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About This Home
This 0-bedroom, 0-bathroom commercial at 4244 S STATE St in Millcreek, UT is listed for $3,800,000. Built in 1996, on a 0.87 acres lot.
Prime Millcreek Development Opportunity Up to 113 Units Possible Unlock the potential of this 9,500 SF commercial property, currently in the entitlement process for rezoning to MD (Mixed Development). Preliminary planning supports a 113-unit multifamily and commercial mixed-use project, perfectly positioned in one of Millcreek's most desirable growth corridors.
This offering includes a unique opportunity for the current owner to stay on as an equity partner, with the option to be cashed out at 50% or more. Buyer must be open to negotiating terms with the seller to structure a mutually beneficial partnership.
Adjacent properties are also available, with both neighboring owners expressing interest in selling - giving developers the ability to expand the site and project scope significantly. Don't miss this rare chance to secure a development-ready site with upside potential and strong city momentum. Contact us today for full entitlement details and to discuss partnership or acquisition options.
Key Features
- Built in 1996
- 0.87 acre lot
Property Details
Monthly Cost Estimate
$20,323/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4244 S STATE St
Millcreek, UT 84107
TATE
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 4244 S STATE St is listed at $3,800,000. The estimated monthly payment is $16,467 based on 20% down at 6.5% interest.
Key features include: Built in 1996, 0.87 acre lot.
This property is listed by Tyler Brady and can be reached at (801) 386-5908 or Tyler@Highequityhb.com.