1451 Park Ave, Park City

$7,995,000

0 Beds
0 Baths
8,560 Sqft
.2 Acres
0 Garages

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
Listing Details
Courtesy of: Christies International RE PC
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 4:13am MDT.