# 1174 E GRAYSTONE Way, Salt Lake City, UT 84106

> **TL;DR:** commercial, $3,500,000, built 1962.
> Hardwood, A/C. Est. $15,167/mo. Listed 109 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 | For Sale |
| Days on Market | 109 |

## Why This Home Stands Out

- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $15,167 |
| **Total** | **$15,167** |

## 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
- **Phone:** 8016098342
- **Email:** cory@iraut.com

## Primary Photo

![1174 E GRAYSTONE Way - Primary Photo](http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f201712044r.jpg)

*21 total photos available on [listing page](https://www.propertysimple.com/listing/1174-e-graystone-way-salt-lake-city-ut-84106-2136948)*

---

**MLS#:** 2136948 | **Updated:** 2026-06-19
**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.com/listing/1174-e-graystone-way-salt-lake-city-ut-84106-2136948)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "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 up",
  "url": "https://www.propertysimple.com/listing/1174-e-graystone-way-salt-lake-city-ut-84106-2136948",
  "image": "http://lh.rdcpix.com/3b65e0a307fcfec9cdcf029e92e19fd0l-f201712044r.jpg",
  "datePosted": "2026-06-19",
  "price": 3500000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "1174 E GRAYSTONE Way",
    "addressLocality": "Salt Lake City",
    "addressRegion": "UT",
    "postalCode": "84106",
    "addressCountry": "US"
  },
  "yearBuilt": 1962
}
```