Centennial Plaza

For Sale

7676-7680 S State St, Midvale, UT 84047

Ideal for investors seeking stability and value-add opportunities in a dynamic Salt Lake County market. Strategic central location with excellent accessibility off of State Street, the property benefits from close proximity to major freeways, public transportation options, and high average daily traffic counts.This investment opportunity features four commercial buildings situated on two parcels, totaling 1.29 acres. Two of the buildings are flex-style structures encompassing 40 individual units, which offer the flexibility to be combined to accommodate current or future tenant expansion needs--an attractive feature for growing businesses. The remaining two buildings include a single-family residence and a fully renovated retail space, now equipped for a restaurant use including a brand new hood, grease trap, restrooms, flooring, lighting, etc. The restaurant building includes a newly executed 5-year lease. The asset provides immediate in-place cash flow with a current cap rate of approximately 6.3%, with strong upside potential through rent escalations or repositioning strategies.

Key features

  • (4) Commercial Buildings on (2) Parcels Totaling 1.29 Acres
  • Centrally Located Property with Excellent Access off State Street & Close Proximity to Major Freeways
  • Fully Renovated Retail/Restaurant Building as well as a Single-Family Residence
  • Ideal Investment Opportunity
  • Immediate In-Place Cash Flow with Strong Upside Potential
  • Restaurant Building Includes Newly Executed 5-Year Lease
  • Two Flex-Style Structures Encompassing 40 Individual Units

Building Details

  • For Sale $6,350,000
  • Property Type Retail - Street Retail
  • Property Size 21,074 SF
  • Lot Size 1.29 Acre
  • Additional Rent Price on request
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1976
  • Date Updated Sep 17, 2026
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Contacts

Chris Metos

InterNet Properties

Location

  • City Midvale, UT
  • Zip Code 84047
  • Market Salt Lake City
  • Walk score 56/100 Somewhat Walkable
  • Transit score 52/100 Good Transit
  • Bike score 48/100 Somewhat Bikeable
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Points of Interest

Midvale Center

0.12 miles

Bingham Junction

1.29 miles

Fashion Place West

1.54 miles

Historic Sandy

1.58 miles

Rideshare

1.69 miles

Historic Gardner

1.73 miles

Sandy Expo

2.12 miles

Murray Central

3.34 miles

Murray North

4.50 miles

Crescent View

4.68 miles

Holiday Oil

0.23 miles

Shell

0.51 miles

7-Eleven

0.71 miles

Phillips 66

0.72 miles

Maverik

0.99 miles

Sandy Petroleum

1.09 miles

Chevron

1.16 miles

Tesla Supercharger

1.43 miles

ChargePoint

2.10 miles

Blink

4.66 miles

Church Parking

0.32 miles

Park 'n' Ride

0.80 miles

Parking Garage

2.43 miles

Grandview Parking Lot

3.10 miles

Parking Lot A

4.78 miles

Parking Lot B

4.81 miles

Parking Lot C

4.85 miles

Parking Lot D

4.89 miles

Parking Lot O

4.89 miles

South Reniassance Parking

4.91 miles

International Marketplace

0.55 miles

Casa Blanca

0.95 miles

Good Earth Natural Foods

1.12 miles

Harmon's

1.13 miles

WinCo Foods

1.33 miles

Ross

1.46 miles

Sprouts Farmers Market

1.57 miles

Dillard's

1.60 miles

Smith's

1.62 miles

Nordstrom

1.77 miles

Listing Summary

  • Property Financials

    7676-7680 S State St is currently listed for sale at $6,350,000 for a price per square foot of $301.32.

  • Property Details

    7676-7680 S State St totals 21,074 square feet of Retail space on a lot spanning 1.29 acres. The property was initially built in 1976. Based on its location, amenities, and finishes, the property is listed as class C.

    Tenancy at 7676-7680 S State St is listed as Multi-Tenant.

  • Area Characteristics

    In terms of ease of commuting, the area has a walk score of 56, indicating that it is somewhat walkable.

Contact Chris Metos
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