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4554 Forestdale Drive Unit #32, Park City, UT 84098

$1,895,000
1 Beds
3 Bath
3,600 Square Feet
0 Acre

Property Description

Introducing Park East II, Park City’s first Flex Space Development, completed in 2022. This innovative development seamlessly combines commercial and residential uses, making it the ”Swiss Army Knife” of real estate. Unit #32 is an end unit, sharing one wall, and more privacy. Featuring an oversized garage door and 1,800sf of industrial shop space, it’s the ideal solution for storing additional cars, RVs, snowmobiles, and boats- perfect for all your toy storage needs. The upper level boasts 1,800sf of commercial office space, along with a fully equipped one-bedroom apartment designed for comfortable living. Lastly, for those looking for immediate income, Unit #32 serves as a revenue generator, currently enjoying an impressive 85% tenant occupancy on NNN leases.

BEDROOMS
1
BATHROOMS
3
PROPERTY TYPE
Residential
YEAR BUILT
2022
SUB-DIVISION
Park East II & III Business Community Condominiums
ACRES
0
MLS
#12404917

ABOUT 4554 Forestdale Drive Unit #32:

Listing Details
Residential
For Sale
Condominium
$1,895,000
1
3
3,600
0 Acre
Click Here
2022
Complete
Property Information
: Forced Air
: Air Conditioning
Mountain(s)
: Landscaped - Fully
: Attached, Rec Vehicle Garage, Heated Garage
6.00
: Guest Parking, Assigned
Public
: Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected
Location
4554
Forestdale
Park East II & III Business Community Condominiums
#32
21 - Silver Creek South
Park East II & III Business Community Condominiums
Park City
84098
UT
Summit
Amenities
: Fire Sprinklers, Pets Allowed
: Hike/Bike Trail - Adjoining Project
HOA & Taxes
$2,014
Quarterly
$8,041
No
School District
South Summit
Additional Information
Active
3
: Cash, Conventional
Christies International RE PC
https://tours.christiesrealestatepc.com/4554nforestdalerd32/?mls
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Annett Blankenship & Drew Via
The Park City Investor Team
693 Main Street, Park City, UT 84060
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