1 N/A, Salt Lake City, UT 84111
$1,800,000
Est. payment /mo
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0.35 Acres Lot
Active

1 N/A Salt Lake City, UT 84111

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Troy Moultrie

Troy Moultrie

+1(435) 327-5545

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2142164

Construction Status Blt./Standing

HOA Y/N No

Year Built 1995

Annual Tax Amount $20,000

Lot Size 0.350 Acres

Acres 0.35

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Retail

Property Description

A rare and exceptional opportunity to acquire a well-established, full-service restaurant in a prime downtown location with high visibility and ample parking. With 40 years of continuous operation, this business has built a strong reputation, a loyal customer base, and a proven track record of consistent revenue. The property offers 4,400 SF of dedicated restaurant space complemented by an additional 2,200 SF of office and storage - totaling 6,600 SF. The fully equipped commercial kitchen includes a hood and ventilation system, grease trap, walk-in cooler & freezer, and all equipment necessary for immediate, turnkey operation from day one. A wine and beer license is currently in place, with the ability to upgrade to a full restaurant liquor license, opening the door to expanded beverage revenue and enhanced dining experiences. The seller owns the underlying real estate and is prepared to offer a long-term lease with favorable terms, providing the new owner with long-term stability and predictable occupancy costs. This is an ideal opportunity for an experienced restaurateur looking to expand their portfolio, a first-time buyer ready to step into a turnover-ready concept, or an entrepreneur with a new vision looking for the perfect space and infrastructure already in place. Detailed financials, a complete FF&E list, and full business disclosure will be made available upon execution of a Non-Disclosure Agreement.

Location

State UT

County Salt Lake

Area Salt Lake City; So. Salt Lake

Interior

Fireplace No

Exterior

View Y/N No

Present Use Retail

Private Pool No

Building

New Construction No

Construction Status Blt./Standing

Others

Senior Community No

Tax ID 16-06-253-051

Listed by Internet Properties Property Management
Troy Moultrie
Troy Moultrie

Associate Broker | Luxury & Divorce Real Estate Specialist | License ID: 11195148-AB00

+1(435) 327-5545 | [email protected]

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