5600 is a $5,037,000, 44,532 square foot, 32 bedroom, 29.0 bath home on a 2.63 acre lot located in Murray, UT.
Located in Idyllic East Murray! Mixed Use Apartment\Office Opportunity Includes 2.62 Acre 'Park-Like' Setting and a 44,532 SF Wheel Chair Accessible 3-Story Building. Entire Main floor, and Partial of Second Floor is a Combination of Office, Conference Rooms and Storage Space. (19,200 SF or 48% of Building) Perfect for Owner-Occupant. (Most Recently the Seller's Main Corporate Office to "Utah Based" Skilled Nursing Facilities, Employing Approx. 1200 Employees.) The Top Two Floors Accommodate 29 Apartment Units (23,335 SF or 52% of building). The Current Parking Ratio is 2.5 Parking Stalls Per Dwelling Unit. Valuation of Building Based on 6.1 % Cap Rate Pro Forma. Historically, this Building Was Previously Known as the Cottonwood Maternity Hospital; Located Just 0.1 Mile from TOSH Orthopedic Hospital and 0.7 Mile from IMC Hospital. Although its Current Use is Multi-Family; it's Design and Location Offers Excellent Opportunity for Use as Senior Living Center. Parcel is Zoned R-M-15, Tax ID #22-18-177-014: MLS#1549354. *Parcel #1(Above Building) May Be Purchased with 344 E 5600 South Murray UT 84107 (MLS#1549357) Described Here as Parcel #2(Vacant Land) for a Total Purchase Price of $6,270,000. Parcel #2 Tax ID# 22-18-177-005 is 1.53 Acre Vacant Land Zoned R-1-8, with an Egress to Two Separate Streets; 5600 South and Hillside Drive. Together Both Parcels Offer Contiguous 4.15 Acres Offering Abundant Possibilities for Future Development!
Exterior Features - Entry (Foyer)
Accessibility - See Remarks
Accessibility - Elevator
Floor - Carpet
Floor - Vinyl
Inclusions - Alarm System
Lot Facts - Sidewalks
Exterior Features - See Remarks
Amenities - See Remarks
Lot Facts - See Remarks
Additional Information - See Remarks
Joint Gas Meters
Joint Power Meters
Sep. Air Conditioning
Some Utilities In Rent
Landscape - See Remarks
Lot Facts - Additional Land Available
Based on information from the Wasatch Front Regional Multiple Listing Service, last updated 05/20/2019 at 12:50am MDT. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or this website.