7321 S CANYON PKWY

Cottonwood Heights, UT 84121

Cottonwood Heights, UT 84121

7321 S CANYON PKWY

$15,000,000

MLS#: 2184516

Status: Active

Listing provided by: Align Complete Real Estate Services LLC

Listing agent phone: None

Last update: a day ago

New on site 2 days ago

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About

A rare opportunity to acquire or lease one of Salt Lake County's most distinctive trophy hospitality properties. This property represents an exceptional combination of premier real estate, high-end improvements, strategic location, and irreplaceable hospitality infrastructure. Ideally positioned with convenient freeway access and minutes from Utah's world-renowned ski destinations-including Snowbird, Alta, Solitude, and Brighton-the property occupies a highly desirable location serving one of the region's most affluent and sought-after demographics. New luxury condominiums, planned upscale apartments, and a Marriott hotel within walking distance further strengthen the property's long-term positioning and provide a compelling mix of affluent local clientele, destination diners, business travelers, and year-round visitors. The building features expansive windows, abundant natural light, and dramatic views. The improvements have been thoughtfully executed to deliver both efficiency and an elevated guest experience. The property is fully turnkey, anchored by a state-of-the-art commercial kitchen and hospitality infrastructure that would be difficult and costly to replicate today. The expansive floor plan includes multiple large dining areas, private dining rooms, bar, and sophisticated lounge spaces. This diversity creates significant optionality for fine dining, private events, corporate functions, entertainment, experiential hospitality concepts, or a flagship operation for a regional or national hospitality group. The property has 57 dedicated parking stalls, supplemented by substantial underground parking, an increasingly valuable amenity for a destination hospitality asset of this caliber. Business assets, distilling equipment, and barrel-aged spirits inventory are available for negotiation, creating the opportunity to acquire not only an exceptional real estate asset, but also the infrastructure and components of an established, highly differentiated hospitality destination. The combination of scarcity, location, significant existing improvements, affluent demographics, surrounding luxury development, and proximity to Utah's world-class mountain resorts, this offering represents a truly unique acquisition or leasing opportunity.

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

2019

Sq.Footage

16,984

Features

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    NO

  • Heating

    None

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    3.95

  • Lot Size(square feet)

    172,062

  • Property Type

    Commercial Sale

  • Property Sub Type

    Retail

Price

  • Sales Price

    $15,000,000

  • Tax Amount

    $84,665

  • Zoning

    MU ZC

  • Sq. Footage

    16,984

  • Price/SqFt

    $883

HOA

  • Association

    No

Property Resources

  • Horse Property

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Senior Community YN

    NO

Schedule

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Location

  • County

    Salt Lake

  • Elementary School

  • Middle School

  • High School

Listing Courtesy of Tyler B Parrish, Align Complete Real Estate Services LLC

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A rare opportunity to acquire or lease one of Salt Lake County's most distinctive trophy hospitality properties. This property represents an exceptional combination of premier real estate, high-end improvements, strategic location, and irreplaceable hospitality infrastructure.  Ideally positioned with convenient freeway access and minutes from Utah's world-renowned ski destinations-including Snowbird, Alta, Solitude, and Brighton-the property occupies a highly desirable location serving one of the region's most affluent and sought-after demographics.  New luxury condominiums, planned upscale apartments, and a Marriott hotel within walking distance further strengthen the property's long-term positioning and provide a compelling mix of affluent local clientele, destination diners, business travelers, and year-round visitors. The building features expansive windows, abundant natural light, and dramatic views. The improvements have been thoughtfully executed to deliver both efficiency and an elevated guest experience. The property is fully turnkey, anchored by a state-of-the-art commercial kitchen and hospitality infrastructure that would be difficult and costly to replicate today. The expansive floor plan includes multiple large dining areas, private dining rooms, bar, and sophisticated lounge spaces. This diversity creates significant optionality for fine dining, private events, corporate functions, entertainment, experiential hospitality concepts, or a flagship operation for a regional or national hospitality group. The property has 57 dedicated parking stalls, supplemented by substantial underground parking, an increasingly valuable amenity for a destination hospitality asset of this caliber. Business assets, distilling equipment, and barrel-aged spirits inventory are available for negotiation, creating the opportunity to acquire not only an exceptional real estate asset, but also the infrastructure and components of an established, highly differentiated hospitality destination. The combination of scarcity, location, significant existing improvements, affluent demographics, surrounding luxury development, and proximity to Utah's world-class mountain resorts, this offering represents a truly unique acquisition or leasing opportunity.

7321 S CANYON PKWY

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