1492 Park Avenue, Park City, UT 84060
$4,395,000
Property Type:
Commercial Sale
Square Footage:
6,426
Lot Size (sq. ft.):
8,276
Status:
Active
Current Price:
$4,395,000
List Date:
9/22/2023
Last Modified:
4/19/2024
Description
Located in Historic Old Town, this office building is a rare find in the heart of Park City, UT. Already fully tenant-occupied, this opportunity presents an immediate income potential for prospective buyers. The building was expertly reimagined and underwent extensive renovations in 2013, making it a stand-alone gem for your investment portfolio or as a distinguished location for a family office. The building currently is set up with three sophisticated tenant suites, each crafted with meticulous attention to detail to offer an inviting ambiance that provides productivity and collaboration, making it a conducive environment for various working needs. Eliminate the hassle of finding parking in the bustling Old Town with 12 dedicated parking spots available exclusively for this property.
The building offers a prime location offering ultimate convenience. Just a short walk away from world-class skiing slopes, appealing to winter sports enthusiasts. Its proximity to the historic Main Street, known for its eclectic blend of boutiques, dining options, galleries, and entertainment venues, adds immense value. Moreover, two bus stations located right at the doorstep of the building ensure seamless connectivity throughout the city. The surrounding amenities, including chic cafes, renowned restaurants, fitness centers, and recreational areas, provide immediate access to conveniences, making it a perfect balance between work and leisure. Invest in a unique combination of historical charm and contemporary luxury with this remarkable office opportunity in Park City. Whether you're an investor looking to diversify your portfolio or a business wanting to establish a prestigious address, this property promises unparalleled value.
More Information MLS# 12303483
Location Information
Street Number: 1492
Street Name: Park
Street Suffix: Avenue
State/Province: UT
Zip Code: 84060
County: Summit
Geographic Area: Park City
Major Area: Park City Limits
Area: 01 - Old Town
Contract Info
PC Soil Ordinance: No
PID - Public Infrastructure District: No
Date Listing Effective: 2023-09-22
List Price: $4,395,000
Current Price: $4,395,000
List Price/SqFt: 683.94
Listing & Compensation
Owner is Licensee: No
Property Info
Tax ID: 1492-Pa-1
Apx Taxes: 10361
Tax Year: 2022
Building Name: CLA
Construction New: No
Construction Status: Complete
Apx Year Built: 1989
Apx Year Remodeled: 2013
Size of Building/Office/Lot
Apx SqFt Total: 6426
Apx Sqft Warehouse Space: 6426
Source of Measurements: Public Records
Apx Lot Size (SqFt): 8276
Apx Acres: 0.19
Source of Lot Measurements: Public Records
Remarks & Misc
Remarks - Public Headline: Prime Office in the Heart of Park City, UT
Remarks - Public: Located in Historic Old Town, this office building is a rare find in the heart of Park City, UT. Already fully tenant-occupied, this opportunity presents an immediate income potential for prospective buyers. The building was expertly reimagined and underwent extensive renovations in 2013, making it a stand-alone gem for your investment portfolio or as a distinguished location for a family office. The building currently is set up with three sophisticated tenant suites, each crafted with meticulous attention to detail to offer an inviting ambiance that provides productivity and collaboration, making it a conducive environment for various working needs. Eliminate the hassle of finding parking in the bustling Old Town with 12 dedicated parking spots available exclusively for this property.
The building offers a prime location offering ultimate convenience. Just a short walk away from world-class skiing slopes, appealing to winter sports enthusiasts. Its proximity to the historic Main Street, known for its eclectic blend of boutiques, dining options, galleries, and entertainment venues, adds immense value. Moreover, two bus stations located right at the doorstep of the building ensure seamless connectivity throughout the city. The surrounding amenities, including chic cafes, renowned restaurants, fitness centers, and recreational areas, provide immediate access to conveniences, making it a perfect balance between work and leisure. Invest in a unique combination of historical charm and contemporary luxury with this remarkable office opportunity in Park City. Whether you're an investor looking to diversify your portfolio or a business wanting to establish a prestigious address, this property promises unparalleled value.
Status Change Info
Status: Active
Parking Type
Parking Spaces: 13
Property Features
Terms Offered: Cash; Conventional
Business Type: See Remarks; Other
Sale Includes: Building; Equipment; Furniture & Fixtures; Land
Building Style: Multi-Story; Traditional; Updated/Remodeled
Exterior: Frame; Stucco; Wood Siding
Foundation: Concrete Perimeter; Slab
Roof: Shingle
Utilities: Electricity Connected; See Remarks; Other
Transportation: Bus Service; Road - Paved; Sidewalk
Water: Public
Sewage: Public Sewer
Heating: Forced Air; Natural Gas
Cooling: Central Air
Equipment: Computer Network - Prewired; Fire Pressure System; Security System; Smoke Alarm; Thermostat - Programmable; Water Heater - Gas
Parking Type: Assigned; Private
Features: Elevator; Employee Lockers/Shower; Restrooms - Public
Included in CAM: Common Area Maintenance; Electricity; Heat; Insurance; Janitorial Services; Maint/Repairs Exterior; Maint/Repairs Interior; Sewer; Snow Removal; Taxes; Trash; Water
Listing Office: Engel & Volkers Park City
Last Updated: April - 19 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Broker Attribution:
435-640-7441
The multiple listing information is provided by the Park City MLS, Inc., from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2022 Park City MLS, Inc. All Rights Reserved. Access to the multiple listing information through this website is made available by the listing broker as a member of the Park City Multiple Listing Service, Inc.