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.

©2024 Wasatch Front Regional MLS, Inc. All rights reserved.

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