1174 E GRAYSTONE WAY Salt Lake City UT 84106

MLS# 2136948 • 77 Days on Market • Commercial Sale

1174 E Graystone Way Salt Lake City, UT 84106

$3,500,000

$/month |

Park
Subdivision
Snowbird
Ski Resort
Salt Lake City, UT
Town

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Listed By Investment Realty Advisors LLC, Cory Waddoups, 435-485-7070. | Data Source: © 2026 Wasatch Front Regional Multiple Listing Service, Inc.

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.

Property Details

Heating Forced Air
Cooling Central Air
Year Built 1962
Taxes $20,420

$3,500,000

$/month

Park
Subdivision
Snowbird
Ski Resort
Salt Lake City, UT
Town

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Point of Interest Map

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