Investment Realty Advisors LLC
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.
Address
Open on Google Maps- Address 1174 E GRAYSTONE WAY,
- City Salt Lake City,
- Zip/Postal Code 84106
- Area US,
Details
Updated on 2026/02/12 23:48:02 pm- Property ID: 2136948
- Price: $3500000
- Property Size: Sq Ft
- Year Built: 1962
- Property Type: Office
- Property Status: Active
- Style:
Additional details
- Brokerage Commission:
- Zoning: RMF-30
- Total Bathrooms:
- Lot Size In Acres: 0.23
- Total Bedrooms:
- Equipment:
School Details
- Elementary School :
- Elementary School District :
- High School :
- High School District :
- Middle School :
- Middle School District:
Features
Interior Features Include
Inclusions
Exterior Features Include
Mortgage Calculator
- Principal & Interest $4,849.00
- Property Tax $250.00
- Home Insurance $83.33
- PMI $1,000.00
