For sale MLS# 2172349 · 102 days on the market
$1,995,000
It starts with a call with an agent.
4554 Forestdale Dr #C-16, Park City, UT 84098
About this home
Rare opportunity to own one of Park East II's premier commercial condominiums in the heart of Park City. Ideal as an investment or future owner-user opportunity, the property is currently leased to a well-established local tenant with a proven five-year NNN lease history and renewal options, providing immediate income from day one. Offering 3,946 square feet across three levels, the property features 1,800 square feet on the main level with an oversized 14-foot garage door, restroom, and soaring 18-foot ceilings throughout most of the space. The lower level provides an additional 1,800 square feet with 9.6-foot ceilings, ideal for offices, a showroom, storage, or production space. The upper level includes a 350-square-foot private executive office or conference room and opens to a private rooftop deck with views of protected open space and Deer Valley's Bald Mountain. Designed for efficiency and flexibility, the building features no load-bearing interior walls, allowing the floor plan to be easily reconfigured for a wide variety of business uses while minimizing renovation costs. With more than 40 permitted uses, Park East II is home to a dynamic mix of law firms, architects, financial advisors, interior designers, builders, technology companies, and collectors of luxury automobiles, boats, and RVs. Whether you're seeking a quality income-producing investment or a premier flex space in one of Park City's fastest-growing commercial corridors, this property presents an exceptional opportunity.
Written by the listing agent.
Location
The market in Park City today
$1,995,000 is 3% below the median asking price in Park City.
At $506 per sqft it asks 49% less than the median in the city.
38% of the listings for sale have lowered their price at least once.
From the listings for sale, as of October 26, 2026. Asking prices only: Utah does not make sold prices public.
Living in Park City
Park City is a mountain resort town in Summit and Wasatch counties, located 32 miles southeast of downtown Salt Lake City along Interstate 80.
- 8,396 residents (2020)
- 2 rail stations
- 219 named trails
- 12 named parks
Monthly payment
- Principal & interest
- $11,055
- Property tax
- $957
- Home insurance
- $110
- HOA
- $562
10% down ($199,500), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Style
- Tri/Multi-Level
- Garage
- 3 cars
- Basement
- None
- Lot
- 0.04 acres
- HOA
- $562/mo
- Subdivision
- PARK EAST II BUSINESS COMMUNITY CONDOS
See all 19 details
- Stories
- 3
- Rooms
- 1
- Parking
- Covered, Parking: Uncovered, Rv Parking
- Heating
- Electric, Gas: Central
- Cooling
- Central Air
- Flooring
- Hardwood, Concrete
- Roof
- Flat, Metal
- Construction
- Stone, Stucco, Other
- Water
- Culinary
- Sewer
- Sewer: Connected, Sewer: Public
- County
- Summit
- Zoning
- Commercial, Industrial
- Terms
- Cash, Conventional
- Oven: Gas
- Road: Paved
- Sidewalks
- Natural Gas Connected
- Electricity Connected
- Sewer Connected
- Sewer: Public
- Water Connected
Schools
Assigned schools as reported to the MLS by the listing agent. Boundaries change; confirm enrollment with the district. · South Summit
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Listing courtesy of Christie's International Real Estate VUE / Jonathan Crosswhite. Based on information from UtahRealEstate.com as of 7/16/2026 3:18 PM. 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.