Active

1451 Park Avenue

Park City UT, 84060

$7,995,000


$934.00 per sqft

Active

8,560 sqft

Commercial

Built in 1978

Introducing an exceptional investment opportunity in the heart of Park City, where you can own an entire building with 10 fully furnished condos, totaling 18 bedrooms. Located on prestigious Park Avenue, this building is perfectly situated just a short walk away from Park City Mountain and Main Street, making it one of the most sought-after locations in the area.
The possibilities for this property are endless - whether you're looking to generate income through short-term rentals or offer housing to your employees, this building can cater to all your needs. Imagine starting your day with a mountain bike ride or a few runs on the slopes during ski season, all just a stone's throw away from your front door. And when it's time to unwind, you can walk to the nearby restaurants and coffee shops or relax in the spa/hot tub area exclusively for residents.
The building is comprised of 10 condos, consisting of 6 two bedroom units, 3 one bedroom units, and 1 three bedroom unit, each with its own storage locker and access to a laundry facility. With its prime location on the free bus route and within walking distance to City Park, Main Street for shopping and dining, and Park City's mountain base and trail system, this property offers unparalleled convenience and easy access to all that Park City has to offer.

12400089

MLS ID

January 9, 2024

Listed

March 29, 2024

Updated

Map

1451 Park Avenue
Park City UT, 84060

Interior Features

Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Forced Air, Hot Water, Natural Gas

Exterior/Building Features

Lot Size

0.2 Acres


Roof

Asphalt, Shingle


Sewer

Public Sewer

Other Property Details

Area Name

Park City Limits


Taxes

$7,872


Tax Frequency

Annually


Days on Market

80


Garage

No


Parking

Common, Unassigned, See Remarks


View

No


County

Summit


Water Source

Public


Pool

No

Listing History

Date

Event

Price

2/27/2024

Price Change

$7,995,000

-9%

 Courtesy of Christies International RE PC, Jaime Pack - 435-602-9004 

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. 

The multiple listing information is provided by UT - Park City Board of REALTORS (PCBR) from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 UT - Park City Board of REALTORS (PCBR), All Rights Reserved. Access to the multiple listing information through this website is made available by Sarah Vieyra Team as a member of the UT - Park City Board of REALTORS (PCBR) multiple listing service.

http://www.parkcityboard.org/

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