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About This Home
This 0-bedroom, 0-bathroom commercial at 1174 E GRAYSTONE Way in Salt Lake City, UT is listed for $3,500,000. Built in 1962, on a 0.23 acres lot.
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.
Key Features
- Built in 1962
- 0.23 acre lot
Property Details
Amenities
Monthly Cost Estimate
$18,719/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1174 E GRAYSTONE Way
Salt Lake City, UT 84106
PARK
Features & Amenities
Interior Features
Property Details
Flooring
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1174 E GRAYSTONE Way is listed at $3,500,000. The estimated monthly payment is $15,167 based on 20% down at 6.5% interest.
Key features include: Built in 1962, 0.23 acre lot. Interior Features: Alarm: Security, Basement, Refrigerator.
This property is listed by Cory Waddoups and can be reached at 8016098342 or cory@iraut.com.
