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$1,700,000 Just Listed
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Property Description
Excellent opportunity to acquire a cash-flowing commercial property with an established operating business. This location is part of a four-property laundromat portfolio in Salt Lake County offered at $6,175,000. Investors may purchase individual locations or inquire about the full portfolio. Each laundromat in the portfolio has been recently renovated and equipped with modern, high-efficiency machines featuring integrated management software that allows owners to monitor performance, usage, and operations remotely from a smartphone or computer with an internet connection. All locations are positioned in high-traffic neighborhoods across Salt Lake County, providing strong customer access and consistent demand for self-service laundry. This specific listing is located in the Rose Park area of Salt Lake City, serving a dense residential population with steady laundry demand. Portfolio structure: Four total laundromat locations Two owner-occupied properties included in the sale Two leased locations with long term lease terms and extension Additional portfolio listings: MLS 5312835 MLS 2137580 MLS 5314876 MLS 5316827 This opportunity may appeal to investors seeking stable cash flow, entrepreneurs entering the laundromat industry, or experienced operators looking to expand an existing portfolio.
Full Property Details
Full Property Details for 1315 W 500 N
General
- Price: $1,700,000
- Taxes: $6,885
- Status: Active
- Type: Retail
- Source: WFR
- MLS ID: 2143526
- Updated: 3/16/2026
- Added to Site: 3 day(s) ago
Location
- Area: Salt Lake City; Rose Park
- County: Salt Lake
- Subdivision: OAKLEY
- Cross Streets: 500
- Direction Faces: North
Structural Information
- Current Bldg. Use: Retail
- Year Built: 1950
- Property Condition: Blt./Standing
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,969.6
- Lot Size: .16
- Zoning: CN
Financial Considerations
- Tax Amount: $6,885
Disclosures and Reports
- Property ID: 08-35-151-008
Listed by Colliers International LLC (Wasatch)
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Schools
Schools serving 1315 W 500 N
School District:Salt Lake City School District
| Name | Grades | Distance |
|---|---|---|
Backman School 601 North 1500 West, Salt Lake City, UT 84116 | PK-6 | 1.2 mi |
Innovations K-8 1700 South State Street, Salt Lake City, UT 84115 | K-8 | 3.8 mi |
West High School 241 North 300 West, Salt Lake City, UT 84103 | 7-12 | 1.5 mi |
Northwest Middle School 1730 West 1700 North, Salt Lake City, UT 84116 | 7-8 | 1.9 mi |
Innovations High School 1700 South State Street, Salt Lake City, UT 84115 | 9-12 | 3.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1315 W 500 N
Date
Details
Price
Change
Source
3/16/2026
Listed
$1,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1315 W 500 N
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,886
7%
$745,200
10%
2024
$6,456
6%
$677,500
10%
2023
$6,095
121%
$616,500
135%
2022
$2,759
-9%
$261,800
—
2021
$3,047
-1%
$261,800
4%
2020
$3,079
-3%
$251,800
3%
2019
$3,176
-7%
$244,400
—
2017
$3,406
—
$244,400
2%
2017
$3,406
-2%
$239,100
3%
2016
$3,482
-10%
$232,100
-5%
2015
$3,877
-1%
$245,000
—
2014
$3,909
-4%
$245,000
—
2013
$4,085
—
$245,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1315 W 500 N
1315 W 500 N, Salt Lake City, UT 84116 (MLS# 2143526) is a Retail property. 1315 W 500 N is currently listed for $1,700,000 and was received on March 16, 2026. Want to learn more about 1315 W 500 N? Do you have questions about finding other Retail real estate for sale in Fairpark? You can browse all Fairpark real estate or contact a Coldwell Banker agent to request more information.

