445 N 700 W ##104, North Salt Lake, UT 84054
445 N 700 W ##104, North Salt Lake, UT 84054
445 N 700 W ##104, North Salt Lake, UT 84054
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$1,100,000
Est. payment /mo
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435 Sqft Lot
Active

445 N 700 W ##104 North Salt Lake, UT 84054

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Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2173342

Construction Status Blt./Standing

HOA Y/N No

Year Built 2007

Annual Tax Amount $2,614

Lot Size 435 Sqft

Acres 0.01

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Industrial

Property Description

Prime Commercial Investment Opportunity | Single-Tenant Property Overview: An exceptional turn-key investment opportunity featuring a spacious ~5,158 SF commercial property spread over two floors. Currently functioning as an established dance studio, this property offers stable income, a high-quality tenant commitment, and minimal management overhead. Key Investment Highlights Strong Financials: Offered at an approximate 5.5% CAP Rate. Long-Term Stability: Occupied by a proven, long-term tenant who has recently signed a new 5-year lease renewal. Tenant Commitment: The tenant is actively investing in additional space improvements, demonstrating strong long-term operational commitment to the location. Low-Maintenance Ownership: Minimal landlord responsibilities, making this an ideal hands-off asset for both seasoned and entry-level investors. Functional Layout: ~5,158 SF optimized across two flexible floors, tailored for dance/fitness/studio operations with great long-term adaptability.

Location

State UT

County Davis

Area Bntfl; Nsl; Cntrvl; Wdx; Frmtn

Zoning Industrial

Interior

Interior Features Kitchen, Refrigerator, Restroom: Public

Cooling Central Air

Flooring Laminate, Tile, Bamboo

Inclusions Fixtures

Fireplace No

Window Features Part

Exterior

Exterior Feature Paved Parking, Storage

Utilities Available 120/240 V 1 Phase

View Y/N No

Roof Type Rubber

Present Use Industrial,Office

Handicap Access Accessible Entrance, Accessible Full Bath

Private Pool No

Building

Faces East

New Construction No

Construction Status Blt./Standing

Others

Senior Community No

Tax ID 01-422-0104

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by Berkshire Hathaway HomeServices Utah Properties (North Salt Lake)
Troy Moultrie
Troy Moultrie

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

+1(435) 264-1444 | [email protected]

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445 N 700 W ##104