Franklin Ave Cocktails & Restaurant

231 South Edison Street, Salt Lake City, UT 84111

  • For Sale $2,800,000
  • Property Type Retail - Restaurant
  • Units 0
  • Lot Size 0.01 Acre
  • Additional Rent Contact for pricing
  • Date Updated Dec 24, 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

Contacts

broker
Shad Selmos

KW Commercial | Salt Lake City

Location

Getting Around

  • Walk Score ®

    92/100 Walker's Paradise

  • Transit Score ®

    70/100 Excellent Transit

  • Bike Score ®

    91/100 Biker's Paradise
Powered by Walk Score ®
  • City Salt Lake City, UT
  • Neighborhood Central City
  • Zip Code 84111
  • Market Salt Lake City

Points of Interest

  • Library

    0.26 miles

  • City Center

    0.36 miles

  • Temple Square

    0.58 miles

  • 600 South

    0.64 miles

  • Trolley

    0.74 miles

  • Arena

    0.83 miles

  • Old GreekTown

    1.05 miles

  • North Temple Bridge/Guadalupe

    1.10 miles

  • Ballpark

    1.60 miles

  • Stadium

    1.81 miles

  • Sinclair

    0.30 miles

  • 7-Eleven

    0.31 miles

  • ChargePoint

    0.40 miles

  • Maverik

    0.53 miles

  • Chevron

    0.60 miles

  • Fast Break Gas

    0.71 miles

  • Smith's Fuel Center

    0.76 miles

  • Spin

    2.18 miles

  • Tesla Supercharger

    2.75 miles

  • Tesla Supercharger South Salt Lake City

    3.02 miles

  • Regent Street Parking Garage

    0.23 miles

  • Eagle Gate Terrace

    0.31 miles

  • Peery Lot

    0.45 miles

  • 500 South Lot

    0.46 miles

  • 600 Lofts

    0.57 miles

  • Employee Only Garage Entrance

    0.60 miles

  • (Parking structure)

    0.63 miles

  • Curry Fried Chicken Parking

    0.65 miles

  • Whole Foods Market

    0.86 miles

  • s

    1.39 miles

  • Roctaco

    0.03 miles

  • Laziz Kitchen

    0.05 miles

  • Este Pizza

    0.05 miles

  • Hot Buns

    0.06 miles

  • Copper Common

    0.07 miles

  • Toasters

    0.08 miles

  • The Copper Onion

    0.08 miles

  • Taqueria 27

    0.08 miles

  • La Cevicheria

    0.10 miles

  • Monarca

    0.12 miles

  • Harmons City Creek

    0.25 miles

  • The Leo Store

    0.36 miles

  • City Creek Center

    0.37 miles

  • Macy's

    0.38 miles

  • Nordstrom

    0.47 miles

  • Shop-N-Go

    0.63 miles

  • Smith's Marketplace

    0.66 miles

  • Ross

    0.71 miles

  • Sprouts Farmers Market

    0.72 miles

  • 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
broker
Shad Selmos

KW Commercial | Salt Lake City