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4554 Forestdale Dr
Park City, UT 84098

$1,995,000 USD

Light Manufacturing Condo For Sale  •  3,946 SF

Property Details

  • Property Type Light Manufacturing
  • Total Building Size 3,946 SF
  • Lot Size 0.04 AC
  • Building Class A
  • Year Built 2019
  • Cap Rate 5.00 %
  • Tenancy Multiple
  • Zoning LI
20 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 16 Flex 3,946 SF $1,995,000 USD
  • Unit Size: 3,946 SF
  • Condo Use: Flex
  • Price: $1,995,000 USD
  • Sale Type: Investment
  • Price/SF: $505.58 USD
Sale Notes
Whether you're looking for dependable investment income today or a headquarters that can evolve with your business tomorrow, this is a rare opportunity to own one of Park East II's premier commercial condominiums in the heart of Park City. Currently leased to an established local tenant with a proven five-year NNN lease history and renewal options, the property delivers immediate cash flow while preserving future flexibility for an owner-user or investor. Inside, nearly 4,000 square feet spans three thoughtfully designed levels that can adapt as your needs change. The expansive main floor features soaring ceilings, an oversized 14-foot garage door, and an open layout ideal for everything from showroom space and light industrial use to creative offices or specialty storage. The lower level provides generous room for offices, production, inventory, or client-facing workspace, while the private upper-level office opens to a rooftop deck overlooking protected open space with views of Deer Valley's Bald Mountain—an inspiring setting for meetings or a quiet place to recharge. Unlike many commercial spaces, the absence of load-bearing interior walls allows the layout to be reconfigured with minimal renovation costs, giving you the flexibility to grow, reposition, or customize the space over time. Located within Park East II, a thriving commercial community home to law firms, architects, financial advisors, designers, builders, technology companies, and collectors of luxury automobiles, boats, and RVs, this property offers more than 40 permitted uses in one of Park City's fastest-growing business corridors. Whether your goal is stable income, long-term appreciation, or securing a versatile space for your future business, opportunities like this are increasingly difficult to find.

Highlights

Premier commercial condominium in the Park East II development.
Existing tenant in place with NNN lease history providing immediate income.
Main floor includes oversized 14-foot drive-in door and high-clearance ceilings.
Flexible configuration suitable for showroom, office, warehouse, storage, or production uses.
Lower level provides substantial additional workspace and storage capacity.
Upper-level executive office or conference room.
Cap Rate: 5.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Motion Physical Therapy

Public Transportation

AirportDriveWalkDistance
Salt Lake City International 45 min - 36.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 2
Type: Surface
Included in Rent: Yes
Jonathan Crosswhite 435-659-4757 Flex Space - Mixed Use Development
Jonathan Crosswhite 435-659-4757 Flex Space - Mixed Use Development