Active

1492 Park Avenue

Park City UT, 84060

$4,395,000


$683.94 per sqft

Active

6,426 sqft

Commercial

Built in 1989

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.

12303483

MLS ID

September 22, 2023

Listed

April 19, 2024

Updated

Map

1492 Park Avenue
Park City UT, 84060

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Lot Size

0.19 Acres


Architectual Style

Traditional


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Area Name

Park City Limits


Taxes

$10,361


Tax Frequency

Annually


Days on Market

210


Garage

No


Parking

Assigned, Private


View

No


County

Summit


Water Source

Public


Pool

No

Listing History

Date

Event

Price

2/10/2024

Price Change

$4,395,000

-9%

 Courtesy of Engel & Volkers Park City, Paul R Benson - 435-640-7441 

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The multiple listing information is provided by UT - Park City Board of REALTORS (PCBR) from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 UT - Park City Board of REALTORS (PCBR), All Rights Reserved. Access to the multiple listing information through this website is made available by Jensen and Company as a member of the UT - Park City Board of REALTORS (PCBR) multiple listing service.

http://www.parkcityboard.org/

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