$2,750,000

231 S Edison E , Salt Lake City, UT 84111

 
Bedrooms:0 beds
Bathrooms:0 baths
Commercial Sale:0 sqft
Lot:0.01
Year Built:2024
Listing Status:Active

Listing Agent

Shad Selmos
http://www.kwsaltlake.com
Loan Amount:
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Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

*Property was sold to an excluded property to our listing agreement. Do not contact owner as we've been instructed to mark the property as withdrawn. Introducing a prime investment opportunity in the heart of downtown Salt Lake City! Nestled at 231-233 S Edison Street, this street retail property is part of the prestigious Warhol Lofts building, offering a seamless blend of commercial vibrancy and luxury living. Boasting a solid NNN lease, this property is a lucrative investment, generating $173,376.00 annually with 3% annual increases. The lease extends until November 30th, 2033, with the added benefit of four 5-year options to renew, ensuring long-term stability and profitability. Currently occupied by the esteemed Franklin Avenue Cocktails & Kitchen, known for its high-end cuisine and crafted cocktails, the tenant's guarantor brings a wealth of experience, owning multiple successful restaurants in downtown Salt Lake City. Whether you're seeking a reliable income stream or a strategic addition to your portfolio, this opportunity presents unmatched potential in one of Salt Lake City's most sought-after locations. Don't miss your chance to secure your stake in this thriving urban landscape!

Detailed Items

Other Information

231 S Edison E, Salt Lake City, UT, 84111 is a commercial sale listing of 0 sqft on a lot of 0.01. This commercial sale listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property231 S Edison E, Salt Lake City, UT
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