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31176189
31176190

470 S 900 E, Salt Lake City, UT 84102

LP
UT UT 5594649-SA00
Newmark Mountain West
JO
UT UT 8101577-SA00, UT
Newmark Mountain West
Listed by Newmark Mountain West
$3,629,527
78 days on market
Updated 8 days ago

Moosejaw STNL/Owner-User Investment

Details
APN S16053310310000.00
Property Type Office, Retail (+1)
Sub Type Bank, QSR/Fast Food (+1)
Square Footage 9,047
Cap Rate 5.5%
NOI $199,624
Occupancy 100%
Tenancy Single
Price per SqFt $401
Year Built 1941
Year Renovated 2019
Buildings 1
Stories 2
Acreage 0.340
Zoning C-2
Investment Type Owner/User
Occupancy Date 03/20/2026
Ceiling Height 23

Moosejaw STNL/Owner-User Investment

Marketing description

BUILDING SPECS

470 S 900 E is a distinctive commercial asset located in the heart of Salt Lake City. Originally constructed in 1941 and thoughtfully renovated in 2019, the ±9,047 square foot building features approximately 6,107 square feet on the main level and 2,940 square feet on the mezzanine. The structure showcases dramatic barrel-vaulted ceilings, exposed brick, and steel elements, creating a highly attractive environment for retail, office, or experiential users seeking character-rich space.

FORMER TENANT: MOOSEJAW

Moosejaw no longer occupies the building but is still paying rent through February 2028. Future opportunities for investors to allow single or subdivied tenancy.

FLEXIBLE ZONING & ADAPTIVE REUSE POTENTIAL

The property’s C-2 zoning supports a broad range of commercial uses, including retail, restaurant, creative office, brewery/distillery, and specialty service concepts. The building’s open floor plan, high ceilings (approximately 23 feet), and architectural character provide flexibility for single-tenant occupancy or a curated multi-tenant configuration. Its unique design lends itself well to experiential and brand-driven operators.

STRATEGIC LOCATION

The property is positioned along the 900 East corridor, just north of the highly desirable 9th & 9th district and in close proximity to both University of Utah and Trolley Square. This central location benefits from strong surrounding demographics, established neighborhood retail, and convenient access to major transportation routes. The area continues to experience sustained residential growth and increasing demand for well-located commercial space.

TRADE AREA GROWTH & ECONOMIC STRENGTH

The Salt Lake City trade area continues to experience steady population growth, rising household incomes, and sustained job creation. Proximity to major employment centers such as the University of Utah supports strong daytime population and consumer demand. Ongoing residential development and mixed-use investment in the surrounding neighborhoods further reinforce long-term stability and growth potential for well-located commercial assets.

Listing Contacts

LP
UT UT 5594649-SA00
Newmark Mountain West
JO
UT UT 8101577-SA00, UT
Newmark Mountain West
Listed by Newmark Mountain West

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$199,624.00
$16,635.33/mo

Valuation Metrics

0
DSCR
5.5%
Cap Rate
5.5%
ROI

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Additional Information

Name
Lance Pendleton
License
UT 5594649-SA00
Name
Jonathan Owens
License
UT 8101577-SA00
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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