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JUST LISTED! The Salt Lake City, Utah Winter Olympics 2034 coming, this rare 1.44 Acre property next to the Olympic Oval Venue & the South Valley Regional Airport, is a Prime Development Opportunity for potential Mixed Use, Commercial, Hotel, Multifamily, STR, Athlete Training, etc! Income Producing Rental Income while you develop the property! Property was previously rented for $11,500 per month, but is currently undergoing some improvements. *Currently Zoned Multi Family Dwelling (2-4 Unit)Building. With flexible zoning options and city interest in rezoning, and several plans already drawn up, this property is ideal for a MIXED-USE PROJECT, potentially incorporating Commercial Retail Spaces with Residential Units above, or a full Multi-Family Residential Development. *There are Drawings and talk with the city and Kearns City Council of podium style building with 6 commercial units below and 28 apartments above. (See Attachments). This flat, expansive lot currently includes two existing buildings at 5934 S & 5930 S, each approximately 4,215 square feet, totaling around 8,430 square feet. *Also includes two large storage buildings with basements. Don't miss this rare chance to bring a high-impact project to an area eager for growth. *Further details on city discussions and potential approved plans are available upon request. Owner agent. #investmentproperty #developers #saltlakecity2023 #Olympics #investors #realestateinvesting #olympicoval #utaholympicpark #utaholympicoval
| DAYS ON MARKET | 10 | LAST UPDATED | 11/17/2024 |
|---|---|---|---|
| YEAR BUILT | 1979 | COMMUNITY | Magna; Taylrsvl; WVC; SLC |
| COUNTY | Salt Lake | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Oven, Range, Refrigerator |
| AREA | Magna; Taylrsvl; WVC; SLC |
| EXTERIOR | Playground |
| FIREPLACE | Yes |
| HEAT | Forced Air, Natural Gas |
| LOT | 1.44 acre(s) |
| LOT DIMENSIONS | 0.0x0.0x0.0 |
| PARKING | Paved |
| TAXES | 8642 |
| UTILITIES | Natural Gas Available |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Platinum Place Realty
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