PEARSON & ASSOCIATES

419 E 100 S

Salt Lake City , UT 84111

MLS#: 2130385

$5,495,995

Status: Active
Listing number: 2130385
Listing provided by: Ascent Real Estate Group LLC
Listing agent phone: None
Last update: 43 minutes ago
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Property

Beds

4

Full Baths

4

1/2 Baths

1

Year Built

1890

Sq.Footage

4,560

PRIME DOWNTOWN REDEVELOPMENT OPPORTUNITY 70-Unit Multi-Family Site Potential | The Last Great Parcel on 100 South THE VISION: Tear down the old to build the new. This is a rare acquisition opportunity to replace an aging Victorian structure with a high-density, 70-unit residential masterpiece in the heart of Salt Lake City's most desirable corridor. WHY THIS SITE? WHY NOW? Unmatched Demand: Salt Lake City is facing a critical housing shortage. Vacancy rates are at historic lows, and the appetite for downtown living is exploding. Location, Location, Location: Walkable to City Creek, Harmons, and the central business district. Future tenants will pay a premium for this level of access. High-Density Zoning Potential: The site is positioned for maximum vertical growth. Don't buy a renovation project; buy a legacy development site. With 70 potential doors, the cap rate projection for a new build here far outperforms restoring the existing single structure. Salt Lake City is Booming: Get in before the 2034 Olympics buzz drives land prices even higher. This is the blank canvas you have been waiting for.

Features & Amenities

Interior

  • Other Interior Features

    In-Law Floorplan, Vaulted Ceiling(s), Granite Counters

  • Total Bedrooms

    4

  • Bathrooms

    4

  • 1/2 Bathrooms

    1

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Central, Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Cedar, Frame, Stone

  • Other Exterior Features

    Balcony, Lighting

  • Patio and Porch Features

    Covered

  • Pool

    No

Area & Lot

  • Lot Features

    Wooded

  • Lot Size(acres)

    0.17

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

Price

  • Sales Price

    $5,495,995

  • Tax Amount

    5807.0

  • Sq. Footage

    4, 560

  • Price/SqFt

    $1,205

HOA

  • Association

    No

School District

  • Elementary School

    Salt Lake

  • Middle School

    Bryant

  • High School

    East

Property Features

  • Stories

    6

  • Accessibility Features

    Accessible Doors, Accessible Hallway(s), Accessible Electrical and Environmental Controls

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

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Location

County

Salt Lake

Elementary School

Salt Lake

Middle School

Bryant

High School

East

Listing Courtesy of Jairo A Gomez , Ascent Real Estate Group LLC

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Micah Pearson

Principal Broker

Micah Pearson

Call Micah today to schedule a private showing.

(801) 225-7272

micahpearson@gmail.com


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PRIME DOWNTOWN REDEVELOPMENT OPPORTUNITY 70-Unit Multi-Family Site Potential | The Last Great Parcel on 100 South THE VISION: Tear down the old to build the new. This is a rare acquisition opportunity to replace an aging Victorian structure with a high-density, 70-unit residential masterpiece in the heart of Salt Lake City's most desirable corridor. WHY THIS SITE? WHY NOW? Unmatched Demand: Salt Lake City is facing a critical housing shortage. Vacancy rates are at historic lows, and the appetite for downtown living is exploding. Location, Location, Location: Walkable to City Creek, Harmons, and the central business district. Future tenants will pay a premium for this level of access. High-Density Zoning Potential: The site is positioned for maximum vertical growth. Don't buy a renovation project; buy a legacy development site. With 70 potential doors, the cap rate projection for a new build here far outperforms restoring the existing single structure. Salt Lake City is Booming: Get in before the 2034 Olympics buzz drives land prices even higher. This is the blank canvas you have been waiting for.

419 E 100 S

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