Office Space
48 West 300 South Salt Lake City, UT 84101
Details & Description
Price: $13,500,000
    - 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
    48 West 300 South Salt Lake City, UT 84101 | for Sale | Photo 1
    Building Size: 53,285 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $272.12
    Land $/SF:
    Price
    $13,500,000
    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.

    Common Questions and Answers

    What is the asking price for 48 West 300 South in Salt Lake City?
    The asking price for 48 West 300 South is $13,500,000
    What is the building size of this Office property in Salt Lake City, UT?
    The size of the building/unit at 48 West 300 South in Salt Lake City is 53,285 square feet
    What kind of Office is the propery at 48 West 300 South?
    The property at 48 West 300 South Salt Lake City, UT 84101 is listed as a Professional Office property
    What is the population within 1 mile of 48 West 300 South in Salt Lake City?
    The population within 1 mile of 48 West 300 South Salt Lake City, UT 84101 is 19,966 people.
    Who do I contact for questions about 48 West 300 South?
    You should contact the listing agent, Derek Klopfer, for any details regarding this commercial listing.

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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
    Price
    $13,500,000
    Listing Agent
    Listing Co-Agent
    Derek Klopfer - CRE Agent at cRc Nationwide

    Colter Smith

    Independent Agent
    More listings from Derek Klopfer
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