- For Sale $3,000,000
- Property Type Retail - Restaurant
- Units 0
- Lot Size 0.01 Acre
- Additional Rent Contact for pricing
- Date Updated Jul 3, 2024
Introducing a prime investment opportunity in the heart of downtown Salt Lake City! Nestled at 231-233 S Edison Street, this street retail property is part of the prestigious Warhol Lofts building, offering a seamless blend of commercial vibrancy and luxury living. Boasting a solid NNN lease, this property is a lucrative investment, generating $173,376.00 annually with 3% annual increases. The lease extends until November 30th, 2033, with the added benefit of four 5-year options to renew, ensuring long-term stability and profitability. Currently occupied by the esteemed Franklin Avenue Cocktails & Kitchen, known for its high-end cuisine and crafted cocktails, the tenant's guarantor brings a wealth of experience, owning multiple successful restaurants in downtown Salt Lake City. Whether you're seeking a reliable income stream or a strategic addition to your portfolio, this opportunity presents unmatched potential in one of Salt Lake City's most sought-after locations. Don't miss your chance to secure your stake in this thriving urban landscape! DO NOT DISTURB TENANT- Tours are available by appointment only.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
False
Contacts
Location
Getting Around
-
Walk Score ®
92/100
Walker's Paradise
-
Transit Score ®
70/100
Excellent Transit
-
Bike Score ®
91/100
Biker's Paradise
- City Salt Lake City, UT
- Neighborhood Central City
- Zip Code 84111
- Market Salt Lake City
Points of Interest
-
City Center
0.36 miles
-
Temple Square
0.58 miles
-
600 South (Under Construction)
0.64 miles
-
Arena
0.83 miles
-
900 East
1.08 miles
-
North Temple Bridge/Guadalupe
1.14 miles
-
University South Campus
2.46 miles
-
Fort Douglas
2.60 miles
-
Central Pointe
2.79 miles
-
300 East
2.89 miles
-
7 Eleven
0.30 miles
-
Chevron
0.60 miles
-
Sinclair Service Station
0.70 miles
-
Fast Break Gas
0.71 miles
-
Smith's Fuel Center
0.76 miles
-
ChargePoint
0.77 miles
-
Sinclair
0.78 miles
-
Mavrick
0.78 miles
-
Maverik
0.95 miles
-
Chevron
0.96 miles
-
Regent Street Parking Garage
0.23 miles
-
Library Square
0.31 miles
-
Peery Lot
0.45 miles
-
500 South Lot
0.46 miles
-
(Parking structure)
0.63 miles
-
Dealer Lot
0.65 miles
-
Summer Parking
0.90 miles
-
s
1.39 miles
-
Hell Canyon Trailhead
1.42 miles
-
Nate Wade Subaru Lot
1.53 miles
-
Roctaco
0.03 miles
-
Curry Up Now
0.05 miles
-
Este Pizza
0.05 miles
-
Copper Common
0.07 miles
-
Toasters
0.08 miles
-
The Copper Onion
0.08 miles
-
Taqueria 27
0.08 miles
-
Cancun Cafe
0.10 miles
-
MONARCA
0.12 miles
-
DP Cheesesteak
0.15 miles
-
Harmons City Creek
0.26 miles
-
Disney Store
0.33 miles
-
The Leo Store
0.36 miles
-
City Creek Center
0.37 miles
-
Macy's
0.39 miles
-
Nordstrom
0.47 miles
-
Shop-N-Go
0.63 miles
-
Smith's
0.66 miles
-
Ross
0.71 miles
-
Sprouts Farmers Market
0.72 miles
Frequently Asked Questions
How much does Franklin Ave Cocktails & Restaurant cost?
The space currently listed for sale at Franklin Ave Cocktails & Restaurant asks for $3,000,000.
What is the total square footage of Franklin Ave Cocktails & Restaurant?
Franklin Ave Cocktails & Restaurant totals 5,706 square feet.
Looking for more in-depth information on this property?
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.
Contact Listing Broker
Shad Selmos
KW Commercial | Salt Lake City
