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31561762
31561761

651 - 665 South State Street, Salt Lake City, UT 84111

JV
UT UT 5498417-SA00
Newmark Mountain West
JH
UT UT 8672190-SA00
Newmark Mountain West
Listed by Newmark Mountain West
$6,000,000
96 days on market
Updated 96 days ago

Schubach Property

Details
APN 16-07-102-001, 16-07-102-002 and 16-07-102-003
Property Type Land, Mixed Use (+1)
Sub Type Bar, Commercial (+1)
Square Footage 16,300
Price per SqFt $368
Class C
Year Built 1928
Year Renovated 2015
Buildings 3
Acreage 0.490
Zoning D-2
Investment Type Value Add

Land | 0.49 acres

Marketing description

Redevelopment & Owner/User Opportunity – 651-665 South State Street, Salt Lake City, Utah 84111 Positioned on highly visible State Street in the heart of Salt Lake City, this rare urban offering presents an exceptional opportunity for investors, developers, and owner/users alike. The 0.49-acre site includes approximately 16,300 square feet across two buildings (659 S State: 7,286 SF and 665 S State: 8,280 SF) with valuable frontage along one of the city’s busiest corridors. Zoned D-2 and located within a Qualified Census Tract (QCT) Zone, the property is well suited for redevelopment potential while also supporting immediate owner/user functionality. With traffic counts of approximately 37,067 ADT along State Street, the site offers outstanding visibility and exposure. As shown on page 2 of the flyer, the property is surrounded by major multifamily developments, urban amenities, and nearby TRAX transit access, reinforcing its appeal in one of Salt Lake City’s most active growth corridors. This is a compelling chance to secure a strategically located asset in a rapidly evolving downtown market.

Listing Contacts

JV
UT UT 5498417-SA00
Newmark Mountain West
JH
UT UT 8672190-SA00
Newmark Mountain West
Listed by Newmark Mountain West

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Additional Information

Name
Josh Vance, CCIM
License
UT 5498417-SA00
Name
J.R. Howa
License
UT 8672190-SA00
Brokerage Phone
8015785545
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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