Utah's Premier | OnX Realty

1174 E GRAYSTONE WAY

Salt Lake City , UT 84106

MLS#: 2136948

$3,500,000

Status: Active
Listing number: 2136948
Listing provided by: Investment Realty Advisors LLC
Listing agent phone: None
Last update: 2 days ago
New on site 3 days ago
Browse Properties
PARK - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1962

Sq.Footage

N/A

Graystone Professional Plaza is a professional office building located in the heart of Sugar House, just off I-80 and 1300 East, offering excellent accessibility in a highly desirable submarket. The property totals approximately 19,099 square feet and is comprised of 33 office suites leased to a mix of professional, medical, and service-oriented tenants on a full-service basis. The building maintained approximately 90% average occupancy in 2025 and is offered at a 5.6% in-place cap rate, with upside potential supporting a projected pro forma cap rate of 6.2%. Zoned RMF-35, the property presents an attractive opportunity for investors or owner-users seeking stable income in a premier location. Measurements are given as a courtesy only. Buyer advised to obtain independent measurement. Owner/Agent.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.23

  • Property Type

    Commercial Sale

  • Property Sub Type

    Office

Price

  • Sales Price

    $3,500,000

  • Tax Amount

    20420.0

  • Zoning

    RMF-30

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Senior Community YN

    NO

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Location

County

Salt Lake

Elementary School

Middle School

High School

Listing Courtesy of Cory Waddoups , Investment Realty Advisors LLC

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Agent Summer Luke

Principal Broker | Realtor®

Summer Luke

Call Summer today to schedule a private showing.

(801) 882-3300

Summer@OnXrealty.com


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Graystone Professional Plaza is a professional office building located in the heart of Sugar House, just off I-80 and 1300 East, offering excellent accessibility in a highly desirable submarket. The property totals approximately 19,099 square feet and is comprised of 33 office suites leased to a mix of professional, medical, and service-oriented tenants on a full-service basis. The building maintained approximately 90% average occupancy in 2025 and is offered at a 5.6% in-place cap rate, with upside potential supporting a projected pro forma cap rate of 6.2%. Zoned RMF-35, the property presents an attractive opportunity for investors or owner-users seeking stable income in a premier location. Measurements are given as a courtesy only. Buyer advised to obtain independent measurement. Owner/Agent.

1174 E GRAYSTONE WAY

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