July 30, 2014

Cover Story

CEO of the Year

Utah’s business landscape is rich with professionals who have le...Read More

Featured Articles

Did you go Skiing this winter?

Around Utah

Sections

Spotlight
Martin Plaehn

Spotlight
Karen Sendelback

Legal Briefs
Social Media and Employers: Friends or Enemies?

Money Talk
The Case for HSAs

Economic Insight
Time to Show Up

Lessons Learned
Make a Move

TechKnowledge
In the Lab

EntrepreneurEdge
Rent to Own

Business Trends
Back from the Dead

Executive Living
Artful Inspiration

Features
A Breath of Fresh Air

Features
Worst-Case Scenario

Regional Report
Northern Utah

Focus
Measure Up

Industry Outlook
Travel & Tourism

Players
Players

Article

Historic Park City Main Street Building Sold

Press Release

July 30, 2014


Park City – A historic 4,700 square-foot building at 591 Main St. in Park City has been sold to Park City-based PCMAIN LLC. The seller was Meyer Crest, Ltd. of Berkeley, Calif.

 “Due to Main Street’s high occupancy rate, prime vacancies are few and far between, particularly for a core structure such as 591 Main,” said Steve Hooker, director at Cushman & Wakefield | Commerce, who represented the seller. “Compared to previous years, the building sold fast—it was on the market for only four months. And at $2,950,000 or $628 per square foot, it was a significant transaction for the sellers and a new benchmark for the other commercial real estate offerings on Main Street.”

The building is one of only a few in the area that survived a devastating fire in 1898. The structure has had ongoing operations over the past 120 years. It is one of the few large retail spaces available in the Main Street business area of 2,400 square feet of open floor space as well as four residential units on the upper level. 

Utah Business Social
UB Events View All
Health Care HeroesUtah Business Event
Oct 21, 2014
Please join us, along with our sponsors, MountainStar Healthcare, and Roseman University in honor...
Content Marketing BootcampUtah Business Event
Oct 28, 2014
Please join Utah Business Magazine, along with our sponsor Adobe, for an in-depth, hands-on, educ...
Community Events View All
Utah's Crossroads Conference
Sep 16, 2014
The Crossroads Conference is the largest HR conference in Utah! It offers comprehensive and relev...
Photoshop Level 1
Sep 16, 2014
If you are new to Photoshop, or have used a previous version of Photoshop and need a refresher, t...

info@utahbusiness.com  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
Date(s):
to
* Event Description:
  Cancel