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1220 S STATE ST, Salt Lake City, UT 84111
$800,000
1220 S STATE ST, Salt Lake City, UT 84111
Subtype
Retail
Building SF
3,318
$/SF
$241
Lot
0.16 ac
Property Details
Description
Take another look! If you've looked at this property in the last 6 months, you know parking was an unknown. Seller now has a confirmed solution! Prime Redevelopment Opportunity in the South State Street Corridor Overlay District Welcome to 1220 S State Street-an exceptional 3,318 square foot standalone commercial building offering endless potential in the heart of Salt Lake City's dynamic South State Street Corridor Overlay District. Formerly a veterinary hospital, this well-located property is now primed for its next chapter. Strategically positioned on one of Salt Lake's major arterial roads, this building benefits from excellent visibility, high traffic counts, and flexible zoning that encourages urban redevelopment. The property is restricted for use as a veterinary clinic for contractual reasons, opening the door for a variety of adaptive reuses under the city's progressive overlay district guidelines. With multiple private rooms, existing plumbing infrastructure, a welcoming lobby, the layout is ideal for conversion to a wellness center, creative office space, pet grooming business, or community-based nonprofit headquarters, to name a few. The South State Street Overlay supports mixed-use and commercial redevelopment with relaxed yard and height restrictions, making this site a smart choice for entrepreneurs and investors looking to establish a presence in a revitalizing urban corridor. Whether you're looking to launch a new concept or expand an existing business, this property offers the location, layout, and zoning flexibility to bring your vision to life. Highlights: 3,318 SF building on .16 acres Located in the South State Street Corridor Overlay District High-visibility location with strong vehicular and pedestrian traffic Flexible interior layout with lobby, private rooms, and plumbing infrastructure On-site parking and easy access to I-15, downtown SLC, and TRAX Zoning Information: Base zone: Commercial Corridor (CC) with South State Street Corridor Overlay (SSSC). Permitted uses may include retail, office, wellness services, grooming facilities, and more (buyer to verify). Don't miss this opportunity to be part of the growth and transformation of South State Street. Schedule your showing today and explore the possibilities. Square footage figures are provided as a courtesy estimate only and were obtained from public records. Buyer is advised to obtain an independent measurement.
Listed by Tony Huston · Jefferson Street Properties, LLC
Location
1220 S STATE ST, Salt Lake City, UT 84111
Cap Rate Calculator
Underwrite this property at a glance. Adjust NOI, vacancy, and OpEx to model your own assumptions.
Cap Rate
5.25%
$/SF
$241
GRM
11.8
Cap rate estimates are based on assumptions, not guaranteed, and should not be relied upon. Buyers must verify all information — including NOI, OpEx, lease terms, and rent rolls — directly with the seller or listing agent.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 9/2/2026, 7:04:37 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.