231 S EDISON ST E Salt Lake City, UT 84111
Introducing a prime investment opportunity in the heart of downtown Salt Lake City! Nestled at 231-233 S Edison Street, this street retail property is part of the prestigious Warhol Lofts building, offering a seamless blend of commercial vibrancy and luxury living. Boasting a solid NNN lease, this property is a lucrative investment, generating $173, 376.00 annually with 3% annual increases. The lease extends until November 30th, 2033, with the added benefit of four 5-year options to renew, ensuring long-term stability and profitability. Currently occupied by the esteemed Franklin Avenue Cocktails & Kitchen, known for its high-end cuisine and crafted cocktails, the tenant's guarantor brings a wealth of experience, owning multiple successful restaurants in downtown Salt Lake City. Whether you're seeking a reliable income stream or a strategic addition to your portfolio, this opportunity presents unmatched potential in one of Salt Lake City's most sought-after locations. Don't miss your chance to secure your stake in this thriving urban landscape!
- Property TypeCommercial
- NeighborhoodWarhol Lofts
- CountySalt Lake
- Taxes$7,574
- HOA/Condo/Coop Fees$0
- Days on Site29 Days
- MLS StatusActive
- MLS ID Number1999613
- Home Size Source N/A
- Year Built2024
- Lot Size0.01 Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 231 S EDISON ST E Salt Lake City, UT 84111
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