1492 Park Ave

$4,395,000, 6,426 Sqft .19 Acres

About This Property

Located in Historic Old Town, this office building is a rare find in the heart of Park City, UT. Already fully tenant-occupied, this opportunity presents an immediate income potential for prospective buyers. The building was expertly reimagined and underwent extensive renovations in 2013, making it a stand-alone gem for your investment portfolio or as a distinguished location for a family office. The building currently is set up with three sophisticated tenant suites, each crafted with meticulous attention to detail to offer an inviting ambiance that provides productivity and collaboration, making it a conducive environment for various working needs. Eliminate the hassle of finding parking in the bustling Old Town with 12 dedicated parking spots available exclusively for this property. The building offers a prime location offering ultimate convenience. Just a short walk away from world-class skiing slopes, appealing to winter sports enthusiasts. Its proximity to the historic Main Street, known for its eclectic blend of boutiques, dining options, galleries, and entertainment venues, adds immense value. Moreover, two bus stations located right at the doorstep of the building ensure seamless connectivity throughout the city. The surrounding amenities, including chic cafes, renowned restaurants, fitness centers, and recreational areas, provide immediate access to conveniences, making it a perfect balance between work and leisure. Invest in a unique combination of historical charm and contemporary luxury with this remarkable office opportunity in Park City. Whether you're an investor looking to diversify your portfolio or a business wanting to establish a prestigious address, this property promises unparalleled value.

Courtesy of: Engel & Volkers Park City.

Essential Information

MLS® #12303483
Price$4,395,000
Square Footage6,426
Acres0.19
Year Built1989
TypeCommercial Sale
StatusActive

Style

Multi-Story, Renovated/Restored, Traditional

Community Information

Address1492 Park Ave
Area01 - Old Town
CityPark City
CountySummit
StateUT
Zip Code84060

Amenities

Parking Spaces13
ParkingAssigned, Private

Utilities

Electricity Connected, See Remarks, Other

Features

Elevator, Employee Lockers/Shower, Restrooms - Public

Interior

HeatingNatural Gas, Forced Air
CoolingCentral Air

Exterior

ExteriorFrame, Wood Siding, Stucco
RoofShingle
ConstructionComplete

Foundation

Concrete Perimeter, Concrete Slab

Additional Information

Date ListedSeptember 22nd, 2023
Days on Market218
ForeclosureYes
Price Per SQFT$684
Annual Property Taxes$10,361

Listing Details

Courtesy of: Engel & Volkers Park City

This is a bedroom, bathroom Commercial Sale property in , located in the Park City MLS area of Old Town. 1492 Park Ave, Park City UT 84060 has approximately 6426 square feet and was built in 1989. This is an Active listing that has been on the market for 218 days with a current price of $4,395,000. The average list price for other properties for sale in Old Town is $2,610,332. The average list price in Park City is currently $3,191,041.

To schedule a tour of MLS #12303483 in , please inquire with our local Park City Realtors. Visit our “COMMUNITIES" page to choose to view all listings in the Park City MLS area Old Town, or search for other nearby properties using our Map Search. Another great way to start your Park City home search is to check out our Top Picks and Best Buys.

Get directions to this property:

1492 Park Ave, Park City (MLS® #12303483) Property History

Price Reduced from $4,800,000 to $4,395,000

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.

Park City Board of Realtors Logo The multiple listing information is provided by Park City Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Park City Board of Realtors®, All Rights Reserved. Access to the multiple listing information through this website is made available by Summit Sotheby’s International Realty as a member of the Park City Board of Realtors® multiple listing service. No other entity, including a brokerage firm or any franchisor, may be listed in place of the specific Listing Broker on the foregoing notice. Terms of Use

Listing information last updated on April 27th, 2024 at 1:28pm MDT.

Have a Question?

Contact Us

Follow Us

Summit Sothebys Intl Realty

Sean Matyja 435-901-2158

Heather Peterson 435-640-2573

Bill DeLong 801-389-2499

1750 Park Avenue
Park City, Utah 84060
EnjoyParkCity.com

Summit Sothebys Logo
© Copyright 2024, Real Estate Webmasters All Rights Reserved.
Park City REALTORS® Heather Peterson, Sean Matyja & Bill DeLong  •  Listings Site Map  •  Privacy Policy