, wedding venue, medical offices, professional offices, boutique hospitality concept, wellness facility, studio, gallery, or other specialized commercial use. The combination of a beautiful existing structure, generous square footage, dedicated parking, private drop off access, and a top level apartment creates a unique opportunity that is increasingly difficult to find in Salt Lake City's urban core. The property is ideally situated in Salt Lake City's Central City area, approximately 1.5 miles from the University of Utah and less than one mile from Downtown Salt Lake City. Its location provides convenient access to downtown employment centers, restaurants, entertainment, cultural attractions, the University of Utah, and surrounding residential neighborhoods. The area continues to benefit from significant urban growth and investment, providing both immediate appeal for an owner-user or operator and strong long-term potential for the property. The property is also a great development site for multifamily, office, retail, hospitality, or student housing. The MU-8 zoning allows these uses by right and permits a maximum building height of 85 feet, providing substantial future flexibility and development potential. Whether envisioned as a distinctive event or wedding venue, a professional or medical office, a boutique hospitality property, or an investment with significant future development potential, 372 E 100 S offers a compelling combination of an exceptional existing building, valuable site characteristics, and a premier Salt Lake City location. DO NOT DISTURB - TENANT UNAWARE OF SALE. All showings and property inquiries must be coordinated through the listing representative. Buyer to independently verify all measurements, zoning, permitted uses, development standards, and other property information.

Additional Information

Taxes
$22,611

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Listing courtesy of Windermere Real Estate.

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