# 1174 E GRAYSTONE Way, Salt Lake City, UT 84106 > **TL;DR:** commercial, $3,500,000, built 1962. > Hardwood, A/C. Est. $18,719/mo. Listed 263 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $3,500,000 | | Year Built | 1962 | | Lot Size | 10,019 sqft (0.23 acres) | | Property Type | Commercial (Office) | | Status | Active | | Days on Market | 263 | ## Why This Home Stands Out - **Hardwood Floors** - Hardwood flooring listed ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $17,698 | | Estimated Insurance | $1,021 | | **Total** | **$18,719** | ## Key Amenities - Hardwood - A/C ## Property Highlights - Built in 1962 - 0.23 acre lot ## Description ### Agent Description Graystone Professional Plaza is a professional office building located in the heart of Sugar House, just off I-80 and 1300 East, offering excellent accessibility in a highly desirable submarket. The property totals approximately 19,099 square feet and is comprised of 33 office suites leased to a mix of professional, medical, and service-oriented tenants on a full-service basis. The building maintained approximately 90% average occupancy in 2025 and is offered at a 5.6% in-place cap rate, with upside potential supporting a projected pro forma cap rate of 6.2%. Zoned RMF-35, the property presents an attractive opportunity for investors or owner-users seeking stable income in a premier location. Measurements are given as a courtesy only. Buyer advised to obtain independent measurement. Owner/Agent. ## Location - **Address:** 1174 E GRAYSTONE Way, Salt Lake City, UT 84106 - **County:** Salt Lake - **Neighborhood:** PARK ## Listing Agent - **Name:** Cory Waddoups - **Brokerage:** Investment Realty Advisors, LLC - **Broker Phone:** (801) 971-2542 ## Photos ![1174 E GRAYSTONE Way - Photo 1](http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f201712044r.jpg) ![1174 E GRAYSTONE Way - Photo 2](http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f1304736429r.jpg) ![1174 E GRAYSTONE Way - Photo 3](http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f571097805r.jpg) ![1174 E GRAYSTONE Way - Photo 4](http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f1570765637r.jpg) ![1174 E GRAYSTONE Way - Photo 5](http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f2920241151r.jpg) ![1174 E GRAYSTONE Way - Photo 6](http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f2837113591r.jpg) ![1174 E GRAYSTONE Way - Photo 7](http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f1167705134r.jpg) ![1174 E GRAYSTONE Way - Photo 8](http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f684952938r.jpg) ![1174 E GRAYSTONE Way - Photo 9](http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f2560721232r.jpg) ![1174 E GRAYSTONE Way - Photo 10](http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f4074771252r.jpg) ![1174 E GRAYSTONE Way - Photo 11](http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f1959137676r.jpg) ![1174 E GRAYSTONE Way - Photo 12](http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f2182019639r.jpg) ![1174 E GRAYSTONE Way - Photo 13](http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f3971647669r.jpg) ![1174 E GRAYSTONE Way - Photo 14](http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f773640116r.jpg) ![1174 E GRAYSTONE Way - Photo 15](http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f1951410423r.jpg) ![1174 E GRAYSTONE Way - Photo 16](http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f1839078701r.jpg) ![1174 E GRAYSTONE Way - Photo 17](http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f2711756731r.jpg) ![1174 E GRAYSTONE Way - Photo 18](http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f1131522214r.jpg) ![1174 E GRAYSTONE Way - Photo 19](http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f1330324281r.jpg) ![1174 E GRAYSTONE Way - Photo 20](http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f2123542016r.jpg) ![1174 E GRAYSTONE Way - Photo 21](http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f466132868r.jpg) --- **MLS#:** 2136948 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/1174-e-graystone-way-salt-lake-city-ut-84106-11cdf450caac40e68a5943854aeaea3e) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1174-e-graystone-way-salt-lake-city-ut-84106-11cdf450caac40e68a5943854aeaea3e#listing", "url": "https://www.propertysimple.ai/listing/1174-e-graystone-way-salt-lake-city-ut-84106-11cdf450caac40e68a5943854aeaea3e", "name": "1174 E GRAYSTONE Way, Salt Lake City, UT 84106", "description": "Graystone Professional Plaza is a professional office building located in the heart of Sugar House, just off I-80 and 1300 East, offering excellent accessibility in a highly desirable submarket. The property totals approximately 19,099 square feet and is comprised of 33 office suites leased to a mix of professional, medical, and service-oriented tenants on a full-service basis. The building maintained approximately 90% average occupancy in 2025 and is offered at a 5.6% in-place cap rate, with upside potential supporting a projected pro forma cap rate of 6.2%. Zoned RMF-35, the property presents an attractive opportunity for investors or owner-users seeking stable income in a premier location. Measurements are given as a courtesy only. Buyer advised to obtain independent measurement. Owner/Agent.", "image": [ "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f201712044r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f1304736429r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f571097805r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f1570765637r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f2920241151r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f2837113591r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f1167705134r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f684952938r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f2560721232r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f4074771252r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f1959137676r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f2182019639r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f3971647669r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f773640116r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f1951410423r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f1839078701r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f2711756731r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f1131522214r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f1330324281r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f2123542016r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f466132868r.jpg" ], "primaryImageOfPage": { "@type": "ImageObject", "url": "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f201712044r.jpg", "caption": "1174 E GRAYSTONE Way - Salt Lake City, UT" }, "datePosted": "2026-02-12", "dateModified": "2026-10-20T21:00:16.309Z", "mainEntity": { "@type": "Place", "@id": "https://www.propertysimple.ai/listing/1174-e-graystone-way-salt-lake-city-ut-84106-11cdf450caac40e68a5943854aeaea3e#property", "name": "1174 E GRAYSTONE Way, Salt Lake City, UT 84106", "address": { "@type": "PostalAddress", "streetAddress": "1174 E GRAYSTONE Way", "addressLocality": "Salt Lake City", "addressRegion": "UT", "postalCode": "84106", "addressCountry": "US" }, "image": [ "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f201712044r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f1304736429r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f571097805r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f1570765637r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f2920241151r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f2837113591r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f1167705134r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f684952938r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f2560721232r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f4074771252r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f1959137676r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f2182019639r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f3971647669r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f773640116r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f1951410423r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f1839078701r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f2711756731r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f1131522214r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f1330324281r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f2123542016r.jpg", "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f466132868r.jpg" ], "identifier": { "@type": "PropertyValue", "propertyID": "MLS", "value": "2136948" }, "amenityFeature": [ { "@type": "LocationFeatureSpecification", "name": "Heating", "value": "Forced Air" }, { "@type": "LocationFeatureSpecification", "name": "Cooling", "value": "Central Air" }, { "@type": "LocationFeatureSpecification", "name": "Flooring", "value": "Tile, Carpet, Hardwood" }, { "@type": "LocationFeatureSpecification", "name": "Air Conditioning", "value": true }, { "@type": "LocationFeatureSpecification", "name": "Hardwood Floors", "value": true } ], "additionalProperty": [ { "@type": "PropertyValue", "name": "Lot Size", "value": "0.23 acres" }, { "@type": "PropertyValue", "name": "Property Subtype", "value": "Office" }, { "@type": "PropertyValue", "name": "Property Type", "value": "Commercial" } ] }, "offers": { "@type": "Offer", "@id": "https://www.propertysimple.ai/listing/1174-e-graystone-way-salt-lake-city-ut-84106-11cdf450caac40e68a5943854aeaea3e#offer", "url": "https://www.propertysimple.ai/listing/1174-e-graystone-way-salt-lake-city-ut-84106-11cdf450caac40e68a5943854aeaea3e", "price": 3500000, "priceCurrency": "USD", "businessFunction": "http://purl.org/goodrelations/v1#Sell", "availability": "https://schema.org/InStock", "seller": { "@id": "https://www.propertysimple.ai/listing/1174-e-graystone-way-salt-lake-city-ut-84106-11cdf450caac40e68a5943854aeaea3e#agent" } }, "provider": { "@type": "Person", "@id": "https://www.propertysimple.ai/listing/1174-e-graystone-way-salt-lake-city-ut-84106-11cdf450caac40e68a5943854aeaea3e#agent", "name": "Cory Waddoups", "worksFor": { "@type": "Organization", "@id": "https://www.propertysimple.ai/listing/1174-e-graystone-way-salt-lake-city-ut-84106-11cdf450caac40e68a5943854aeaea3e#brokerage", "name": "Investment Realty Advisors, LLC", "telephone": "(801) 971-2542", "logo": { "@type": "ImageObject", "url": "http://lh.rdcpix.com/fb6149e0ac8111dfa3a500219b994c72k-c1425223779r.jpg" } } } } ```