- For Sale $2,800,000
- Property Type Retail - Restaurant
- Units 0
- Lot Size 0.01 Acre
- Additional Rent Contact for pricing
- Date Updated Nov 21, 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.
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Contacts
Location
Getting Around
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Walk Score ®
92/100
Walker's Paradise
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Transit Score ®
70/100
Excellent Transit
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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
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Library
0.26 miles
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City Center
0.36 miles
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Temple Square
0.58 miles
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600 South
0.64 miles
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Trolley
0.74 miles
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Arena
0.83 miles
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Old GreekTown
1.05 miles
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North Temple Bridge/Guadalupe
1.10 miles
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Ballpark
1.60 miles
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Stadium
1.81 miles
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Sinclair
0.30 miles
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7-Eleven
0.31 miles
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ChargePoint
0.40 miles
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Maverik
0.53 miles
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Chevron
0.60 miles
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Fast Break Gas
0.71 miles
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Smith's Fuel Center
0.76 miles
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Spin
2.18 miles
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Tesla Supercharger
2.75 miles
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Tesla Supercharger South Salt Lake City
3.02 miles
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Regent Street Parking Garage
0.23 miles
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Eagle Gate Terrace
0.31 miles
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Peery Lot
0.45 miles
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500 South Lot
0.46 miles
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600 Lofts
0.57 miles
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Employee Only Garage Entrance
0.60 miles
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(Parking structure)
0.63 miles
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Curry Fried Chicken Parking
0.65 miles
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Whole Foods Market
0.86 miles
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s
1.39 miles
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Roctaco
0.03 miles
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Laziz Kitchen
0.05 miles
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Este Pizza
0.05 miles
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Hot Buns
0.06 miles
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Copper Common
0.07 miles
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Toasters
0.08 miles
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The Copper Onion
0.08 miles
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Taqueria 27
0.08 miles
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La Cevicheria
0.10 miles
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Monarca
0.12 miles
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Harmons City Creek
0.25 miles
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The Leo Store
0.36 miles
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City Creek Center
0.37 miles
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Macy's
0.38 miles
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Nordstrom
0.47 miles
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Shop-N-Go
0.63 miles
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Smith's Marketplace
0.66 miles
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Ross
0.71 miles
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Sprouts Farmers Market
0.72 miles
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Trader Joe's
0.78 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 $2,800,000.
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?
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Contact Listing Broker
Shad Selmos
KW Commercial | Salt Lake City
