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Key Details
Sold Price $3,925,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Subdivision Park Avenue Subdivis
MLS Listing ID 1901662
Sold Date 10/18/24
Construction Status Blt./Standing
HOA Y/N No
Year Built 1989
Annual Tax Amount $10,361
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 0.0x0.0x0.0
Property 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.
Location
State UT
County Summit
Area Park City; Deer Valley
Zoning Commercial
Interior
Interior Features Refrigerator, Restroom: Private, Sprinkler System Fire, Video Camera(s)
Heating Forced Air
Cooling Central Air
Flooring Carpet, Hardwood, Tile
Fireplace false
Window Features Blinds,Shades
Exterior
Exterior Feature Paved Parking
Utilities Available Paid By Landlord
Waterfront No
View Y/N No
Roof Type Wood
Present Use Office
Accessibility Accessible Elevator Installed, Fully Accessible
Private Pool false
Building
New Construction No
Construction Status Blt./Standing
Others
Senior Community No
Tax ID 1492-PA-1
Acceptable Financing Cash, Conventional
Horse Property Yes
Listing Terms Cash, Conventional
Financing Cash
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Bought with Engel & Volkers Park City