Uptown Motel 2 Properties Offered at $2,300,000 in Salt Lake City, UT

The 10-room motel is situated in a high density, high traffic location just minutes from Utah's' epicenter and downtown Salt Lake City. The property allows quick access to I-15, public transportation, 13th South Trax Station, Front Runner, multiple gas stations, restaurants, and bars making this an ideal location for travelers. Zoned in the Commercial Corridor of the Liberty Wells Historic District, this provides a fantastic Investment or development opportunity. Two separate parcels are available for purchase (please note: list price is for 1185 S State, NOT 1169 S State): The Uptown Motel, 1185 S State Street, sits on 0.25 an acres and totals 4,975 square feet -this includes 10 private suites, 3 private rooms with a shared common area kitchen, office, and storage. The motel houses an onsite coin-operated laundry facility. The property has been cared for by the onsite property manager. Parcel #2, 1169 S State Street, is an 1100-square foot single family home priced at $400,000.00 and sits on an additional 0.12 acre . The house has been converted to commercial use and is currently occupied by a tenant. Rent-Roll available upon request by qualified buyers only. Please contact the listing broker for further information or to schedule a private tour as both properties are currently occupied. Please do not disturb patrons or staff. All tours will be scheduled after the potential buyer's financials have been reviewed. Investment income is available upon request from qualified buyers.