Homes for sale - 5934 S COUGAR LN W #5934, Salt Lake City, UT 84118...

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Kelli Stoneman

kelli@stonemangroup.com +1(801) 337-6295

$3,969,000

Est. payment - /mo

1.44 Acres Lot

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UPDATED:

11/22/2024 05:53 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2047409

Construction Status Blt./Standing

HOA Y/N No

Year Built 1979

Annual Tax Amount $8,642

Lot Size 1.440 Acres

Acres 1.44

Lot Dimensions 0.0x0.0x0.0

Property Description

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

Location

State UT

County Salt Lake

Area Magna; Taylrsvl; Wvc; Slc

Zoning Single-Family, Multi-Family, Commercial

Interior

Interior Features Dishwasher, Fireplace, Kitchen, Laundry: Individual, Range/Oven, Refrigerator, Restroom: Private, Smart Thermostat(s)

Heating Forced Air, Natural Gas

Cooling Central Air, Full

Flooring Carpet, Tile

Inclusions Fixtures, Furniture, Real Estate

Fireplace No

Window Features Blinds,Drapes,Full,Shades

Appliance Furniture, Real Estate

Exterior

Exterior Feature Out Buildings, Paved Parking, Playground, Security Lighting

Utilities Available Gas: Natural, Paid By Landlord

View Y/N No

Roof Type Flat,Rubber

Present Use Commercial,Retail,Office

Handicap Access Ground Level, Single Level

Private Pool false

Building

Faces East

New Construction No

Construction Status Blt./Standing

Others

Senior Community No

Tax ID 20-13-426-067

Acceptable Financing Cash, Conventional, Exchange, Seller Finance First

Listing Terms Cash, Conventional, Exchange, Seller Finance First

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Listed by Platinum Place Realty

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Kelli Stoneman

+1(801) 337-6295

Broker Associate | License ID: 5656390-AB00

Broker Associate License ID: 5656390-AB00

5934 S COUGAR LN W #5934 Salt Lake City, UT 84118

Kelli Stoneman

Key Details

Location

Interior

Exterior

Building

Others

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