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,… Read More 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. Read Less
Courtesy of Cory Waddoups, Investment Realty Advisors LLC 435-485-7070
Listing Snapshot
Days Online
214
Last Updated
Property Type
Office
Lot Size
0.23 Acres
Year Built
1962
MLS Number
2136948
Additional Details
Cooling
Cooling: Central Air, Cooling YN: t
Property
Current Use: Office, Parcel Number: 16-29-238-004, Property Condition: Blt./Standing, Property Sub Type: Office, Property Type: Commercial Sale, Security Features: Security System
Floors
Flooring: Carpet, Hardwood, Tile
Heating
Heating: Forced Air, Heating YN: t
Interior Features
Interior Features: Alarm: Security, Basement, Refrigerator, Restroom: Public
Building
Living Area Units: Square Feet, Year Built: 1962
Lot
Lot Size Acres: 0.23, Lot Size Area: 0.23, Lot Size Dimensions: 0.0x0.0x0.0, Lot Size Square Feet: 10018, Lot Size Units: Acres
Taxes
Tax Annual Amount: 20420
Windows
Window Features: Blinds
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