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292 E 3900 S, Millcreek, UT — photo 11 / 50

$2,125,000

292 E 3900 S, Millcreek, UT 84107

Subtype

Office

Building SF

5,483

$/SF

$388

Lot

0.41 ac

Property Details

Property typeCommercial Sale
SubtypeOffice
Building SF5,483 sqft
Year built1969
Lot size0.41 acres
Current useOffice
Taxes (annual)$17,700
Days on market0
Listed2026-10-16T00:00:00+00:00

Description

Standalone Millcreek Office Building for Sale at 292 E 3900 S, Salt Lake City, UT 84107 presents a rare opportunity to acquire a beautifully renovated, standalone office asset in the heart of Millcreek. Offered at $2,125,000, this 5,483 SF property is currently owner-occupied, with the owner prepared to vacate at closing or lease back. Ideal for an owner-user seeking immediate occupancy or an investor pursuing value-add potential. The interior has been recently renovated to deliver a polished, professional environment featuring an inviting reception area, dedicated conference room, abundant natural light, private offices, open work areas, and a break room. Its flexible multi-tenant layout includes separate entrances and individual private restrooms and break rooms allowing for a variety of occupancy strategies. Positioned along the high-traffic 3900 S corridor, the property benefits from strong visibility, monument signage potential, and convenient access to public transit and the I-15 freeway. Ample on-site parking includes 22 surface spaces enhancing convenience for employees and visitors alike. This is a standout opportunity to own a centrally located Millcreek office property with functionality, presence, and flexibility.

Listed by Kami Andrus · Berkshire Hathaway HomeServices Utah Properties (Saddleview)

Location

292 E 3900 S, Millcreek, UT 84107

Cap Rate Calculator

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

Cap Rate

5.25%

$/SF

$388

GRM

11.8

Purchase price
$
Gross scheduled income
$/yr
Vacancy5%
Operating expense ratio35% ($60,058)
Effective gross income$171,594/yr
Operating expenses$60,058/yr
Derived NOI$111,536/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 10/16/2026, 10:54:20 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.