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    12210 S 700 E

    Draper, UT 84020
    • $699,300
    • STATUS: Active
    • ON SITE: 55 days
    • ID#: 1667129
    UPDATED: 50 min ago
    $699,300
    • 0
      BEDS
    • 0.39
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    2020
    County:

    School Ratings & Info

    Description

    Incredibly rare Draper multi-family, mixed-use development; investment/partnership/1031 opportunity! City-approved, 11-unit apartment building (five-2BR units, six-1BR units), with a management office that can be rented as an office space or, with city approval, could serve as an additional rental unit. Plus, a separate 7,000 sq. ft. commercial building approved on the highly desirable corner of 12200 S. 700 E. in Draper's core business district. Drawings for apartments complete, site plan approved, building permit approval imminent. Owner/agent intended to develop for personal portfolio. Considering multiple purchase/partnership options. 1: Purchase entire project; $1,219,050. 2: Purchase and develop commercial corner separately, $699,300. 3: Purchase and develop approved residential portion of project, $624,750. 4: Purchase 49% ownership of entire project, develop as a partnership for $597,335. Details of all purchase/partnership, commission options negotiable. Call Clayton at (801) 971-3441 to discuss.

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    Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2020-06-05T13:36:21.51. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
    www.redsign.com/homes/104963085

    12210 S 700 E Draper, UT 84020

    • Price: $699,300
    • Status: Active
    • Updated: 50 min ago
    • ID#: 1667129
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.39
    Acres
    2020
    Built
    Neighborhood:
    Sandy; Draper; Granite; Wht Cty
    County:
    Salt Lake
    Area:
    Sandy; Draper; Granite; Wht Cty
    Property Description
    Incredibly rare Draper multi-family, mixed-use development; investment/partnership/1031 opportunity! City-approved, 11-unit apartment building (five-2BR units, six-1BR units), with a management office that can be rented as an office space or, with city approval, could serve as an additional rental unit. Plus, a separate 7,000 sq. ft. commercial building approved on the highly desirable corner of 12200 S. 700 E. in Draper's core business district. Drawings for apartments complete, site plan approved, building permit approval imminent. Owner/agent intended to develop for personal portfolio. Considering multiple purchase/partnership options. 1: Purchase entire project; $1,219,050. 2: Purchase and develop commercial corner separately, $699,300. 3: Purchase and develop approved residential portion of project, $624,750. 4: Purchase 49% ownership of entire project, develop as a partnership for $597,335. Details of all purchase/partnership, commission options negotiable. Call Clayton at (801) 971-3441 to discuss.
    Exterior Features

    Length In Feet Of Back Of Property 0.0 Length In Feet Of Front Of Property 150.0 Length In Feet Of Side Of Property 150.0

    Interior Features

    Office Sq Ft Maximum For Lease 7000

    Property Features

    Capitalization Rate 0.00 Commercial Property Type Office Construction Status To Be Built Lease Terms From 1800-01-01 Lease Terms To 1800-01-01 Owner Type Owner/Agent Parking Ratio 4 Sublease From 1800-01-01 Sublease To 1800-01-01 Taxes 1

    Listing provided courtesy of Troika Real Estate. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2020 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


    Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2020-06-05T13:36:21.51. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
     
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