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MLS® ID: 1562759

156 800

Salt Lake City, Utah, 84104

$1,500,000 Under Contract
  • - Beds
  • - SQFT
Incredible .78 acres offered for sale. This is a rare development opportunity in fast-growing downtown Salt Lake City. Build an apartment complex, townhome community, or other multifamily investment options. Adjacent to is an additional .28 acres of land for sale through the city. Unique benefits of this land are as follows: Zoned TSA -Flexible use, transit-oriented zone -Minimal parking requirements - Up to 6 stories (60 ft) with bonus - Potential for 100% over-the-counter permitting - Incredible views (for sufficiently high floors) - Downtown skyline & foothills to the East - Great Salt Lake to the West - Located within 3 blocks of 2 transit lines and 1 commuter rail line ex. Green Line, Blue Line and Front Runner - Located on the border of the new Depot District - Year-round farmer's market to open - New shopping and entertainment opportunities - Also near the Gateway entertainment district - Homeless shelter to close within 1 year - Located within an 'Economic Opportunity Zone' with preferential tax treatment - Rollover investments from any asset - No capital gains after 10 years of holding - Premier businesses neighbors - Sugar Space Arts Warehouse - Red Iguana 2 - Mestizo Coffee -Chunga's - North Temple Business District Eligible for SLC Affordable Housing program (with 20% affordable units) - No impact fees - No inspection fees - No permit fees - 1 block from Folsom Corridor Urban Trail & River Daylighting project - Under development from SLC -Creates urban pedestrian trail between Jordan River and downtown SLC. Following Parcel numbers: 15-02-232-021, 15- 02-232-022, 15-02-232-031, 15-02-232-035, 15-02-232-036, 15-02-232-037
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Listing courtesy of KW Utah Realtors Keller Williams

Amenities

  • Full baths
    0
  • Zip
    84104
  • Office name
    KW Utah Realtors Keller Williams
  • Bedrooms
    -
  • Property type
    Residential, Commercial, Other
  • School district
    Salt Lake
  • Elementary school
    Jackson
  • Junior high
    Bryant
  • High school
    West
  • Agent name
    Sawyer Carpenter
  • Tax amount
    $ 148.0
  • Purchase Type
    Under Contract
  • Price Range
    $1.25m-$1.5m
  • Office ID
    68151
  • Agent ID
    93055

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