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580 MAIN ST, Park City, UT 84060
$625,000
580 MAIN ST, Park City, UT 84060
Type
Condo
List Price
$625,000
Price/Sqft
$1440
Est Gross Yield
2.9%
$18,204/yr est.
Property Details
Description
Positioned in the heart of historic Main Street, Galleria #402 offers a rare opportunity to own a turn-key studio in one of Park City's most recognizable Old Town buildings. This residence has been thoughtfully updated with new flooring and fresh paint, creating a bright and welcoming space ready for immediate enjoyment. The studio features an efficient layout with a kitchen, private bathroom, and flexible living space designed to accommodate guests comfortably. Just outside your door, you'll find the energy of Main Street's restaurants, boutiques, and galleries, while the Town Lift provides convenient ski access to Park City Mountain. Grand Galleria amenities include a rooftop deck with panoramic mountain views, hot tub, secure entry, elevator access, and common laundry. HOA dues cover nearly all utilities including gas, water, sewer, snow removal, and exterior maintenance. Offered fully furnished and approved for nightly rentals, this property presents an exceptional opportunity to own a low-maintenance property with strong rental potential in one of Park City's most vibrant locations. Owners may obtain up to four residential parking permits and one guest hang tag at no cost through Park City Municipal, allowing convenient parking at the nearby Gateway and China Bridge garages.
Listed by Jack Bridges · Coldwell Banker Realty (Park City-Newpark)
Location
580 MAIN ST, Park City, UT 84060
Proforma
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Cap Rate
1.94%
Cash-on-Cash
-7.31%
Cash Flow
-$1,427/mo
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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 7/30/2026, 2:22:23 AM. 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.