List Search

1174 E Graystone Way
Salt Lake City, UT 84106 Sugar House

$3,500,000 USD

Office Condo For Sale  •  19,099 SF

Property Details

  • Property Type Office
  • Total Building Size 29,101 SF
  • Lot Size 1.1 AC
  • Building Class C
  • Year Built 1962
  • Tenancy Multiple
  • Zoning RMF-30
40 Transit Score
60 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 1174 Office 19,099 SF $3,500,000 USD
  • Unit Size: 19,099 SF
  • Condo Use: Office
  • Price: $3,500,000 USD
  • Sale Type: Investment
  • Price/SF: $183.26 USD
Sale Notes
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 32 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.

Property Flyers

Amenities

  • 24 Hour Access
  • Security System
  • Skylights
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Salt Lake Central Station (FrontRunner North - Utah Transit Authority (UTA), TRAX Salt Lake/Sandy Line - Utah Transit Authority (UTA), TRAX University Line - Utah Transit Authority (UTA)) 13 min - 7.6 mi
AirportDriveWalkDistance
Salt Lake City International 17 min - 12.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 44
Type: Surface
Included in Rent: Yes
Porter Criddle 801-747-9502 Investment Realty Advisors
Porter Criddle 801-747-9502 Investment Realty Advisors