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1492 Park Ave, Park City, UT – $4,395,000

  • $4.4M Price
  • 6,426 Sqft
  • .19 Acres
  • 218 DOM
  • $4.4M Price
  • 6,426 Sqft
  • .19 Acres
  • 218 DOM

1492 Park Ave

Located in Historic Old Town, this office building is a rare find in the heart of Park City, UT. Already fully tenant-occupied, this opportunity presents an immediate income potential for prospective buyers. The building was expertly reimagined and underwent extensive renovations in 2013, making it a stand-alone gem for your investment portfolio or as a distinguished location for a family office. The building currently is set up with three sophisticated tenant suites, each crafted with meticulous attention to detail to offer an inviting ambiance that provides productivity and collaboration, making it a conducive environment for various working needs. Eliminate the hassle of finding parking in the bustling Old Town with 12 dedicated parking spots available exclusively for this property. The building offers a prime location offering ultimate convenience. Just a short walk away from world-class skiing slopes, appealing to winter sports enthusiasts. Its proximity to the historic Main Street, known for its eclectic blend of boutiques, dining options, galleries, and entertainment venues, adds immense value. Moreover, two bus stations located right at the doorstep of the building ensure seamless connectivity throughout the city. The surrounding amenities, including chic cafes, renowned restaurants, fitness centers, and recreational areas, provide immediate access to conveniences, making it a perfect balance between work and leisure. Invest in a unique combination of historical charm and contemporary luxury with this remarkable office opportunity in Park City. Whether you're an investor looking to diversify your portfolio or a business wanting to establish a prestigious address, this property promises unparalleled value.

Courtesy of: Engel & Volkers Park City.

Essential Information

  • MLS® #12303483
  • Price$4,395,000
  • Square Footage6,426
  • Acres0.19
  • Year Built1989
  • TypeCommercial Sale
  • StatusActive

Style

Multi-Story, Renovated/Restored, Traditional

Community Information

  • Address1492 Park Ave
  • Area01 - Old Town
  • CityPark City
  • CountySummit
  • StateUT
  • Zip Code84060

Amenities

  • Parking Spaces13
  • ParkingAssigned, Private

Utilities

Electricity Connected, See Remarks, Other

Features

Elevator, Employee Lockers/Shower, Restrooms - Public

Interior

  • HeatingNatural Gas, Forced Air
  • CoolingCentral Air

Exterior

  • ExteriorFrame, Wood Siding, Stucco
  • RoofShingle
  • ConstructionComplete

Foundation

Concrete Perimeter, Concrete Slab

Additional Information

  • Date ListedSeptember 22nd, 2023
  • Days on Market218
  • ForeclosureYes
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Price Change History for 1492 Park Ave, Park City, UT (MLS® #12303483)

Date Details Change
Price Reduced from $4,800,000 to $4,395,000 $405,000 (8.44%)

Courtesy of: Engel & Volkers Park City.

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Listing information last updated on April 27th, 2024 at 5:28pm CDT.