1 N/A, Salt Lake City, UT 84111
—BD/—BA Commercial Sale in Salt Lake City, UT 84111. Built 1995. Listed at $1,800,000. MLS #2142164.
—BD/—BA Commercial Sale in Salt Lake City, UT 84111. Built 1995. Listed at $1,800,000. MLS #2142164.
$1,800,000
A rare and exceptional opportunity to acquire a well-established, full-service restaurant in a prime downtown location with high visibility and ample parking. With 40 years of continuous operation, this business has built a strong reputation, a loyal customer base, and a proven track record of consistent revenue. The property offers 4,400 SF of dedicated restaurant space complemented by an additional 2,200 SF of office and storage - totaling 6,600 SF. The fully equipped commercial kitchen includes a hood and ventilation system, grease trap, walk-in cooler & freezer, and all equipment necessary for immediate, turnkey operation from day one. A wine and beer license is currently in place, with the ability to upgrade to a full restaurant liquor license, opening the door to expanded beverage revenue and enhanced dining experiences. The seller owns the underlying real estate and is prepared to offer a long-term lease with favorable terms, providing the new owner with long-term stability and predictable occupancy costs. This is an ideal opportunity for an experienced restaurateur looking to expand their portfolio, a first-time buyer ready to step into a turnover-ready concept, or an entrepreneur with a new vision looking for the perfect space and infrastructure already in place. Detailed financials, a complete FF&E list, and full business disclosure will be made available upon execution of a Non-Disclosure Agreement.
Property Type
Commercial Sale
Property Style
Retail
County
Salt Lake
Lot Size
0.35 sq ft
Condition
Blt./Standing
MLS #
2142164
Property Type
Commercial Sale
Property Style
Retail
County
Salt Lake
Lot Size
0.35 sq ft
Condition
Blt./Standing
MLS #
2142164
List Price
$1,800,000
Annual Taxes
$20,000
Home Warranty
No
List Price
$1,800,000
Annual Taxes
$20,000
Home Warranty
No
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
$587,500
+206% vs median
41 days
744
$11,000 – $7,995,000
$20,000
High Crime
28.7
per 1,000
83.9
per 1,000
34.5
per 1,000
147.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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Daryn Edmunds - High Road Properties

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