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159 W BROADWAY, Salt Lake City, UT 84101
159 W BROADWAY, Salt Lake City, UT 84101
Type
Condo
List Price
$1.73M
Price/Sqft
$555
Est Gross Yield
1.7%
$29,028/yr est.
Salt Lake City has very few true lofts, and almost none at this scale. #301 at Broadway Lofts is a 3,106 square foot corner residence in the middle of downtown, with 15-foot ceilings, a 50-foot-wide wall of glass, ebony-stained oak floors, and gallery-ready brick and concrete walls. It has been on the cover of Utah Style & Design, in The New York Times, and featured on HGTV. The main level alone offers more than 2,500 square feet of open space, so entertaining here feels like a house rather than a condo. The kitchen is built for dinner parties. An oversized island gives guests a place to gather while you cook, and the beverage and wine refrigerator and pull-out pantry shelving keep everything within reach. The kitchen opens directly onto the great room in front of the window wall, so the evening can move from the island to the sofas with downtown right outside the glass. Beyond the great room, space allows for a gym, media area, home office, or third bedroom, with built-in storage throughout. A second bedroom on the main level, with a full bath and laundry nearby, works well for guests or as a main-floor primary suite. A floating staircase beneath a skylight leads up to the primary suite, which sits behind a wall of glass that keeps the bedroom private without closing off the loft below. A dressing room with built-in shelving and cabinetry, along with a private bath, completes the upper level. The loft comes with assigned underground parking for one car. A gated courtyard with fire pit seating areas gives the building a park-like setting and an easy place to walk your dog. Fit for full-time living as well as a lock-and-leave second home. Valter's Osteria is next door. Edison House, a private social club with a rooftop pool, a gym, two restaurants, a billiards room, and several bars, is just around the corner on 200 West. The Rose Wagner Performing Arts Center is directly across the street, and Main Street's restaurants and bars and the Eccles Theater are two blocks away. City Creek Center and the Delta Center are an easy walk, the airport is about 10 minutes by car, and Park City's ski resorts are roughly 35 minutes away. This is the home for someone who wants dinner, a show, or a game without ever moving the car.
Listed by Paul Benson · Engel & Volkers Park City
159 W BROADWAY, Salt Lake City, UT 84101
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Cap Rate
1.12%
Cash-on-Cash
-9.49%
Cash Flow
-$5,114/mo
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