Graystone Professional Plaza

1174 E Graystone Way, Salt Lake City, UT 84106

Property Information

  • For Sale $3,500,000
  • Property Type Office - General Office
  • Property Size 19,099 SF
  • Units 33
  • Lot Size 0.72 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1962
  • Year Renovated 2018
  • Date Updated May 11, 2026

Description

Professional office building in the heart of Sugar House, just off I-80 and 1300 East, offering excellent accessibility within a highly desirable submarket.Graystone Professional Plaza is a professional office building located in the heart of Sugar House, just off I-80 and 1300 East, offering excellent accessibility in a highly desirable submarket. The property totals approximately 19,099 square feet and is comprised of 33 office suites leased to a mix of professional, medical, and service-oriented tenants on a full-service basis. The building maintained approximately 90% average occupancy in 2025 and is offered at a 5.6% in-place cap rate, with upside potential supporting a projected pro forma cap rate of 6.2%. Zoned RMF-35, the property presents an attractive opportunity for investors or owner-users seeking stable income in a premier location. Measurements are given as a courtesy only. Buyer advised to obtain independent measurement. Owner/Agent.

Highlights

  • 19,099 SF building
  • 33 units
  • 90% occupancy
  • Zoned RMF-30

Contacts

Porter Criddle

Investment Realty Advisors

Location

Located at 1174 E Graystone Way, Salt Lake City, UT 84106, this property is part of the Sugar House neighborhood and Salt Lake City market.

Contact Listing Broker
Porter Criddle

Investment Realty Advisors

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