GIDDYDIGS

Active

1 N/a, Salt Lake City, UT 84111

$1,800,000

6,600 sqft

A rare and exceptional opportunity to acquire a well-established, full-service restaurant in a prime downtown location with high visibility and ample parking. With 40 years of continuous operation, this business has built a strong reputation, a loyal customer base, and a proven track record of consistent revenue. The property offers 4,400 SF of dedicated restaurant space complemented by an additional 2,200 SF of office and storage - totaling 6,600 SF. The fully equipped commercial kitchen includes a hood and ventilation system, grease trap, walk-in cooler & freezer, and all equipment necessary for immediate, turnkey operation from day one. A wine and beer license is currently in place, with the ability to upgrade to a full restaurant liquor license, opening the door to expanded beverage revenue and enhanced dining experiences. The seller owns the underlying real estate and is prepared to offer a long-term lease with favorable terms, providing the new owner with long-term stability and predictable occupancy costs. This is an ideal opportunity for an experienced restaurateur looking to expand their portfolio, a first-time buyer ready to step into a turnover-ready concept, or an entrepreneur with a new vision looking for the perfect space and infrastructure already in place. Detailed financials, a complete FF&E list, and full business disclosure will be made available upon execution of a Non-Disclosure Agreement.

Year built1995
Lot size0.35 acres
Stories0
TypeRetail
Annual taxes$20,000
CountySalt Lake County
MLS #2142164
Days on market184

Listing courtesy of Nico Priskos, Internet Properties Property Management.

SCHEDULE A SHOWING OR MAKE AN OFFER

Buy with GIDDY DIGS for a 2% buyer commission, requested from the seller with your offer.