‹ Back to results $15,000,000 7321 S Canyon Pkwy, Cottonwood Heights, UT · 16,984 sqft · 3.95 ac See this home
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For sale MLS# 2184516 · 46 days on the market

$15,000,000

It starts with a call with an agent.

7321 S Canyon Pkwy, Cottonwood Heights, UT 84121

16,984sqft
3.95acres
2019built
$883per sqft

About this home

A rare opportunity to acquire or lease one of Salt Lake County's most distinctive trophy hospitality properties. This property represents an exceptional combination of premier real estate, high-end improvements, strategic location, and irreplaceable hospitality infrastructure. Ideally positioned with convenient freeway access and minutes from Utah's world-renowned ski destinations-including Snowbird, Alta, Solitude, and Brighton-the property occupies a highly desirable location serving one of the region's most affluent and sought-after demographics. New luxury condominiums, planned upscale apartments, and a Marriott hotel within walking distance further strengthen the property's long-term positioning and provide a compelling mix of affluent local clientele, destination diners, business travelers, and year-round visitors. The building features expansive windows, abundant natural light, and dramatic views. The improvements have been thoughtfully executed to deliver both efficiency and an elevated guest experience. The property is fully turnkey, anchored by a state-of-the-art commercial kitchen and hospitality infrastructure that would be difficult and costly to replicate today. The expansive floor plan includes multiple large dining areas, private dining rooms, bar, and sophisticated lounge spaces. This diversity creates significant optionality for fine dining, private events, corporate functions, entertainment, experiential hospitality concepts, or a flagship operation for a regional or national hospitality group. The property has 57 dedicated parking stalls, supplemented by substantial underground parking, an increasingly valuable amenity for a destination hospitality asset of this caliber. Business assets, distilling equipment, and barrel-aged spirits inventory are available for negotiation, creating the opportunity to acquire not only an exceptional real estate asset, but also the infrastructure and components of an established, highly differentiated hospitality destination. The combination of scarcity, location, significant existing improvements, affluent demographics, surrounding luxury development, and proximity to Utah's world-class mountain resorts, this offering represents a truly unique acquisition or leasing opportunity.

Written by the listing agent.

Location

Living in Cottonwood Heights

Cottonwood Heights is a city in Salt Lake County along the east bench of the Salt Lake Valley, incorporated on January 14, 2005. The city lies between Big and Little Cottonwood Canyons in the Wasatch Mountains and is served by the Canyons School District

  • 33,617 residents (2020)
  • 5 named trails
  • 11 named parks

Read the guide to Cottonwood Heights ›

Monthly payment

$90,287per month, estimated
Principal & interest
$83,122
Property tax
$7,055
Home insurance
$110

10% down ($1,500,000), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.

Details

Lot
3.95 acres
County
Salt Lake
Faces
West
Lease term
Month

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