There are many factors to consider when it comes to finding commercial real estate in Utah. These include zoning, buildings, and location.
It is important to understand what your goals are when it comes to buying commercial property. Then, you can look for properties that are a good fit for your investment strategy.
Zoning
Zoning is the system of use regulations that determine how property in a particular area can be used. It can also affect things like property taxes, safety requirements, and accessibility.
Commercial real estate is usually subject to more stringent zoning laws than residential property, and the requirements may be different for each type of building. For example, businesses that host live entertainment such as nightclubs are often required to be located near schools or churches.
Commercial zoning laws can be complicated, and understanding them can help you avoid a lot of potential problems. Whether you’re an investor or a developer, zoning can make a big difference in your property’s potential.
Buildings
In Salt Lake City, Utah, the Granary District is a thriving area for new and existing businesses. This area of the city has a mixture of old industrial charm and existing flour mills that make it a great place to buy or lease commercial space.
In addition, the area has plenty of amenities to keep people happy. From clothing stores to pilates and yoga studios, Utahns love this part of town.
Finding the best place to locate your next business venture is an important decision that needs to be made with careful research and consideration. Having the help of an experienced business real estate professional will make the process easier and more productive. The best business realtors are the ones who understand your needs and are willing to put in the work. Jody Jones is one such professional with her finger on the pulse of the Salt Lake City commercial real estate market. She is a CCIM award winner, a top producer and a business owner herself.
Location
The location of commercial real estate is a crucial factor for any business owner. Whether you’re looking for an established lot or new construction, the state of Utah offers plenty to choose from.
The state has long been a top choice for entrepreneurs, with a reputation for ample infrastructure, low taxes and tax breaks, and a strong economy. It’s no wonder Utah has earned the title of Forbes’ best state for business several times over.
As a result, the state continues to attract a wide variety of businesses and employees. Those companies are looking for spaces to grow their operations.
To help them find the right space, a commercial real estate broker can help with everything from finding a suitable building to negotiating a lease. They also have extensive knowledge of local markets and can help you make the best decision for your business.
Potential
If you’re looking for commercial real estate in Utah, the state has plenty of opportunities to choose from. With a diverse population, great potential, and many booming cities, you’ll find an ideal property here!
Salt Lake City, for example, is an incredible place to invest your money. With an abundance of tourists coming into the area, it’s a great opportunity to buy retail space or office space for rent in a popular location.
While it’s important to know where your business can thrive, you’ll also want an experienced professional to guide you through the process of locating and developing commercial real estate. That’s where a Coldwell Banker Commercial agent can be invaluable!
Jody Jones has a strong grasp on the changing landscape of commercial real estate in Salt Lake City. She has negotiated several large development projects in downtown, the 9th and 9th area, the 15th and 15th area and the Granary District. She knows these areas better than most and has the drive and tenacity to get you the best possible deal!
