1 / 5
1618 S STATE ST, Salt Lake City, UT 84115
$599,000
1618 S STATE ST, Salt Lake City, UT 84115
Subtype
Retail
Building SF
—
$/SF
—
Lot
0.07 ac
Property Details
Description
PRICE IMPROVEMENT ALERT! Rare opportunity for an owner-user to purchase a fully furnished quick-serve sandwich shop in a busy trade area on south State Street in Salt Lake City, Utah. This property has an attractive storefront, high quality, sturdy CMU block and concrete construction type. Property has hoods, grease containment, ADA bathrooms and a long history of strong sales with over 34,000 AADT traffic counts. Sale included FF&E, "turn key", but does not include the nameplate. DO NOT DISTURB TENANT. Buyer to verify all information.
Listed by Sean Neves · Uterra Properties
Location
1618 S STATE ST, Salt Lake City, UT 84115
Cap Rate Calculator
Underwrite this property at a glance. Adjust NOI, vacancy, and OpEx to model your own assumptions.
Cap Rate
5.25%
$/SF
—
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.
DISCLAIMER: The information provided on this website, including property details, pricing, projections, and availability, is for informational purposes only and may change without notice. While Canovo Group, LLC strives to maintain accurate and up-to-date information, we do not guarantee its completeness or accuracy. Users should independently verify all information and property details, including availability and any leasing conditions, with the listing agent or property owner before making any decisions. Canovo Group, LLC is not responsible for any errors, omissions, or third-party content and makes no representations or warranties regarding the properties listed. Neither Canovo Group, LLC nor its affiliates are acting as your real estate agent or broker, nor do we represent or endorse any properties or parties unless expressly stated in a separate written agreement. This website is not an offer or solicitation to buy, sell, or lease any property. All transactions are the sole responsibility of the parties involved.
© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 10/29/2026, 4:24:27 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.