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155 E CENTER, North Salt Lake, UT 84054
$625,000
155 E CENTER, North Salt Lake, UT 84054
Type
SFR
List Price
$625,000
Price/Sqft
$376
Est Gross Yield
5.5%
$34,464/yr est.
Property Details
Description
Outstanding redevelopment opportunity in the heart of North Salt Lake's Highway Commercial (C-H) Corridor. This property is being offered primarily along with an adjoining property for a total of .449 acres. Both parcels must be purchased jointly. See MLS # 2178205. Value is the underlying land value and redevelopment potential rather than the existing older residence. Preliminary discussions indicate the site has the potential for a mixed-use development consisting of residential condominium or townhome units with a ground-floor commercial or retail component. Subject to buyer due diligence, engineering analysis, parking requirements, zoning regulations, and all approvals by the City of North Salt Lake. The Highway Commercial (C-H) zoning district encourages commercial and mixed-use development along the Center Street corridor, making this an exceptional opportunity for developers, investors, and builders seeking a strategically located infill project. Buyer to independently verify all development potential, permitted uses, density, and governmental approvals. Please do not disturb the occupants. Showings of land by appointment only. Please see Commercial listings MLS #2177634 & 2178865 & Residential MLS #s 2178860 & 2178205.
Listed by Scott Johnson · Advantage Management & Real Estate Services LLC
Location
155 E CENTER, North Salt Lake, UT 84054
Proforma
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Cap Rate
3.67%
Cash-on-Cash
-2.69%
Cash Flow
-$526/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 8/26/2026, 2:28:09 AM. 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.