For sale MLS# 2136948 · 256 days on the market
$3,500,000
It starts with a call with an agent.
1174 E Graystone Way, Salt Lake City, UT 84106
About this home
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, 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.
Written by the listing agent.
Location
The market in Salt Lake City today
From the listings for sale, as of October 26, 2026. Asking prices only: Utah does not make sold prices public.
Living in Salt Lake City
Salt Lake City is the capital and most populous city of Utah, founded in 1847 and located in a valley near the Great Salt Lake.
- 199,723 residents (2020)
- 24 rail stations
- 79 named trails
- 101 named parks
Monthly payment
- Principal & interest
- $19,395
- Property tax
- $1,702
- Home insurance
- $110
10% down ($350,000), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Lot
- 0.23 acres
- Subdivision
- PARK
- Heating
- Forced Air
- Cooling
- Central Air
- Flooring
- Carpet, Hardwood, Tile
- Roof
- Asphalt
See all 9 details
- County
- Salt Lake
- Zoning
- Multi-Family, Commercial
- Terms
- Cash, Conventional, Exchange, SBA
- Alarm: Security
- Basement
- Refrigerator
- Restroom: Public
Similar homes nearby
Listing courtesy of Investment Realty Advisors LLC / Cory Waddoups. Based on information from UtahRealEstate.com as of 8/1/2026 1:28 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy.