Property photo 1
26 photos
ActiveMLS# 217334226 days on market

$1,100,000

445 N 700 W ##104

North Salt Lake, UT 84054

0 BD|0 BA|0 SQFT

About This Property

Prime Commercial Investment Opportunity | Single-Tenant Property Overview: An exceptional turn-key investment opportunity featuring a spacious ~5,158 SF commercial property spread over two floors. Currently functioning as an established dance studio, this property offers stable income, a high-quality tenant commitment, and minimal management overhead. Key Investment Highlights Strong Financials: Offered at an approximate 5.5% CAP Rate. Long-Term Stability: Occupied by a proven, long-term tenant who has recently signed a new 5-year lease renewal. Tenant Commitment: The tenant is actively investing in additional space improvements, demonstrating strong long-term operational commitment to the location. Low-Maintenance Ownership: Minimal landlord responsibilities, making this an ideal hands-off asset for both seasoned and entry-level investors. Functional Layout: ~5,158 SF optimized across two flexible floors, tailored for dance/fitness/studio operations with great long-term adaptability.

Property Details

Property TypeCommercial
Year Built2007
Lot Size436 sqft
Days on Market26
MLS Number2173342

Christina Lovell

REALTOR®

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Est. Monthly Payment

$6,616

P&I: $5,562 | Tax: $779 | Insurance: $275

$1,100,000
%
%
Loan Amount$880,000
Down Payment$220,000

Estimates are for informational purposes only. Tax and insurance amounts are approximations. Contact a mortgage lender for accurate quotes.

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