Active

1492 PARK AVE

Park City UT, 84060

$4,395,000


$531.05 per sqft

Active

8,276 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.

1901662

MLS ID

September 22, 2023

Listed

February 16, 2024

Updated

Map

1492 PARK AVE
Park City UT, 84060

Interior Features

Total Stories

0


Interior Features

Refrigerator, Restroom: Private, Sprinkler System Fire, Video Camera(s)


Floor Description

Carpet, Hardwood, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.19 Acres


Exterior Features

Paved Parking


Roof

Wood

Other Property Details

Area Name

Park City; Deer Valley


Taxes

$10,361


Tax Frequency

Annually


Days on Market

141


Garage

No


Parking Total

0


View

No


County

Summit


Pool

No


Zoning

Commercial


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

2/10/2024

Price Change

$4,395,000

-9%

Courtesy of Engel & Volkers Park City

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 5:43 AM UTC, 2/16/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information deemed reliable but not guaranteed and should be independently verified. Properties may or may not be listed by the office/agent presenting the information. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jensen and Company  shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 Wasatch Front Regional MLS, Inc. All rights reserved.

Powered byLuxury Presence