Sugar Space

Investment Overview

Spark Realty is pleased to present the Jeremy Street / 800 West Assemblage — a rare, near-downtown urban infill opportunity comprising of three (3) buildings totaling approximately +/-9,438 SF , and three contiguous parcels totaling approximately 0.56 acres (±24,394 SF). in Salt Lake City's rapidly transforming west-side / Power District corridor. The Assemblage combines Jeremy Street and 800 West frontage, existing income-producing and owner-user improvements, and MU-5 mixed-use zoning that supports multifamily, commercial, and hospitality redevelopment. The Assemblage is also available for Lease.

Investment Highlights

• Rare MU-5 mixed-use opportunity just one mile from downtown Salt Lake City, located within Salt Lake City's rapidly transforming west-side redevelopment corridor near the Power District.
• Part of a large three-parcel commercial assemblage totaling ±24,394 SF with dual frontage on Jeremy Street and 800 West
• MU-5 mixed-use zoning supports multifamily, attached single-family, and a broad range of commercial, retail, and hospitality uses up to approximately 55 feet / five stories (buyer to verify).
• Existing improvements provide interim-income or owner-user optionality while a redevelopment plan is entitled, including a ±2,735 SF retail/creative building at 123 S Jeremy Street and a ±6,748 SF (±8,000 SF per prior marketing) warehouse/event venue at 130 S 800 West, currently branded “Sugar Space.”
• Flexible configuration suitable for retail, office, showroom, studio, creative workspace, wellness, education, or owner-user occupancy (buyer to verify).
• Approximately 0.6 miles from Salt Lake Central Station, with access to TRAX, FrontRunner, and the Folsom Trail, and immediate proximity to I-15 and I-80.
• Located between two transformative redevelopment programs — the Fairpark District (5,000+ planned multifamily units, retail, and a new MLB stadium) and the Smith Entertainment Group's Delta Center district — representing a combined $4+ billion of announced investment nearby.
• Less than one mile from anticipated 2034 Winter Olympic venues and the Jordan River Parkway.
• 123 S Jeremy Street is located within a federally designated Opportunity Zone (buyer to independently verify eligibility and tax treatment).
• Seller may elect to participate in a 1031 tax-deferred exchange.