UT
Salt Lake
Salt Lake City
84106
1174 E GRAYSTONE WAY
1174 E GRAYSTONE WAY, Salt Lake City, UT 84106
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Listing Type
Commercial/Industrial
Listing Status
Active
21
$3,500,000

Home Details for 1174 E GRAYSTONE WAY

Price
$3,500,000
Type
Commercial Sale
Year built
1962
Lot size acres
0.23
County
Salt Lake
MLS Listing#
2136948
Property 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.

Property Features
  • Cooling Information
    • Central Air
  • Heating Information
    • Forced Air
Listing Courtesy: Investment Realty Advisors LLC - 435-485-7070
Wasatch Front Regional MLS logoBased on information from the Wasatch Front Regional Multiple Listing Service, Inc. 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 should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-06-03 16:05:02
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EXIT REALTY LEGACY
4516 South 700 East Suite 190, Murray, UT 84107
Goose Hoeft
License #: 14246756-SA00
Sales Representative
Office
801 438 0246
Agent
385 535 6037
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