PRIME DEVELOPMENT OPPORTUNITY- 0.40 Acre on State Street. Rare opportunity to acquire a 0.40 acre parcel with significant redevelopment potential in a high-visibility location on State Street. Located adjacent to an active townhome development, this property offers strong potential for multi-unit residential construction (estimated 10-12 units, buyer to verify). The site includes an existing retail building with excellent frontage, signage, and access, providing immediate income or owner-user flexibility. This is an ideal opportunity for: -Developers seeking expansion in a growing corridor-Investors looking for covered land plays with upside – Owner-users wanting a high-visibility location with future development potential. Seller is open to reviewing all serious offers. Additionally, seller is open to a long-term leaseback (10 + years), offering immediate occupancy income for investors. Buyer to verify all information.
- Country:
- US
- State:
- UT
- County:
- Salt Lake
- City:
- Midvale
- Zipcode:
- 84047
- Street:
- STATE
- Street Number:
- 7450
- Street Suffix:
- ST
- Longitude:
- W112° 6' 32''
- Latitude:
- N40° 36' 57.4''
- Direction Faces:
- East
- Mls Area Major:
- Murray; Taylorsvl; Midvale
- Street Dir Prefix:
- S
- Lot Size Dimensions:
- 61.0x317.0x61.0
- On Market Date:
- 2026-02-17
- Current Use:
- Industrial
- Tax Annual Amount:
- 9300.0
- List Agent Mls Id:
- 49364
- List Office Mls Id:
- 71368
- Mls Status:
- Active
- Modification Timestamp:
- 2026-05-21T23:05:41Z
- Originating System Name:
- WFRMLS
Commercial Sale For Sale
7450 S State St, Midvale, Utah 84047
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Listing ID :
- 2137754
- Price :
- $1,095,000
- Year Built :
- 1937
- Lot Area :
- 0.40 Acre
- Status :
- Active
- Office Name :
- Axis Realty Group
- Agent Name :
- R.J. (Chris) Mullin
- Listing Status :
- Active
- Property Sub Type :
- Industrial
- Platinum Real Estate Professionals
- (435) 250-3355
-
platinum.pros.utah@gmail.com
