$1,595,000

Newport Square is a seven-unit building at the heart of Salt Lake's Central City and South Temple neighborhoods, just blocks from downtown. Known for its historic charm, the area is home to stately properties like the Governor's Mansion, active redevelopment, and many local businesses, with easy access to desirable residential neighborhoods including the Avenues and Federal Heights. Six apartment units were converted to private offices over twenty years ago, and a seventh office suite was added on the top level. All tenants are long-term on month-to-month leases. The owner occupies the top-level office and six garages, all of which could be leased for additional revenue. The property sits on a double-size .30-acre lot with ample off-street parking and was recently rezoned to MU-6 mixed-use. Inquire for financials and additional information.