Views
Address
7321 S Canyon Pkwy, Cottonwood Heights, UT
Price
$ 15,000,000
Property Attributes
  • MLS#2184516
  • TypeCommercial
  • Listing Status Active
  • CountySALT LAKE
  • CityCottonwood Heights
  • AreaHolladay
  • Zip84121
  • Style
  • Year Built2019
  • Taxes$ 84665
  • Price$ 15,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage16984
  • Lot Size3.95 Acres
Data Source:
Wasatch Front Regional MLS (WFRMLS)
Property Description

A rare opportunity to acquire or lease one of Salt Lake County's most distinctive trophy hospitality properties. This property represents an exceptional combination of premier real estate, high-end improvements, strategic location, and irreplaceable hospitality infrastructure. Ideally positioned with convenient freeway access and minutes from Utah's world-renowned ski destinations-including Snowbird, Alta, Solitude, and Brighton-the property occupies a highly desirable location serving one of the region's most affluent and sought-after demographics. New luxury condominiums, planned upscale apartments, and a Marriott hotel within walking distance further strengthen the property's long-term positioning and provide a compelling mix of affluent local clientele, destination diners, business travelers, and year-round visitors. The building features expansive windows, abundant natural light, and dramatic views. The improvements have been thoughtfully executed to deliver both efficiency and an elevated guest experience. The property is fully turnkey, anchored by a state-of-the-art commercial kitchen and hospitality infrastructure that would be difficult and costly to replicate today. The expansive floor plan includes multiple large dining areas, private dining rooms, bar, and sophisticated lounge spaces. This diversity creates significant optionality for fine dining, private events, corporate functions, entertainment, experiential hospitality concepts, or a flagship operation for a regional or national hospitality group. The property has 57 dedicated parking stalls, supplemented by substantial underground parking, an increasingly valuable amenity for a destination hospitality asset of this caliber. Business assets, distilling equipment, and barrel-aged spirits inventory are available for negotiation, creating the opportunity to acquire not only an exceptional real estate asset, but also the infrastructure and components of an established, highly differentiated hospitality destination. The combination of scarcity, location, significant existing improvements, affluent demographics, surrounding luxury development, and proximity to Utah's world-class mountain resorts, this offering represents a truly unique acquisition or leasing opportunity.

Price History
9/10/2026 Listed $15,000,000

General Features

Year Built 2019
Property Subtype Retail
Current Use Retail
County Salt Lake
New Construction No
Property Type Commercial Sale Commercial Lease
HOA No
Attached Garage No
Facing Direction West
Garage Y/N No
Status Active
City Cottonwood Heights
Senior Community Y/N No
Zoning Description MU ZC
MLS Area Holladay; Murray; Cottonwd
Lot Size Units Acres
Lot Size Square Feet 172062.0
Carport Y/N No
Property Attached Y/N No
Tax Annual Amount 84665.0
Home Warranty Y/N No
Property Condition Blt./Standing
Ok to Lease Month
Lease Considered Y/N Yes
Living Area Units Square Feet
Standard Status Active
Leasehold Rent $/Mo 75000.0
PostalCity Cottonwood Heights
ADU No

Interior Features

Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No

Exterior Features

Lot Size Area 3.95
Spa No
Building Area Total 16984.0
Lot Dimensions 0.0x0.0x0.0
Lot Size Acres 3.95
Frontage Length 0.0
Private Pool No
Waterfront Y/N No
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 84121

Price
AVG $1.59M
$15M
Taxes
AVG $19,079
$84,665
Year Built
AVG 1999
2019
Visits
AVG 45
2
Data Provided by Inside Real Estate®

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