$3,800,000

4244 S STATE ST, Millcreek, UT 84107

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1996
  • Property Lot Size Icon0.87acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Prime Millcreek Development Opportunity Up to 146 Units Possible Unlock the potential of this 9,500 SF commercial property, currently in the entitlement process for rezoning to MD (Mixed Development). Preliminary planning supports a 146-unit multifamily and commercial mixed-use project, perfectly positioned in one of Millcreek's most desirable growth corridors. This offering includes a unique opportunity for the current owner to stay on as an equity partner, with the option to be cashed out at 50% or more. Buyer must be open to negotiating terms with the seller to structure a mutually beneficial partnership. Adjacent properties are also available, with both neighboring owners expressing interest in selling - giving developers the ability to expand the site and project scope significantly. Don't miss this rare chance to secure a development-ready site with upside potential and strong city momentum. Contact us today for full entitlement details and to discuss partnership or acquisition options.

Listing Status:
Active
Date Added:
July 1, 2025 at 06:00AM
Listing Office:
Realtypath LLC (South Valley) : 801-386-5908
Listing Agent:
Tyler Brady : 801-386-5908
MLS ID:
2096122
  • Parking: Parking spaces: 0
  • General: Blt./Standing
  • Originating MLS: UtahRealEstate.com
  • County: Salt Lake
  • Zoning: 22-06-103-004
  • Current Use: Industrial
  • Source: UtahRealEstate.com

This listing courtesy of Tyler Brady, Realtypath LLC (South Valley)

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

James E. Moss Elementary School

4399 S 500 E, Salt Lake City, UT, 84107

Grades PK-5

0.71 miles away

G

Granite Connection High School

501 E 3900 S, Salt Lake City, UT, 84107

Grades KG-12

0.90 miles away

G

Granite Connection High School

501 E 3900 S, Salt Lake City, UT, 84107

Grades KG-12

0.90 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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