1315 W 500 N, Salt Lake City, UT 84116
OAKLEY · Salt Lake County
Key Facts
Description
Excellent opportunity to acquire a cash-flowing commercial property with an established operating business. This location is part of a four-property laundromat portfolio in Salt Lake County offered at $6,175,000. Investors may purchase individual locations or inquire about the full portfolio. Each laundromat in the portfolio has been recently renovated and equipped with modern, high-efficiency machines featuring integrated management software that allows owners to monitor performance, usage, and operations remotely from a smartphone or computer with an internet connection. All locations are positioned in high-traffic neighborhoods across Salt Lake County, providing strong customer access and consistent demand for self-service laundry. This specific listing is located in the Rose Park area of Salt Lake City, serving a dense residential population with steady laundry demand. Portfolio structure: Four total laundromat locations Two owner-occupied properties included in the sale Two leased locations with long term lease terms and extension Additional portfolio listings: MLS 5312835 MLS 2137580 MLS 5314876 MLS 5316827 This opportunity may appeal to investors seeking stable cash flow, entrepreneurs entering the laundromat industry, or experienced operators looking to expand an existing portfolio.
Property Information
Property Type
Commercial Sale
Sub-Type
Retail
Year Built
1950
Lot Size
0.16 acres
Lot Dimensions
0.0x0.0x0.0
MLS® Listing#
2143526
Property Features
Cooling
Heating
Financial Details
HOA
None
Annual Taxes
$6,885
Parcel Number
08-35-151-008
Affordability Calculator
$340,000
Estimated monthly payment
$9,048/mo
Principal $1,360,000 · Est. interest $1,897,321 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Salt Lake City, UT
- $642,977
- Median Listing Price
- 65
- Median Days on Market
- 2,034
- Median Sq Ft
- $322
- Median Price / Sq Ft
- 3,143
- Active Listings
- This home’s price is 164% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Salt Lake City, UT.
Location
- 1315 W 500 N, Salt Lake City, UT 84116
Points of Interest in Salt Lake City, UT
Showing the Salt Lake City area map.
Nearby Schools
Backman Elementary School
Elementary · 0.3 mi away
Rose Park Elementary School
Elementary · 0.8 mi away
Meadowlark Elementary School
Elementary · 0.9 mi away
Escalante Elementary School
Elementary · 0.9 mi away
Jackson Elementary School
Elementary · 1.0 mi away
Salt Lake Center for Science Education
Secondary · 1.0 mi away
Newman Elementary School
Elementary · 1.2 mi away
Matheson Site for Horizonte Center
School · 1.2 mi away
Franklin Elementary School
Elementary · 1.3 mi away
Puddle Jumpers Child DVLP't Ctr
School · 1.3 mi away
Guadalupe School
Elementary · 1.3 mi away
Edison Elementary School
Elementary · 1.5 mi away
West High School
Secondary · 1.6 mi away
Washington Elementary School
Elementary · 1.8 mi away
American Heritage School - Salt Lake Campus
School · 1.8 mi away
North Star Elementary School
Elementary · 1.9 mi away
Northwest Middle School
Secondary · 1.9 mi away
Parkview Elementary School
Elementary · 2.2 mi away
American Academy
School · 2.3 mi away
Wallace Stegner Academy
School · 2.4 mi away
Commute Calculator
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|---|---|---|---|---|
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| 1980 LOWER COVE RD 61, Park City, UT | $1,195,000 | — | — | — |
| 1369 LOWER COVE RD, Park City, UT | $1,195,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Salt Lake City
Listing Courtesy: Colliers International LLC (Wasatch) - 8019478300
Last Updated: 2026-03-16