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66 E CLEVELAND AVE, Salt Lake City, UT 84115
66 E CLEVELAND AVE, Salt Lake City, UT 84115
Subtype
Retail
Building SF
6,480
$/SF
$278
Lot
0.33 ac
Flex Industrial Investment/Owner user Opportunity- Ballpark/Downtown SLC District Industrial flex offering just outside downtown Salt Lake City in the highly desirable Ballpark area, positioned between State Street and Main Street with easy access to I-15, I-80, and downtown core. This four-suite flex building offers a versatile mix of warehouse, office, and grade-level garage space with rollup doors - ideal for owner-occupancy, investor hold, or a combination of both. Each suite is independently accessed and features its own rollup door for drive-in warehouse access, functional office/showroom space up front, and open warehouse in back - well-suited for contractors, distributors, light manufacturing, creative/studio users, or service-based businesses. Long-term tenants in place provide immediate cash flow for an investor, or suites can be delivered vacant for an owner-user looking to occupy one or more bays while leasing the remainder to offset carrying costs. Location offers strong visibility and access in one of SLC's fastest-growing submarkets, near the new MLB ballpark development, Granary District, and downtown core - an area seeing significant reinvestment and rising demand for flex/industrial product. Excellent opportunity for 1031 exchange buyers, owner-users, or investors seeking a value-add or stabilized industrial asset in a supply-constrained SLC submarket.
Listed by Tony Zambrano · Real Estate Essentials (St George)
66 E CLEVELAND AVE, Salt Lake City, UT 84115
Underwrite this property at a glance. Adjust NOI, vacancy, and OpEx to model your own assumptions.
Cap Rate
5.25%
$/SF
$278
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 9/2/2026, 7:04:29 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.