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44 E EXCHANGE PL, Salt Lake City, UT 84111
$5,300,000
44 E EXCHANGE PL, Salt Lake City, UT 84111
Subtype
Retail
Building SF
9,032
$/SF
$587
Lot
0.09 ac
Property Details
Description
Rare opportunity to own a premier restaurant space in the heart of Downtown Salt Lake City. Originally designed as office space, the building has recently undergone a complete transformation into a sophisticated, fully equipped restaurant and entertainment venue. The main level features a spacious, open-concept layout with a dining area, bar, and full commercial kitchen. A lofted upper level offers additional seating and a second bar overlooking the space below. The lower level is designed as a private speakeasy-style bar and lounge, complete with room for live music and entertainment. Every detail was thoughtfully planned, including ample restroom facilities, generous back-of-house space, and abundant storage. Completed just months ago, this turnkey property is fully prepared for its next owner and is ready for immediate occupancy and operation.
Listed by Tyler B Parrish · Align Complete Real Estate Services LLC
Location
44 E EXCHANGE PL, Salt Lake City, UT 84111
Cap Rate Calculator
Underwrite this property at a glance. Adjust NOI, vacancy, and OpEx to model your own assumptions.
Cap Rate
5.25%
$/SF
$587
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 9/3/2026, 8:36:13 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.