For sale MLS# 2192441 · 5 days on the market
$5,000,000
It starts with a call with an agent.
307 E 300 S, Salt Lake City, UT 84111
About this home
Prime downtown corner redevelopment opportunity at 300 South and 300 East in the heart of Salt Lake City. This 0.63-acre corner lot sits in the most walkable part of downtown, near the TRAX line and a short walk to City Creek Center. The site has an operating self-serve car wash and a brick building leased to two businesses, providing income during planning and entitlement. The building is not on the historic register, giving a clear path to redevelopment. Zoned MU-8, the site allows buildings up to 90 feet, ideal for a mid-rise or high-rise mixed-use project with residential, office, hospitality, or ground-floor retail. The site is in Salt Lake City's Transit Context with no parking minimums, so developers can size parking to market demand, not code, maximizing rentable space and lowering construction costs. Corner lots with this combination of zoning, height, and walkability are increasingly rare. Best suited for developers and investors focused on highest and best use. Contact the listing agent for zoning details, tenant information, and to schedule a tour.
Written by the listing agent.
Location
The market in Salt Lake City today
From the listings for sale, as of October 25, 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
- $27,707
- Property tax
- $3,877
- Home insurance
- $110
10% down ($500,000), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Lot
- 0.63 acres
- Heating
- Forced Air, Natural Gas
- Cooling
- Evap. Cooler Roof
- Roof
- Flat
- County
- Salt Lake
- Faces
- South
See all 8 details
- Zoning
- Multi-Family, Commercial
- Terms
- Cash, Commercial Fin. Req., Conventional, SBA
- 480 V 3 Phase
- Separate Meter: Gas
- Separate Meter: Elec.
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Listing courtesy of Summit Sotheby's International Realty / Chad Wagstaff. Based on information from UtahRealEstate.com as of 10/21/2026 4:47 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.