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1962 S 1100 E, Salt Lake City, UT — photo 11 / 10

$500,000

1962 S 1100 E, Salt Lake City, UT 84119

Subtype

Retail

Building SF

2,089

$/SF

$239

Lot

0.17 ac

Property Details

Property typeCommercial Sale
SubtypeRetail
Building SF2,089 sqft
Year built1990
Lot size0.17 acres
Current useRetail
Taxes (annual)$4,149
Days on market170
Listed2026-03-16T00:00:00+00:00

Description

Excellent opportunity to acquire a cash-flowing commercial property with an established operating business. This location is part of a four-property laundromat portfolio in Salt Lake County. Investors may purchase individual locations or inquire about the full portfolio. Each laundromat in the portfolio has been recently renovated and equipped with modern, high-efficiency machines featuring integrated management software that allows owners to monitor performance, usage, and operations remotely from a smartphone or computer with an internet connection. All locations are positioned in high-traffic neighborhoods across Salt Lake County, providing strong customer access and consistent demand for self-service laundry. This specific listing is located in the Rose Park area of Salt Lake City, serving a dense residential population with steady laundry demand. Portfolio structure: Four total laundromat locations Two owner-occupied properties included in the sale Two leased locations with long term lease terms and extension Additional portfolio listings: MLS 5312835 MLS 2137580 MLS 5314876 MLS 5316827 This opportunity may appeal to investors seeking stable cash flow, entrepreneurs entering the laundromat industry, or experienced operators looking to expand an existing portfolio. Sale includes the leasehold interest only for this long-term leased location, together with all furniture, fixtures, equipment, and operating systems necessary to continue the business. Real property is not included in the sale; purchaser will acquire the business and FF&E at this established site, subject to the terms of the existing lease.

Listed by Dan Ford · Colliers International LLC (Wasatch)

Location

1962 S 1100 E, Salt Lake City, UT 84119

Cap Rate Calculator

Underwrite this property at a glance. Adjust NOI, vacancy, and OpEx to model your own assumptions.

Cap Rate

5.25%

$/SF

$239

GRM

11.8

Purchase price
$
Gross scheduled income
$/yr
Vacancy5%
Operating expense ratio35% ($14,131)
Effective gross income$40,375/yr
Operating expenses$14,131/yr
Derived NOI$26,244/yr

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, 7:04:22 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.