Address
1174 E Graystone Way, Salt Lake City, UT
Price
$ 3,500,000
Property Attributes
- MLS#2136948
- TypeCommercial
- Listing Status Active
- CountySALT LAKE
- CitySalt Lake City
- AreaSalt Lake City
- NeighborhoodPARK
- Zip84106
- Style
- Year Built1962
- Taxes$ 20420
- Price$ 3,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage19099
- Lot Size0.23 Acres
Data Source:
Wasatch Front Regional MLS (WFRMLS)
Property Description
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.
| Price History | |
|---|---|
| 2/12/2026 | Listed $3,500,000 |
General Features
| Heating | Forced Air |
|---|---|
| Cooling | Central Air |
| Roof | Asphalt |
| Zoning | Multi-Family,Commercial |
| Security Features | Security System |
| Year Built | 1962 |
| Property Subtype | Office |
| Current Use | Office |
| County | Salt Lake |
| New Construction | No |
| Property Type | Commercial Sale |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | PARK |
| Garage Y/N | No |
| Status | Active |
| City | Salt Lake City |
| Senior Community Y/N | No |
| Zoning Description | RMF-30 |
| MLS Area | Salt Lake City; So. Salt Lake |
| Lot Size Units | Acres |
| Lot Size Square Feet | 10018.8 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional,Exchange,SBA |
| Property Attached Y/N | No |
| Tax Annual Amount | 20420.0 |
| Home Warranty Y/N | No |
| Property Condition | Blt./Standing |
| Lease Considered Y/N | No |
| Living Area Units | Square Feet |
| Standard Status | Active |
| PostalCity | Salt Lake City |
| ADU | No |
Interior Features
| Interior Amenities | Alarm: Security,Basement,Refrigerator,Restroom: Public |
|---|---|
| Flooring | Carpet,Hardwood,Tile |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Window Features | Blinds |
| Fireplace Y/N | No |
Exterior Features
| Lot Size Area | 0.23 |
|---|---|
| Spa | No |
| Building Area Total | 19099.0 |
| Lot Dimensions | 0.0x0.0x0.0 |
| Lot Size Acres | 0.23 |
| Frontage Length | 0.0 |
| Private Pool | No |
| Waterfront Y/N | No |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 84106
Price
Taxes
Year Built
Visits
The multiple listing information is provided by Park City Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Park City Board of Realtors®, All Rights Reserved. Access to the multiple listing information through this website is made available by Keller Williams Park City Real Estate as a member of the Park City Board of Realtors® multiple listing service.
Wasatch Front Regional MLS - Salt Lake Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties
Washington County Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be
Iron County MLS® (ICBOR) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
