Property Facts
Introducing a prime investment opportunity in the heart of downtown Salt Lake City! Nestled at 231-233 S Edison Street, this street retail property is part of the prestigious Warhol Lofts building, offering a seamless blend of commercial vibrancy and luxury living. Boasting a solid NNN lease, this property is a lucrative investment, generating $173,376.00 annually with 3% annual increases. The lease extends until November 30th, 2033, with the added benefit of four 5-year options to renew, ensuring long-term stability and profitability. Currently occupied by the esteemed Franklin Avenue Cocktails & Kitchen, known for its high-end cuisine and crafted cocktails, the tenant's guarantor brings a wealth of experience, owning multiple successful restaurants in downtown Salt Lake City. Whether you're seeking a reliable income stream or a strategic addition to your portfolio, this opportunity presents unmatched potential in one of Salt Lake City's most sought-after locations. Don't miss your chance to secure your stake in this thriving urban landscape!
Misc. Overview
No
SE
WARHOL LOFTS
Blt./Standing
No
No
Property Features
Retail Features
Other Features
Investment
Property Size
Schools
Designated Schools
Nearby Schools
| GreatSchools Rating | School Name | Grades | Distance |
|---|---|---|---|
| Salt Lake Virtual School Public Middle School, High School |
7-12 | 0.45 mi | |
| Salt Lake Virtual Elementary Public Elementary, Middle School |
K-8 | 0.45 mi | |
| K12 International Academy Private Elementary, Middle School, High School |
K-12 | 0.42 mi | |
| The Keystone School Private Middle School, High School |
6-12 | 0.42 mi | |
| Salt Lake District Preschool, Elementary, Middle School, High School |
0.45 mi | ||
| Madeleine Choir School Private Preschool, Elementary, Middle School |
PK-8 | 0.50 mi | |
| City Academy Charter Middle School, High School |
7-12 | 0.61 mi | |
| Odyssey House Childrens Services (YIC) Public Middle School, High School |
7-12 | 0.68 mi | |
| Open Classroom Charter Preschool, Elementary, Middle School |
PK | 0.70 mi | |
| Salt Lake Arts Academy Charter Elementary, Middle School |
5-8 | 0.91 mi | |
| Salt Lake Center for Science Education Bryant Public Middle School |
7-8 | 0.95 mi | |
| Miss Billies Kids Kampus Private Preschool, Elementary |
PK-K | 1.02 mi | |
| M Lynn Bennion School Public Preschool, Elementary |
PK | 1.04 mi | |
| West High School Public Middle School, High School |
7-12 | 1.05 mi | |
| Rowland Hall Secondary Private Preschool, Elementary, Middle School, High School |
PK-12 | 1.10 mi |
School data provided by GreatSchools.
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Listing Broker
KW Salt Lake City Keller Williams Real Estate
1245 E Brickyard Rd
#500
Salt Lake City, UT 84106
801-326-8800