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2324 S Redwood Rd 3,421 SF Retail Building Salt Lake City, UT 84119 $1,200,000 ($350.77/SF)




INVESTMENT HIGHLIGHTS
- Prime West Valley Location Surrounded by Retailers and Industrial Users.
- Excellent Exposure from Redwood Road & Easy Freeway Access.
- Owner will Lease Back Approximately 750 RSF.
- Perfect Investment Opportunity for Owner/User.
- 30+ Parking Stalls Available. Owners Have a Clean Phase I.
- Currently Operating as a Dry Cleaner.
EXECUTIVE SUMMARY
This prime West Valley location is surrounded by a mix of retailers and industrial users, making it an ideal investment opportunity for an owner/user. Zoned C-2, the property offers the potential for a drive-thru and boasts excellent visibility from Redwood Road, along with convenient freeway access. With over 30 parking stalls available, the site is currently operating as a dry cleaner. The owner is willing to lease back approximately 750 RSF, and a clean Phase I environmental report is already in place.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
3,421 SF
Building Class
C
Year Built
1969
Price
$1,200,000
Price Per SF
$350.77
Tenancy
Single
Building Height
2 Stories
Building FAR
0.17
Lot Size
0.46 AC
Opportunity Zone
Yes
Zoning
C-2 - C-2 Zoning - See attached C-2 Approved Uses for Details.
Parking
30 Spaces (8.77 Spaces per 1,000 SF Leased)
Frontage
118’ on REDWOOD RD
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Express Cleaners Two
- Services
- -
- -
- -
TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
Express Cleaners Two | Services | - | - | - |
NEARBY MAJOR RETAILERS



PROPERTY TAXES
Parcel Number | 15-22-177-007-0000 | Improvements Assessment | $264,900 |
Land Assessment | $351,500 | Total Assessment | $616,400 |
PROPERTY TAXES
Parcel Number
15-22-177-007-0000
Land Assessment
$351,500
Improvements Assessment
$264,900
Total Assessment
$616,400
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2324 S Redwood Rd
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