$3,000,000
Active
16 Days Online
0 Beds0 Baths0 SQFT
Active

231 S EDISON ST E Salt Lake City, UT 84111

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Introducing a prime investment opportunity in the heart of downtown Salt Lake City! Nestled at 231-233 S Edison Street, this street retail property is part of the prestigious Warhol Lofts building, offering a seamless blend of commercial vibrancy and luxury living. Boasting a solid NNN lease, this property is a lucrative investment, generating $173, 376.00 annually with 3% annual increases. The lease extends until November 30th, 2033, with the added benefit of four 5-year options to renew, ensuring long-term stability and profitability. Currently occupied by the esteemed Franklin Avenue Cocktails & Kitchen, known for its high-end cuisine and crafted cocktails, the tenant's guarantor brings a wealth of experience, owning multiple successful restaurants in downtown Salt Lake City. Whether you're seeking a reliable income stream or a strategic addition to your portfolio, this opportunity presents unmatched potential in one of Salt Lake City's most sought-after locations. Don't miss your chance to secure your stake in this thriving urban landscape!

  • Property TypeCommercial
  • NeighborhoodWarhol Lofts
  • CountySalt Lake
  • Taxes$7,574
  • HOA/Condo/Coop Fees$0
  • Days on Site15 Days
  • MLS StatusActive
  • MLS ID Number1999613
  • Home Size Source N/A
  • Year Built2024
  • Lot Size0.01 Acres
  • Full BathsN/A
  • Partial BathsN/A

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