- 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
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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