Park City, UT 84060,1492 PARK AVE
Park City, UT 84060,1492 PARK AVE
Park City, UT 84060,1492 PARK AVE
Park City, UT 84060,1492 PARK AVE
Park City, UT 84060,1492 PARK AVE
Park City, UT 84060,1492 PARK AVE
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$3,925,000

$4,395,000

10.7%
Est.Price: ?

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Est. payment /mo

8,276 Sqft Lot


SOLD DATE : 10/18/2024

Key Details

Sold Price $3,925,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Subdivision Park Avenue Subdivis

MLS Listing ID 1901662

Sold Date 10/18/24

Construction Status Blt./Standing

HOA Y/N No

Year Built 1989

Annual Tax Amount $10,361

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 0.0x0.0x0.0

Property Description

Located in Historic Old Town, this office building is a rare find in the heart of Park City, UT. Already fully tenant-occupied, this opportunity presents an immediate income potential for prospective buyers. The building was expertly reimagined and underwent extensive renovations in 2013, making it a stand-alone gem for your investment portfolio or as a distinguished location for a family office. The building currently is set up with three sophisticated tenant suites, each crafted with meticulous attention to detail to offer an inviting ambiance that provides productivity and collaboration, making it a conducive environment for various working needs. Eliminate the hassle of finding parking in the bustling Old Town with 12 dedicated parking spots available exclusively for this property. The building offers a prime location offering ultimate convenience. Just a short walk away from world-class skiing slopes, appealing to winter sports enthusiasts. Its proximity to the historic Main Street, known for its eclectic blend of boutiques, dining options, galleries, and entertainment venues, adds immense value. Moreover, two bus stations located right at the doorstep of the building ensure seamless connectivity throughout the city. The surrounding amenities, including chic cafes, renowned restaurants, fitness centers, and recreational areas, provide immediate access to conveniences, making it a perfect balance between work and leisure. Invest in a unique combination of historical charm and contemporary luxury with this remarkable office opportunity in Park City. Whether you're an investor looking to diversify your portfolio or a business wanting to establish a prestigious address, this property promises unparalleled value.

Location

State UT

County Summit

Area Park City; Deer Valley

Zoning Commercial

Interior

Interior Features Refrigerator, Restroom: Private, Sprinkler System Fire, Video Camera(s)

Heating Forced Air

Cooling Central Air

Flooring Carpet, Hardwood, Tile

Fireplace false

Window Features Blinds,Shades

Exterior

Exterior Feature Paved Parking

Utilities Available Paid By Landlord

Waterfront No

View Y/N No

Roof Type Wood

Present Use Office

Accessibility Accessible Elevator Installed, Fully Accessible

Private Pool false

Building

New Construction No

Construction Status Blt./Standing

Others

Senior Community No

Tax ID 1492-PA-1

Acceptable Financing Cash, Conventional

Horse Property Yes

Listing Terms Cash, Conventional

Financing Cash

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Listed by Engel & Volkers Park City
Bought with Engel & Volkers Park City
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P.O. Box 296, Paradise, Utah, 84328, United States

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