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$1,495,000
Est. payment /mo
0.63 Acres Lot
UPDATED:
11/02/2024 06:09 AM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2026734
Construction Status Blt./Standing
HOA Y/N No
Year Built 1977
Annual Tax Amount $13,162
Lot Size 0.630 Acres
Acres 0.63
Lot Dimensions 0.0x0.0x0.0
Property Description
This property may be purchased with MLS #2026733. Introducing a prime investment opportunity at 7720-7708 S 700 E, Midvale, UT. This 5,626 SF building, situated on .63 acres of commercial land on the busy 700 East. This building was built in 1977, and it offers the perfect canvas for an investor seeking covered land play. This lot is Zoned Commercial Neighborhood and has stellar development potential and flexible options. Both parcels for sale total to .63 Acres and can be combined with the corner lot next door to total .93 Acres, which is ample space for 15,000+ Square feet of medical office or Retail. Don't miss this chance to claim your stake in a distinguished commercial real estate asset. This is a developable lot with multiple options available to the buyer. Seller is listing the property as a $1,495,000 office sale, with a separate $500,000 for sale lot next door, or $1,995,000 for all of it. This is a well-priced acquisition just off Fort Union with tremendous visibility. Right across the street from Harmons. Offices are quiet and suited for Professional, Medical, or Corporate Office. Located at 7720 South 700 East, Midvale, UT 84047. Offices with a convenient location with good parking and access. The existing building is 5,626 SF and has several bullpen areas as well as 9 offices. Previously used as a call center and currently the infrastructure is in place for a phone system. The building features 13 rooms that can be used as offices, and downstairs has an expansive bull pen area. As far as development potential, Commercial, Retail, and Office uses are all approved uses with 40 foot building heights and roughly 15,000+ of new space can be developed here.
Location
State UT
County Salt Lake
Area Murray; Taylorsvl; Midvale
Interior
Fireplace No
Exterior
View Y/N No
Present Use Office
Private Pool No
Building
New Construction No
Construction Status Blt./Standing
Others
Senior Community No
Tax ID 22-30-477-018
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Listed by Investment Realty Advisors LLC
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