307 E 300 S, Salt Lake City, UT 84111

Property Description

Prime downtown corner redevelopment opportunity at 300 South and 300 East in the heart of Salt Lake City. This 0.63-acre corner lot sits in the most walkable part of downtown, near the TRAX line and a short walk to City Creek Center. The site has an operating self-serve car wash and a brick building leased to two businesses, providing income during planning and entitlement. The building is not on the historic register, giving a clear path to redevelopment. Zoned MU-8, the site allows buildings up to 90 feet, ideal for a mid-rise or high-rise mixed-use project with residential, office, hospitality, or ground-floor retail. The site is in Salt Lake City's Transit Context with no parking minimums, so developers can size parking to market demand, not code, maximizing rentable space and lowering construction costs. Corner lots with this combination of zoning, height, and walkability are increasingly rare. Best suited for developers and investors focused on highest and best use. Contact the listing agent for zoning details, tenant information, and to schedule a tour.