A fantastic investment opportunity! The tenant is a daycare with a lease for the next 3 years. Rent is currently at $3,400 but increasing to $3,600 in 2027 and $3,800 in 2028! That means at the list price the CAP rate will reach 8.5% within 2 years! The tenant is stable, has made significant investments into the property and expects to stay for many years. The owner only pays property tax with the tenant covering all other expenses, bills, and repairs. The solid brick building has been remodeled for the daycare business to use both suites. But could be divided again in the future. There is plenty of parking available for the tenant and customers. Also, there is a 4 car garage on the property that has been converted to individual storage bays.
- Country:
- US
- State:
- UT
- County:
- Salt Lake
- City:
- West Valley City
- Zipcode:
- 84119
- Street:
- 3500
- Street Number:
- 3280
- Longitude:
- W112° 1' 50.1''
- Latitude:
- N40° 41' 48.2''
- Direction Faces:
- South
- Mls Area Major:
- Magna; Taylrsvl; WVC; SLC
- Street Dir Prefix:
- W
- Street Dir Suffix:
- S
- Unit Number:
- S3, S4
- Zoning:
- Commercial
- Lot Size Dimensions:
- 0.0x0.0x0.0
- On Market Date:
- 2026-03-04
- Accessibility Features:
- Ground Level
- Current Use:
- Office
- Tax Annual Amount:
- 3058.0
- Co List Agent Full Name:
- Charles Ron Taylor
- Co List Agent Mls Id:
- 70445
- Co List Office Mls Id:
- 70630
- Co List Office Name:
- Utah First Realty
- List Agent Mls Id:
- 4026685
- List Office Mls Id:
- 70630
- Listing Term:
- Conventional
- Mls Status:
- Active
- Modification Timestamp:
- 2026-03-26T20:31:19Z
- Originating System Name:
- WFRMLS
- Status Change Timestamp:
- 2026-03-26T20:15:02Z
Commercial Sale For Sale
3280 W 3500 S #s3, West Valley City, Utah 84119
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Listing ID :
- 2140812
- Price :
- $500,000
- Year Built :
- 1971
- Lot Area :
- 0.28 Acre
- Status :
- Active
- Office Name :
- Utah First Realty
- Agent Name :
- Jacob Taylor
- Listing Status :
- Active
- Property Sub Type :
- Office
- Platinum Real Estate Professionals
- (435) 250-3355
-
platinum.pros.utah@gmail.com
