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602 E 300 S, Salt Lake City, UT — photo 11 / 61

$1,850,000

602 E 300 S, Salt Lake City, UT 84102

Subtype

Retail

Building SF

6,924

$/SF

$267

Lot

0.2 ac

Property Details

Property typeCommercial Sale
SubtypeRetail
Building SF6,924 sqft
Year built1911
Lot size0.2 acres
Current useRetail,Office
Taxes (annual)$9,502
Days on market167
Listed2026-03-19T00:00:00+00:00

Description

Discover a rare chance to own this Italianate office & apartments conversion in the Central City Historic District, originally constructed in 1911 as a single family mansion and thoughtfully adapted for modern commercial use. This timeless property blends architectural character with urban functionality. Classic features such as original woodwork and fireplaces, soaring ceilings, and abundant natural light create an inspiring environment perfectly suited for office, retail, creative workspaces, or potential live/work configurations. *** Positioned in a highly walkable and visible corridor, the property sits just steps from TRAX, top dining, entertainment, Trader Joe's, and boutique shopping. Its central location provides quick access to the University of Utah, three major hospitals, Downtown SLC, and key transportation routes. A private parking lot with generous off street parking further enhances day to day convenience. The "hard corner" location at 600 East and 300 South - combined with RMF35 zoning and the fact that the building is within the historic district but not designated historic - offers compelling future redevelopment potential for this unique property.

Listed by Lynn Griese · Coldwell Banker Realty (Union Heights)

Location

602 E 300 S, 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

$267

GRM

11.8

Purchase price
$
Gross scheduled income
$/yr
Vacancy5%
Operating expense ratio35% ($52,286)
Effective gross income$149,388/yr
Operating expenses$52,286/yr
Derived NOI$97,102/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, 7:04:20 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.