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1451 Park Ave, Park City, UT

$7,995,000 - $8M Price - 8,560 Sqft - .2 Acres - 111 DOM

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.

Courtesy of: Christies International RE PC.

Essential Information

For 1451 Park Ave, Park City, UT
  • MLS® # 12400089
  • Price $7,995,000
  • Square Footage 8,560
  • Acres 0.20
  • Year Built 1978
  • Type Commercial Sale
  • Style Multi-Story, See Remarks
  • Status Active

Community Information

For 1451 Park Ave, Park City, UT
  • Address 1451 Park Ave
  • Area 01 - Old Town
  • City Park City
  • County Summit
  • State UT
  • Zip Code 84060

Amenities

For 1451 Park Ave, Park City, UT
  • Parking Spaces 12
  • Parking Unassigned, Common

Utilities

For 1451 Park Ave, Park City, UT

Phone Available, Cable Available, Electricity Connected, Natural Gas Connected, High Speed Internet Available, See Remarks

Features

For 1451 Park Ave, Park City, UT

High Visibility, Restrooms - Private, Other, See Remarks

Interior

For 1451 Park Ave, Park City, UT
  • Cooling None

Heating

For 1451 Park Ave, Park City, UT

Natural Gas, Hot Water, Forced Air

Exterior

For 1451 Park Ave, Park City, UT
  • Exterior Stone, Wood Siding
  • Roof Asphalt, Shingle
  • Foundation Concrete Slab

Additional Information

For 1451 Park Ave, Park City, UT
  • Date Listed January 9th, 2024
  • Days on Market 111

Listing Details

For 1451 Park Ave, Park City, UT
  • Courtesy of: Christies International RE PC

Price Change History for 1451 Park Ave, Park City, UT (MLS® #12400089)

Date Details Change
Price Reduced from $8,750,000 to $7,995,000 $755,000 (8.63%)

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Listing information last updated on April 29th, 2024 at 6:44am MDT.