1496 S MAJOR ST Salt Lake City UT 84115-5333

MULTI-TENANT RETAIL INVESTMENT

Price: $2,500,000.00

-CAP Rate: 6.5%

-8,200 SF - 2 Buildings

.3 of an acre

-Off Street Parking

-7 Tenants

-Income:

$197,778.00 Gross

$163,193.00 Net

-Recently Renovated

-Zoning: Commercial Corridor

-Located Near SLCC and Ballpark

-Major Redevelopment Projects Nearby

A turnkey retail investment opportunity in Salt Lake City's thriving Ballpark neighborhood. This 8,200 SF multi-tenant property is 100% occupied with 7 established tenants — including a café, barbershop, tattoo studios, massage, and a lounge — generating $163,193 in annual NOI on gross rental income of nearly $198,000. Major capital improvements have already been completed, offering investors stabilized cash flow with minimal near-term capex concerns. Off-street parking, MU-11 zoning, and a walkable location minutes from Downtown SLC make this an attractive long-term hold in a neighborhood seeing continued residential and commercial growth.