827 S 500 W, Salt Lake City, UT 84101

$10,900,000

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List Price
$10,900,000
Status
ACTIVE
MLS#
2096275
Year Built
1950
Property Type
Industrial
County
Salt Lake
City
Salt Lake City
Region
Salt Lake City; So. Salt Lake
Subdivision
Plat A

Property Description

This 1.88-acre (that includes two parcels, tax ID#s 15-12-176-002 and 15-12-176-001) L-shaped development site with frontage on both 800 South and 500 West is positioned in the heart of Salt Lake City's dynamic and rapidly transforming Granary District. Surrounded by a growing mix of residential, creative, and commercial uses, the site offers a rare opportunity for impactful infill development in one of the city's most active redevelopment corridors. Zoned MU-11, key characteristics include: High-density urban development Mixed residential and commercial uses Mid-rise to high-rise buildings Walkable, transit-oriented design Ground-floor retail and active street frontage encouraged Designed for redevelopment corridors and urban centers, this site is set to benefit from significant public investment in multimodal infrastructure: upgraded sidewalks, protected bike lanes, improved intersections, and enhanced TRAX light rail access, including proximity to the 900 South station and potential new stops in the district. These improvements are designed to encourage walkability, reduce vehicle reliance, and support Salt Lake City's smart growth and sustainability goals. With strong market fundamentals, ongoing redevelopment momentum, including major nearby projects, and Salt Lake City's pro-growth climate, this site represents a compelling opportunity for developers or users seeking scale, flexibility, and visibility in a premier downtown location. Square footage figures are provided as a courtesy estimate only and were obtained from Salt Lake County Records. Buyer is advised to obtain an independent measurement. Buildings can be leased separately.

Additional Information

Taxes
$31,113
Acres
1.88
Cooling
Central Air
Heating
Natural Gas

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Calculator source: Real Geeks

Listing courtesy of B & B Real Estate Group LLC.