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24 S 600 E, Salt Lake City, UT 84102
$1,495,000
24 S 600 E, Salt Lake City, UT 84102
Subtype
Office
Building SF
5,640
$/SF
$265
Lot
0.3 ac
Property Details
Description
Newport Square is a seven-unit building at the heart of Salt Lake's Central City and South Temple neighborhoods, just blocks from downtown. Known for its historic charm, the area is home to stately properties like the Governor's Mansion, active redevelopment, and many local businesses, with easy access to desirable residential neighborhoods including the Avenues and Federal Heights. Six apartment units were converted to private offices over twenty years ago, and a seventh office suite was added on the top level. All tenants are long-term on month-to-month leases. The owner occupies the top-level office and six garages, all of which could be leased for additional revenue. The property sits on a double-size .30-acre lot with ample off-street parking and was recently rezoned to MU-6 mixed-use. Inquire for financials and additional information.
Listed by Mitchell Finlinson · Summit Sotheby's International Realty
Location
24 S 600 E, Salt Lake City, UT 84102
Cap Rate Calculator
Underwrite this property at a glance. Adjust NOI, vacancy, and OpEx to model your own assumptions.
Cap Rate
5.25%
$/SF
$265
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 9/28/2026, 11:06:17 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.