Address
Not Disclosed, Salt Lake City, UT
Price
$ 1,800,000
Property Attributes
- MLS#2142164
- TypeCommercial
- Listing Status Active
- CountySALT LAKE
- CitySalt Lake City
- AreaSalt Lake City
- Zip84111
- Style
- Year Built1995
- Taxes$ 20000
- Price$ 1,800,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6600
- Lot Size0.35 Acres
Data Source:
Wasatch Front Regional MLS (WFRMLS)
Property Description
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.
| Price History | |
|---|---|
| 3/10/2026 | Listed $1,800,000 |
General Features
| Year Built | 1995 |
|---|---|
| Property Subtype | Retail |
| Current Use | Retail |
| County | Salt Lake |
| New Construction | No |
| Property Type | Commercial Sale |
| HOA | No |
| Attached Garage | No |
| Garage Y/N | No |
| Status | Active |
| Directions | Please contact Alexander for details at 801.903.8749 |
| City | Salt Lake City |
| Senior Community Y/N | No |
| Zoning Description | R-MU |
| MLS Area | Salt Lake City; So. Salt Lake |
| Lot Size Units | Acres |
| Lot Size Square Feet | 15246.0 |
| Carport Y/N | No |
| Property Attached Y/N | No |
| Tax Annual Amount | 20000.0 |
| Home Warranty Y/N | No |
| Property Condition | Blt./Standing |
| Lease Considered Y/N | No |
| Living Area Units | Square Feet |
| Standard Status | Active |
| PostalCity | Salt Lake City |
| ADU | No |
Interior Features
| Air Conditioning Y/N | No |
|---|---|
| Heating Y/N | No |
| Fireplace Y/N | No |
Exterior Features
| Lot Size Area | 0.35 |
|---|---|
| Spa | No |
| Building Area Total | 6600.0 |
| Lot Dimensions | 0.0x0.0x0.0 |
| Lot Size Acres | 0.35 |
| Frontage Length | 0.0 |
| Private Pool | No |
| Waterfront Y/N | No |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 84111
Price
Taxes
Year Built
Visits
Wasatch Front Regional MLS - Salt Lake Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties
