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1451 Park Ave, Park City, UT – $9,500,000

  • $9.5M Price
  • 8,560 Sqft
  • .2 Acres
  • 150 DOM
  • $9.5M Price
  • 8,560 Sqft
  • .2 Acres
  • 150 DOM

1451 Park Ave

Introducing an exceptional investment opportunity in the heart of Park City, where you can own an entire building with 10 fully furnished condos, totaling 18 bedrooms. Located on prestigious Park Avenue, this building is perfectly situated just a short walk away from Park City Mountain and Main Street, making it one of the most sought-after locations in the area.The possibilities for this property are endless - whether you're looking to generate income through short-term rentals or offer housing to your employees, this building can cater to all your needs. Imagine starting your day with a mountain bike ride or a few runs on the slopes during ski season, all just a stone's throw away from your front door. And when it's time to unwind, you can walk to the nearby restaurants and coffee shops or relax in the spa/hot tub area exclusively for residents.The building is comprised of 10 condos, consisting of 6 two bedroom units, 3 one bedroom units, and 1 three bedroom unit, each with its own storage locker and access to a laundry facility. With its prime location on the free bus route and within walking distance to City Park, Main Street for shopping and dining, and Park City's mountain base and trail system, this property offers unparalleled convenience and easy access to all that Park City has to offer.

Courtesy of: BHHS Utah Properties - SV.

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Essential Information

  • MLS® #12301202
  • Price$9,500,000
  • Square Footage8,560
  • Acres0.20
  • Year Built1978
  • TypeCommercial Sale
  • StyleMulti-Story, See Remarks
  • StatusActive

Community Information

  • Address1451 Park Ave
  • Area01 - Old Town
  • CityPark City
  • CountySummit
  • StateUT
  • Zip Code84060

Amenities

  • Parking Spaces12
  • ParkingUnassigned, Common

Utilities

Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected, Phone Available

Features

High Visibility, Restrooms - Private, Other, See Remarks

Interior

  • CoolingNone

Heating

Forced Air, Natural Gas, Hot Water

Exterior

  • ExteriorStone, Wood Siding
  • RoofAsphalt, Shingle
  • FoundationConcrete Slab

Additional Information

  • Date ListedApril 25th, 2023
  • Days on Market150
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Price Change History for 1451 Park Ave, Park City, UT (MLS® #12301202)

Date Details Change
Price Reduced from $10,950,000 to $9,500,000 $1,450,000 (13.24%)
Price Increased from $10,500,000 to $10,950,000 $450,000 (4.29%)

Courtesy of: BHHS Utah Properties - SV.

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Listing information last updated on September 22nd, 2023 at 9:13am CDT.