Home Details for 5934 S COUGAR W LN 5934

JUST LISTED! The Salt Lake City, Utah Winter Olympics 2034 coming, this rare 1.44 Acre property next to the Olympic Oval Venue & the South Valley Regional Airport, is a Prime Development Opportunity for potential Mixed Use, Commercial, Hotel, Multifamily, STR, Athlete Training, etc! Income Producing Rental Income while you develop the property! Property was previously rented for $11,500 per month, but is currently undergoing some improvements. *Currently Zoned Multi Family Dwelling (2-4 Unit)Building. With flexible zoning options and city interest in rezoning, and several plans already drawn up, this property is ideal for a MIXED-USE PROJECT, potentially incorporating Commercial Retail Spaces with Residential Units above, or a full Multi-Family Residential Development. *There are Drawings and talk with the city and Kearns City Council of podium style building with 6 commercial units below and 28 apartments above. (See Attachments). This flat, expansive lot currently includes two existing buildings at 5934 S & 5930 S, each approximately 4,215 square feet, totaling around 8,430 square feet. *Also includes two large storage buildings with basements. Don't miss this rare chance to bring a high-impact project to an area eager for growth. *Further details on city discussions and potential approved plans are available upon request. Owner agent. #investmentproperty #developers #saltlakecity2023 #Olympics #investors #realestateinvesting #olympicoval #utaholympicpark #utaholympicoval

• Heating Information

  • Forced Air
  • Natural Gas

• Cooling Information

  • Central Air

• Utilities

  • Natural Gas Available

• Parking

  • Paved