20
See all 20 photos
$1,095,000
Est. payment /mo
0.4 Acres Lot
Price Dropped by $30K
7450 S STATE ST Midvale, UT 84047
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Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2137754
Construction Status Blt./Standing
HOA Y/N No
Year Built 1937
Annual Tax Amount $9,300
Lot Size 0.400 Acres
Acres 0.4
Lot Dimensions 61.0x317.0x61.0
Property Sub-Type Industrial
Property Description
PRIME DEVELOPMENT OPPORTUNITY- 0.40 Acre on State Street. Rare opportunity to acquire a 0.40 acre parcel with significant redevelopment potential in a high-visibility location on State Street. Located adjacent to an active townhome development, this property offers strong potential for multi-unit residential construction (estimated 10-12 units, buyer to verify). The site includes an existing retail building with excellent frontage, signage, and access, providing immediate income or owner-user flexibility. This is an ideal opportunity for: -Developers seeking expansion in a growing corridor-Investors looking for covered land plays with upside - Owner-users wanting a high-visibility location with future development potential. Seller is open to reviewing all serious offers. Additionally, seller is open to a long-term leaseback (10 + years), offering immediate occupancy income for investors. buyer to verify all information.
Location
State UT
County Salt Lake
Area Murray; Taylorsvl; Midvale
Interior
Fireplace No
Exterior
View Y/N No
Present Use Industrial
Private Pool No
Building
Faces East
New Construction No
Construction Status Blt./Standing
Others
Senior Community No
Tax ID 22-30-301-016
Listed by Axis Realty Group
Troy Moultrie
Associate Broker | Luxury & Divorce Real Estate Specialist | License ID: 11195148-AB00