HUGE lot right next to the Kearns Park and Utah Olympic Oval. 1.44 acres of prime real estate, and the city has verbally stated an interest in rezoning the lot in order to develop a large mixed-use project on the lot. This could consist of retail spaces with apartments above, among other potential uses such as apartments only. The city is very open to applying the best use to this land for development. We can provide further details about potential approved plans and discussion with the city council upon request. With flexible zoning, a large and flat lot, and the prime location next to the Olympic Oval, this land is a developer's dream. Currently has two existing buildings totaling 11,000 square feet. These were previously used as youth living facilities.
Listed by:
Source:
Utah Real Estate
Date | Days Ago | Event | New Price |
---|---|---|---|
Feb 15, 2024 | 7 mos ago | Price decreased210,000 (4%) | $4,690,000 |
Dec 18, 2023 | 9 mos ago | New on market | $4,900,000 |