Home For Sale near Great Salt Lake
PRIME DOWNTOWN REDEVELOPMENT OPPORTUNITY 70-Unit Multi-Family Site Potential | The Last Great Parcel on 100 South THE VISION: Tear down the old to build the new. This is a rare acquisition opportunity to replace an aging Victorian structure with a high-density, 70-unit residential masterpiece in the heart of Salt Lake City's most desirable corridor. WHY THIS SITE? WHY NOW? Unmatched Demand: Salt Lake City is facing a critical housing shortage. Vacancy rates are at historic lows, and the appetite for downtown living is exploding. Location, Location, Location: Walkable to City Creek, Harmons, and the central business district. Future tenants will pay a premium for this level of access. High-Density Zoning Potential: The site is positioned for maximum vertical growth. Don't buy a renovation project; buy a legacy development site. With 70 potential doors, the cap rate projection for a new build here far outperforms restoring the existing single structure. Salt Lake City is Booming: Get in before the 2034 Olympics buzz drives land prices even higher. This is the blank canvas you have been waiting for.Property Details
- Beds: 4
- Baths: 5.0
- Sq Feet: 4560
- Year Built: 1890
- Location: Great Salt Lake
- Acres: 0.170
- County: Salt Lake County
- Heat/AC: Forced Air, Natural Gas, Central
- Siding: Brick, Cedar, Clapboard/Masonite, Frame, Stone
- Roof: Asphalt
- Stories: 6
- Fireplaces: Has Fireplace
- Property Taxes: $5,807
- MLS #: 2130385
Location
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Contact Information:
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Listing Agent: Jairo A Gomez, Ascent Real Estate Group, 801-784-8511, 801-784-8511 Listing Site, Listing Status: Active
Copyright © 2025 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Ad Statistics:
| Ad Number : | 7121396 |
| Viewed: | 4 times |
| Added: | Jan 12, 2026 |
| Updated on: | Jan 13, 2026 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
