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$990,000
Est. payment /mo
0.51 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2129541
Construction Status Blt./Standing
HOA Y/N No
Year Built 1978
Annual Tax Amount $14,103
Lot Size 0.510 Acres
Acres 0.51
Lot Dimensions 0.0x0.0x0.0
Property Sub-Type Office
Property Description
Located at 159 W Center Street in the heart of Midvale, this vacant former bank branch presents a rare opportunity to acquire a freestanding commercial building with strong visibility and accessibility. The property is currently vacant, offering immediate flexibility for an owner-user or investor. The existing layout is well suited for a variety of commercial uses, including financial services, medical or dental office, professional office, retail, or redevelopment, subject to zoning and city approvals. Its standalone configuration, dedicated parking, and prominent street presence make it highly adaptable for repositioning or re-tenanting. The property is also being marketed to investors seeking value-add opportunities, with the potential to secure a tenant and create a stabilized, income-producing asset. Positioned within an established commercial corridor and surrounded by residential density and local businesses, this location benefits from consistent traffic and long-term demand fundamentals. Ideal for buyers looking for a vacant bank branch with repositioning potential in a growing Salt Lake Valley submarket.
Location
State UT
County Salt Lake
Area Murray; Taylorsvl; Midvale
Interior
Fireplace No
Exterior
View Y/N No
Present Use Office
Private Pool No
Building
New Construction No
Construction Status Blt./Standing
Others
Senior Community No
Tax ID 21-25-457-001
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Listed by Simple Choice Real Estate
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Jerome Bennett
Principal Broker | License ID: 5451352-PB00
Principal Broker License ID: 5451352-PB00