231 S Edison St

For Sale

231 S Edison St, Salt Lake City, UT 84111

This Salt Lake City property for sale is located at 231 S Edison St. The current listed sale price for 231 S Edison St is $2,800,000. 231 S Edison St is situated on a lot that is 0.01 acre in size.

Contacts

broker

Shad Selmos

Shad Selmos - KW - UT - Salt Lake City

Property Details

  • Property Type Retail - Restaurant
  • Property Size 5,706 SF
  • Units 1
  • Lot Size 0.01 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 1890
  • Year Renovated 2022
  • Date Updated Oct 31, 2024
Nestled in the vibrant heart of Salt Lake City, this prime investment opportunity offers proximity to a host of noteworthy attractions and amenities. Nearby, the historic Salt Palace Convention Center draws a constant flow of business visitors, while City Creek Center caters to upscale shopping and dining experiences. As the gateway to Utah's renowned outdoor recreation, the area offers easy access to the picturesque trails of the Wasatch Mountains and the tranquil shores of the Great Salt Lake. With its strategic location amid thriving commerce and natural splendor, the property presents a compelling opportunity for office and office building investors seeking to capitalize on the dynamic appeal of this sought-after locale.Introducing a prime investment opportunity in the heart of downtown Salt Lake City! Nestled at 231-233 S Edison Street, this street retail property is part of the prestigious Warhol Lofts building, offering a seamless blend of commercial vibrancy and luxury living. Boasting a solid NNN lease, this property is a lucrative investment, generating $173,376.00 annually with 3% annual increases. The lease extends until November 30th, 2033, with the added benefit of four 5-year options to renew, ensuring long-term stability and profitability. Currently occupied by the esteemed Franklin Avenue Cocktails & Kitchen, known for its high-end cuisine and crafted cocktails, the tenant's guarantor brings a wealth of experience, owning multiple successful restaurants in downtown Salt Lake City.

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Highlights

  • Charming historic building with character
  • Prime location in Salt Lake City
  • Zoned for retail and restaurant use
  • Spacious 5,706 SF interior
  • Flexible floor plan for customization
  • High visibility and foot traffic
  • Potential for outdoor seating or display
  • Historic appeal for unique branding
  • Proximity to popular attractions and amenities

Getting around

  • 92/100

    Walk Score ®

  • 70/100

    Transit Score ®

  • 91/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Salt Lake City, UT
  • Neighborhood Central City
  • Zip Code 84111
  • Market Salt Lake City

Points of Interest

  • Library

    0.26 miles

  • City Center

    0.36 miles

  • Temple Square

    0.58 miles

  • 600 South

    0.64 miles

  • Trolley

    0.74 miles

  • Arena

    0.83 miles

  • Old GreekTown

    1.05 miles

  • North Temple Bridge/Guadalupe

    1.10 miles

  • Ballpark

    1.60 miles

  • Stadium

    1.81 miles

  • Sinclair

    0.30 miles

  • 7-Eleven

    0.31 miles

  • ChargePoint

    0.40 miles

  • Maverik

    0.53 miles

  • Chevron

    0.60 miles

  • Fast Break Gas

    0.71 miles

  • Smith's Fuel Center

    0.76 miles

  • Spin

    2.18 miles

  • Tesla Supercharger

    2.75 miles

  • Tesla Supercharger South Salt Lake City

    3.02 miles

  • Regent Street Parking Garage

    0.23 miles

  • Eagle Gate Terrace

    0.31 miles

  • Peery Lot

    0.45 miles

  • 500 South Lot

    0.46 miles

  • 600 Lofts

    0.57 miles

  • Employee Only Garage Entrance

    0.60 miles

  • (Parking structure)

    0.63 miles

  • Curry Fried Chicken Parking

    0.65 miles

  • Whole Foods Market

    0.86 miles

  • s

    1.39 miles

  • Roctaco

    0.03 miles

  • Laziz Kitchen

    0.05 miles

  • Este Pizza

    0.05 miles

  • Hot Buns

    0.06 miles

  • Copper Common

    0.07 miles

  • Toasters

    0.08 miles

  • The Copper Onion

    0.08 miles

  • Taqueria 27

    0.08 miles

  • La Cevicheria

    0.10 miles

  • Monarca

    0.12 miles

  • Harmons City Creek

    0.25 miles

  • The Leo Store

    0.36 miles

  • City Creek Center

    0.37 miles

  • Macy's

    0.38 miles

  • Nordstrom

    0.47 miles

  • Shop-N-Go

    0.63 miles

  • Smith's Marketplace

    0.66 miles

  • Ross

    0.71 miles

  • Sprouts Farmers Market

    0.72 miles

  • Trader Joe's

    0.78 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Shad Selmos

Shad Selmos - KW - UT - Salt Lake City