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Office

Prospector Square Office

1745 Sidewinder Dr, Park City, UT 84060

Listing Price: $4,100,000

Cap Rate
1.00%
Gross SF
9,190
Rentable SF
9,190
Price/Gross SF
$446.14
Lot Size
0.17 acres
Year Built
1994

Investment Overview

The Lee & Helm Group is excited to bring to market the Prospector Square Office property in the most attractive area of the state, Park City. Built-in 1994 and renovated in 2008, the 9,190 sqft office building has been owned and occupied by a long-standing Law Firm for the past 10+ years. The building sits in the corner of the Prospector Square Development. The location of this property would work great as an investment property or as an owner user. The two-story building has been used by one company but could easily be divided into smaller spaces and leased by several different companies. Along with that, the property is zoned as General Commercial, meaning that with the proper permissions, this building could possibly be repurposed into multifamily. Development opportunities are scarce in the area, making this property truly irreplaceable. The area will continue to attract people looking for easy access to the countless outdoor activities available in and around Park City. The City is also building a brand-new Arts and Culture District just across the street. The neighborhood center will be a place where locals and visitors from all over can gather and collaborate around music, food, and more.

Investment Highlights

  • • The Property is located in a very desirable area
  • • Office could be used as an investment or owner-user
  • • Building can be divided up into smaller spaces easily and leased up
  • • Zoned GC and could potentially be turned into Multi-family housing
  • • New Art and Culture district being built across the street

Exclusively Listed By

Office

Prospector Square Office

Listing Price: $4,100,000

Cap Rate
1.00%
Gross SF
9,190
Rentable SF
9,190
Price/Gross SF
$446.14
Lot Size
0.17 acres
Year Built
1994

Investment Highlights

  • • The Property is located in a very desirable area
  • • Office could be used as an investment or owner-user
  • • Building can be divided up into smaller spaces easily and leased up
  • • Zoned GC and could potentially be turned into Multi-family housing
  • • New Art and Culture district being built across the street

Investment Overview

The Lee & Helm Group is excited to bring to market the Prospector Square Office property in the most attractive area of the state, Park City. Built-in 1994 and renovated in 2008, the 9,190 sqft office building has been owned and occupied by a long-standing Law Firm for the past 10+ years. The building sits in the corner of the Prospector Square Development. The location of this property would work great as an investment property or as an owner user. The two-story building has been used by one company but could easily be divided into smaller spaces and leased by several different companies. Along with that, the property is zoned as General Commercial, meaning that with the proper permissions, this building could possibly be repurposed into multifamily. Development opportunities are scarce in the area, making this property truly irreplaceable. The area will continue to attract people looking for easy access to the countless outdoor activities available in and around Park City. The City is also building a brand-new Arts and Culture District just across the street. The neighborhood center will be a place where locals and visitors from all over can gather and collaborate around music, food, and more.

Exclusively Listed By

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