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4554 FORESTDALE DR photo 11 / 33

$1,995,000

4554 FORESTDALE DR, Park City, UT 84098

Type

Townhouse

List Price

$2.00M

Price/Sqft

$506

Est Gross Yield

1.0%

$20,400/yr est.

Property Details

Property typeTownhouse
Year built2020
Total units1
Living area3,946 sqft
Bedrooms0
Bathrooms1
Lot size0.04 acres
Parking6 spaces
Days on market0
Listed2026-07-16T00:00:00+00:00

Description

Rare opportunity to own one of Park East II's premier commercial condominiums in the heart of Park City. Ideal as an investment or future owner-user opportunity, the property is currently leased to a well-established local tenant with a proven five-year NNN lease history and renewal options, providing immediate income from day one. Offering 3,946 square feet across three levels, the property features 1,800 square feet on the main level with an oversized 14-foot garage door, restroom, and soaring 18-foot ceilings throughout most of the space. The lower level provides an additional 1,800 square feet with 9.6-foot ceilings, ideal for offices, a showroom, storage, or production space. The upper level includes a 350-square-foot private executive office or conference room and opens to a private rooftop deck with views of protected open space and Deer Valley's Bald Mountain. Designed for efficiency and flexibility, the building features no load-bearing interior walls, allowing the floor plan to be easily reconfigured for a wide variety of business uses while minimizing renovation costs. With more than 40 permitted uses, Park East II is home to a dynamic mix of law firms, architects, financial advisors, interior designers, builders, technology companies, and collectors of luxury automobiles, boats, and RVs. Whether you're seeking a quality income-producing investment or a premier flex space in one of Park City's fastest-growing commercial corridors, this property presents an exceptional opportunity.

Listed by Jonathan Crosswhite · Christie's International Real Estate VUE

Location

4554 FORESTDALE DR, Park City, UT 84098

Proforma

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Cap Rate

0.68%

Cash-on-Cash

-10.66%

Cash Flow

-$6,644/mo

Purchase Price$1,995,000
Down Payment35% ($698,250)
Interest Rate6.00%
Monthly Rent$1,700/mo
Vacancy5%
Expense Ratio30% ($5,814)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 7/16/2026, 9:34:03 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.