3364 S 2300 E

Salt Lake City, UT

Property Type: Retail

Property Features

  • Price: $2,500,000
  • Total Lot Size: 0.57. AC
  • Building Size: 8,271 SF
  • Year Built: 1970

Property Description

Peak Collective Real Estate with KW Commercial is pleased to present a leased multi-tenant retail investment property in Salt Lake City. Three buildings with a combined 8,271 SF of space. Tenants have excellent leasing histories and a combined NOI of $102,820. Building #1 has 3,297 SF and is currently occupied by Provisions, building #2 is occupied as a banquet hall, and building #3 is a retail space on the main floor (occupied by Sister Slice Bakery) and a residential space upstairs. Value-Add opportunity with rents well below market rates. The neighboring property has an encroachment that provides $1,000 in yearly revenue (included in NOI). Seller financing is available at a 6% interest rate, with $500,000 down, 20-year amortization, and 5-year balloon payment. For more information on the seller financing terms contact Kody Watts. Ideal location near major retail brands. High traffic counts on 3300 S and 2300 E.

Yellow Building
Tour Link: https://my.matterport.com/show/?m=CiKJStg6z51

Residential Unit
Tour Link: https://my.matterport.com/show/?m=Lankn5u4iQZ

Provisions Restaurant
Tour Link: https://my.matterport.com/show/?m=ri2FkCsg28j

Provisions Restaurant – The Cabin
Tour Link: https://my.matterport.com/show/?m=pxgTWkuKfWY

List Price: $2,500,000
Address: 3364 S 2300 E, Salt Lake City, UT
Courtesy of Kody Watts at KW Commercial

Kody Watts

Co-Owner and Co-Founder


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