1451 Park Ave

$7,995,000, 8,560 Sqft .2 Acres

About This Property

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

MLS® #12400089
Price$7,995,000
Square Footage8,560
Acres0.20
Year Built1978
TypeCommercial Sale
StyleMulti-Story, See Remarks
StatusActive

Community Information

Address1451 Park Ave
Area01 - Old Town
CityPark City
CountySummit
StateUT
Zip Code84060

Amenities

Parking Spaces12
ParkingUnassigned, Common

Utilities

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

Features

High Visibility, Restrooms - Private, Other, See Remarks

Interior

CoolingNone

Heating

Natural Gas, Hot Water, Forced Air

Exterior

ExteriorStone, Wood Siding
RoofAsphalt, Shingle
FoundationConcrete Slab

Additional Information

Date ListedJanuary 9th, 2024
Days on Market109
Price Per SQFT$934
Annual Property Taxes$7,872

Listing Details

Courtesy of: Christies International RE PC

This is a bedroom, bathroom Commercial Sale property in , located in the Park City MLS area of Old Town. 1451 Park Ave, Park City UT 84060 has approximately 8560 square feet and was built in 1978. This is an Active listing that has been on the market for 109 days with a current price of $7,995,000. 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 #12400089 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.

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1451 Park Ave, Park City (MLS® #12400089) Property History

Price Reduced from $8,750,000 to $7,995,000

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Listing information last updated on April 27th, 2024 at 1:59pm MDT.

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Sean Matyja 435-901-2158

Heather Peterson 435-640-2573

Bill DeLong 801-389-2499

1750 Park Avenue
Park City, Utah 84060
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