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$ 19,250,000
Est. payment | /mo
18,500 SqFt
$ 19,250,000
Est. payment | /mo
18,500 SqFt
Key Details
Property Type Commercial
Sub Type Restaurant,Bar/Tavern/Lounge,Professional/Office,Retail
Listing Status Active
Purchase Type For Sale
Square Footage 18,500 sqft
Price per Sqft $1,040
MLS Listing ID 12404962
Style Historical,Multi-Story
Year Built 1889
Annual Tax Amount $54,155
Tax Year 2023
Acres 0.06
Property Description
Prime Location: Situated on historic Main Street in Park City, offering unparalleled visibility and foot traffic.Proven Income Potential: Strong rental history and income generation, ideal for investors seeking robust returns.Historic Charm: Character-rich building with unique architectural features, blending old-world charm with modern amenities.Versatile Use: Zoned Historic Commercial Business, accommodating retail, dining, and second floor office catering to diverse tenant needs.Scenic Views: Stunning vistas of Park City's renowned mountain landscapes, enhancing property appeal and value.Accessibility: Convenient access to ski resorts, outdoor activities, and urban conveniences, ensuring year-round tenant and visitor engagement.Investment Growth: Located in a thriving tourist destination, with consistent property appreciation and economic stability.Renovation Potential: Opportunity to customize and enhance property value through strategic updates and renovations.Community Hub: Integral part of Park City's vibrant community, fostering a dynamic and engaging business environment.Turnkey Operation: Fully operational with existing leases, providing immediate income generation for investors.Rooftop Deck: Potential opportunity for rooftop deck expansion. Seller can provide architectural plans and previously obtained quotes.
Location
State UT
County Summit
Area 01 - Old Town
Zoning HCB
Interior
Heating Furnace - Energy Star Rated
Cooling Central Air
Heat Source Furnace - Energy Star Rated
Exterior
Exterior Feature Wood Siding
Utilities Available Phone Available, 220 Volt Power, High Speed Internet Available, Natural Gas Connected, Electricity Connected
Roof Type Metal
Building
Foundation Concrete Perimeter, Slab
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID Pc-275
Listed by BHHS Utah Properties - SV