3562 S MAIN ST SOUTH SALT LAKE UT 84115
Great Owner/User or Redevelopment Opportunity
Marketing description
Newmark Mountain West is pleased to present 3562 S. Main Street — a 1.01-acre infill redevelopment and owner/user opportunity in one of the Salt Lake Valley's fastest-evolving submarkets. Positioned on the high-visibility Main Street corridor in South Salt Lake, the property pairs a ±2,112 SF existing building with a true development-grade land play, all inside a rapidly densifying transit- and amenity-rich neighborhood.
Investment highlights
Rare 1.01-acre owner/user and redevelopment opportunity on Main Street in the heart of South Salt Lake. The site is improved with an approximately 2,112 SF building and offers strong frontage, visibility, and access along one of the submarket's primary north–south corridors, minutes from Downtown Salt Lake City, I-15, I-80, and the 3300 South TRAX station.
The property is zoned TOD (Transit Oriented Development), South Salt Lake's most flexible mixed-use designation, allowing a wide range of residential, multifamily, office, retail, and live/work uses at higher densities and reduced parking ratios — ideal for infill apartment, mixed-use, or commercial redevelopment.
The site sits within the South Salt Lake West Point Redevelopment Area (RDA), opening the door to potential tax increment financing and redevelopment incentives, and is also located in a federally designated Qualified Opportunity Zone (QOZ), offering meaningful capital gains tax advantages for qualifying investors.
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