For sale MLS# 2173342 · 97 days on the market
$1,100,000
It starts with a call with an agent.
445 N 700 W ##104, North Salt Lake, UT 84054
About this home
Prime Commercial Investment Opportunity | Single-Tenant Property Overview: An exceptional turn-key investment opportunity featuring a spacious ~5,158 SF commercial property spread over two floors. Currently functioning as an established dance studio, this property offers stable income, a high-quality tenant commitment, and minimal management overhead. Key Investment Highlights Strong Financials: Offered at an approximate 5.5% CAP Rate. Long-Term Stability: Occupied by a proven, long-term tenant who has recently signed a new 5-year lease renewal. Tenant Commitment: The tenant is actively investing in additional space improvements, demonstrating strong long-term operational commitment to the location. Low-Maintenance Ownership: Minimal landlord responsibilities, making this an ideal hands-off asset for both seasoned and entry-level investors. Functional Layout: ~5,158 SF optimized across two flexible floors, tailored for dance/fitness/studio operations with great long-term adaptability.
Written by the listing agent.
Location
Living in North Salt Lake
North Salt Lake is a city in Davis County, bordered by Woods Cross to the north, Bountiful to the northeast, and Salt Lake City to the south.
- 21,907 residents (2020)
- 8 named trails
- 6 named parks
Monthly payment
- Principal & interest
- $6,096
- Property tax
- $218
- Home insurance
- $110
10% down ($110,000), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Lot
- 0.01 acres
- Cooling
- Central Air
- Flooring
- Laminate, Tile, Bamboo
- Roof
- Rubber
- County
- Davis
- Faces
- East
See all 9 details
- Zoning
- Industrial
- Terms
- Cash, Conventional
- Lease term
- Month
- Kitchen
- Refrigerator
- Restroom: Public
- Paved Parking
- Storage
- 120/240 V 1 Phase
Listing courtesy of Berkshire Hathaway HomeServices Utah Properties (North Salt Lake) / Alan W Arbuckle. Based on information from UtahRealEstate.com as of 8/13/2026 4:31 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.