Even in a market where real estate prices have declined substantially, the price of small, well-located commercial spaces around Salt Lake haven’t come down as much as you might think. Part of this can probably be due to the lack of inventory. There are plenty of 3,000+ s.f. commercial/warehouse buildings available to the south and west of downtown, which don’t fit the needs or budget of many smaller businesses that nee to be located in the city’s center. Three commercial spaces along 200 E in The Metro just hit the market, all bank-owned and bargain priced. These commercial condos are part of The Metro Home Owners Association, so they have monthly association dues just like the residential condos that cover building insurance, maintenance, and city utilities. They each have separate exterior entrances and may be combined for additional square footage. Perfect location for a retail shop or professional office.
Unit #100 is listed at $169,000 and is 1,190 s.f Unit #102 is listed at $139,000 and is 863 s.f. Unit #104 is listed at $179,000 and is 1,021 s.f.
Sales Contact: Sue Benson, RE/MAX Metro (801) 599-7000