1174 E GRAYSTONE WAY, Salt Lake City, UT 84106
- $3,500,000
1174 E GRAYSTONE WAY, Salt Lake City, UT 84106
- $3,500,000
Description
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.
Address
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Address: 1174 E GRAYSTONE WAY
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City: Salt Lake City
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State/county: UT
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Zip/Postal Code: 84106
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Area: PARK
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Country: US
Details
Updated on February 12, 2026 at 11:48 pm-
Property ID 2136948
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Price $3,500,000
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Land Area 0.23 sqft
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Garage Size x x
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Year Built 1962
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Property Type Office, Commercial Sale
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Property Status Active
Additional details
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Listing Terms Cash, Conventional, Exchange, SBA
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Roof Asphalt
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Cooling Central Air
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Heating Forced Air
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Flooring Carpet, Hardwood, Tile
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County Salt Lake
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Property Type Commercial Sale