2354 State St, Salt Lake City, UT 84115
31,500 SF | Industrial Building | Salt Lake City, UT 84115 | $8,000,000 ($254/SF)
For Sale
Active
Asking Price $8,000,000
- Property Type
-
Industrial
- Square Feet
- 1,000,031,500 SF
- Price / Square Foot
- $254
Listing Contacts
Michael King
JT Redd
Kip Paul
Property Overview
Cushman & Wakefield and Colliers International, as exclusive advisors, are pleased to present the opportunity to acquire 2354 South State Street (the “Property”), a 31,500 SF, two-building industrial asset located in South Salt Lake, Utah. Previously used by Strong Auto Group of Salt Lake, the Property will be sold vacant, making it an attractive option for owner-users, industrial investors, and developers seeking a potential covered-land play.
The Property is located in the heart of South Salt Lake’s Downtown Zone, planned to include transit-oriented development centered around the Central Pointe TRAX light rail and S-line stations. The downtown master plan calls for increased pedestrian access, multimodal transportation, and increased greenspace and foliage, assured to buoy the area. 2354 South State Street stands out with its strong location, desirable building configuration, attractive zoning, heightened by its position in a high-growth industrial market. The Property provides flexible optionality for use. Buyers may include traditional industrial investors, owner-users, or developers.
The Property is located in the heart of South Salt Lake’s Downtown Zone, planned to include transit-oriented development centered around the Central Pointe TRAX light rail and S-line stations. The downtown master plan calls for increased pedestrian access, multimodal transportation, and increased greenspace and foliage, assured to buoy the area. 2354 South State Street stands out with its strong location, desirable building configuration, attractive zoning, heightened by its position in a high-growth industrial market. The Property provides flexible optionality for use. Buyers may include traditional industrial investors, owner-users, or developers.
Property Details
- Class
- C
- Year Built
- 1963
- Stories
- 1
- Property Subtype
- Distribution
- Lot Size (sq. ft)
- 76,230 SF
Highlights
- One of the most in-demand asset classes in the market.
- This desirably-sized 31,500 SF opportunity is ideal for owner-users seeking a new home.
- Strategically located in South Salt Lake’s Downtown zone.
- Well-placed, flexible use asset in a high-growth industrial market.
All available spaces
- Space
- 1st Floor
- Size
- 1,000,031,500 SF
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