Active
5934 S COUGAR LN #5934
Salt Lake City UT, 84118
$3,969,000
Active
Commercial
Built in 1979
JUST LISTED! The Salt Lake City, Utah Winter Olympics 2034 coming, this rare 1.44 Acre property next to the Olympic Oval Venue & the South Valley Regional Airport, is a Prime Development Opportunity for potential Mixed Use, Commercial, Hotel, Multifamily, STR, Athlete Training, etc! Income Producing Rental Income while you develop the property! Property was previously rented for $11,500 per month, but is currently undergoing some improvements. *Currently Zoned Multi Family Dwelling (2-4 Unit)Building. With flexible zoning options and city interest in rezoning, and several plans already drawn up, this property is ideal for a MIXED-USE PROJECT, potentially incorporating Commercial Retail Spaces with Residential Units above, or a full Multi-Family Residential Development. *There are Drawings and talk with the city and Kearns City Council of podium style building with 6 commercial units below and 28 apartments above. (See Attachments). This flat, expansive lot currently includes two existing buildings at 5934 S & 5930 S, each approximately 4,215 square feet, totaling around 8,430 square feet. *Also includes two large storage buildings with basements. Don't miss this rare chance to bring a high-impact project to an area eager for growth. *Further details on city discussions and potential approved plans are available upon request. Owner agent. #investmentproperty #developers #saltlakecity2023 #Olympics #investors #realestateinvesting #olympicoval #utaholympicpark #utaholympicoval
2047409
MLSⓇ ID
November 14, 2024
Listed
November 23, 2024
Updated
Map
5934 S COUGAR LN #5934
Salt Lake City UT, 84118
Interior Features
Total Stories
0
Interior Features
Dishwasher, Fireplace, Kitchen, Laundry: Individual, Range/Oven, Refrigerator, Restroom: Private, Smart Thermostat(s)
Appliances
Furniture, Real Estate
Floor Description
Carpet, Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Full
Heating
Yes
Heating Description
Forced Air, Natural Gas
Exterior/Building Features
Lot Size
1.44 Acres
Exterior Features
Out Buildings, Paved Parking, Playground, Security Lighting
Roof
Flat, Rubber
Other Property Details
Area Name
Magna; Taylrsvl; WVC; SLC
Taxes
$8,642
Tax Frequency
Annually
Days on Market
313
Garage
No
Parking Total
0
View
No
County
Salt Lake
Pool
No
Zoning
Single-Family, Multi-Family, Commercial
Courtesy of Platinum Place Realty
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 12:19 AM UTC, 11/23/2024. 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 deemed reliable but not guaranteed and should be independently verified. 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. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor James Roth shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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