Office Space - For Sale
48 West 300 South Salt Lake City, UT 84101
Details & Description
Price: $13,500,000
  • Property Type Office for Sale : Professional
  • Lot Size Acres 0.000
  • Building Sq Ft 53,285
  • Building Price per Sq Ft $272.12
- Building Size: 53,285 RSF- Zoning: D-1 (Central Business District) - Year Built: 1990 with Newly Remodeled Common Areas and Lobby- Occupancy: 62%- 51% Potentially Available for Owner User- Excellent Views of Downtown- Walking Distance to TRAX Station• Perfect opportunity for office owner-user or investment in downtown Salt Lake City• The option to purchase an office building in downtown Salt Lake City is rare due to scarce inventory• Immediate freeway access to I-80 and I-15 via 500 South and 600 South• Strong demographics with average annual household income of $87,122 and population of 240,698 within a 5 mile radius• Secured underground parking available *• High quality finishes and design maintained throughout• Seller Financing Available – Contact Agent for Details• Purchase Price Reduced: $13,500,000.00- 2,000 RSF - 10,825 RSF Office Available- Newly Remodeled Common Areas & Lobby- Covered On Site Parking Available *- Excellent Views of Downtown- Walking Distance to TRAX Station- Easy Access to I-15Lease Rate: $25.00/SF Full Service48 West Broadway (300 South), Salt Lake City, Utah 84101For more information on this property, please contact Derek Klopfer and Colter Smith at 801.617.1700 or by email at derek.klopfer@crcnationwide.com, colter.smith@crcnationwide.com. Derek and Colter are licensed real estate agents in the state of Utah and are affiliated with cRc Nationwide Real Estate Brokerage.
Property Highlights
 American Towers Multi-Tenant Office Investment
 American Towers Multi-Tenant Office Investment
Listing Agents
Derek Klopfer

O: 801-617-1705
derek.klopfer@crcnationwide.com
Colter Smith
cRc Nationwide
O: 801-617-1700
colter.smith@crcnationwide.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

48 West 300 South

Salt Lake City, UT 84101

Listing ID: 296659
$13,500,000
For Sale
  • Property Type Office for Sale : Professional
  • Lot Size Acres 0.000
  • Building Sq Ft 53,285
  • Building Price per Sq Ft $272.12
48 West 300 South Salt Lake City, UT 84101 | for Sale | Photo 1
Property Highlights
 American Towers Multi-Tenant Office Investment
Description

- Building Size: 53,285 RSF

- Zoning: D-1 (Central Business District)

- Year Built: 1990 with Newly Remodeled Common Areas and Lobby

- Occupancy: 62%

- 51% Potentially Available for Owner User

- Excellent Views of Downtown

- Walking Distance to TRAX Station

• Perfect opportunity for office owner-user or investment in downtown Salt Lake City

• The option to purchase an office building in downtown Salt Lake City is rare due to scarce inventory

• Immediate freeway access to I-80 and I-15 via 500 South and 600 South

• Strong demographics with average annual household income of $87,122 and population of 240,698 within a 5 mile radius

• Secured underground parking available *

• High quality finishes and design maintained throughout

• Seller Financing Available – Contact Agent for Details

• Purchase Price Reduced: $13,500,000.00

- 2,000 RSF - 10,825 RSF Office Available

- Newly Remodeled Common Areas & Lobby

- Covered On Site Parking Available *

- Excellent Views of Downtown

- Walking Distance to TRAX Station

- Easy Access to I-15

Lease Rate: $25.00/SF Full Service

48 West Broadway (300 South), Salt Lake City, Utah 84101

For more information on this property, please contact Derek Klopfer and Colter Smith at 801.617.1700 or by email at derek.klopfer@crcnationwide.com, colter.smith@crcnationwide.com. Derek and Colter are licensed real estate agents in the state of Utah and are affiliated with cRc Nationwide Real Estate Brokerage.

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Salt Lake City History of Office Space for Sale

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Salt Lake City Area Market Trends

Listing Demographics for 48 West 300 South Salt Lake City, UT 84101

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population19,966140,109238,636
Population Median Age403635
Population by Age0-9 Yrs870 (4%)14615 (10%)29011 (12%)
10-19 Yrs830 (4%)14503 (10%)26656 (11%)
20-29 Yrs6385 (31%)34830 (24%)53500 (22%)
30-39 Yrs3707 (18%)24766 (17%)41325 (17%)
40-49 Yrs2153 (10%)15888 (11%)27495 (11%)
50-59 Yrs1715 (8%)13617 (9%)23346 (9%)
60-69 Yrs2104 (10%)12273 (8%)20521 (8%)
70+ Yrs2201 (11%)9617 (6%)16781 (7%)
Median HH Income$50,059$55,957$61,682
Total Household Income< 24K3521 (29%)13784 (22%)18955 (19%)
25-49K2506 (20%)13752 (22%)20737 (21%)
50-74K1992 (16%)10667 (17%)17107 (17%)
75-99K1266 (10%)7261 (12%)12167 (12%)
100-199K2344 (19%)11096 (18%)19515 (20%)
200K+435 (3%)3656 (6%)7283 (7%)
Highest Education LevelNo Diploma6291117317371
Diploma or GED23241671728689
Some College32531795429594
Assoc. Degree1196612911031
Bachelors Degree50992456041151
Higher Degree32601815130801
Total Housing Units14,04665,248103,112
--Owner-Occupied2,48225,01445,847
--Renter-Occupied9,58235,20149,917
Owner-Occupied Values< 100K3212961920
100-199K35346507253
200-299K763652511148
300-399K56645758472
400-499K27629796314
500K+492498910740
Total Working Age Population18,821117,610194,398
In Work Force13,00585,805140,516
Not In Work Force5,81631,80553,882
Workforce Employed12,57382,413135,002
Workforce Unemployed4063,3025,395
Civlian Workforce12,97985,715140,397
Military Workforce2691120
Total Households12,06460,21595,764
Family Households2,85426,02348,537
Non-Family Households9,21034,19247,227
Married Couple2,13219,25736,040
Other Family7226,76612,497
Married w/Child4407,13414,675
Single Male w/Child1181,1482,027
Single Female w/Child1592,1194,111

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Utah2,233,169+242,763,885+203,325,425+173,889,310
Davis County238,994+28306,479+19364,813+11406,046
Salt Lake County898,387+151,029,655+151,181,471+111,306,414

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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Closest Commercial Airports
Airport Distance (mi)
Salt Lake City International Airport (SLC) 5
Boise Air Terminal/Gowen Field (BOI) 294
McCarran International Airport (LAS) 368
Listing Agent
Listing Co-Agent
Derek Klopfer - CRE Agent at cRc Nationwide

Colter Smith

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