7447 S Main St, Midvale, UT

About 7447 S Main St

Covered land opportunity: currently improved with a single-family home generating $1,575 in monthly rental income. This allows for immediate cash flow while entitlements or development plans are underway. Midvale City has funding available if the project were to affordable through their Upper Floor Housing Program. Additional information about this is available on request. Zoning: Main Street Form-Based Code (MS-FBC) Flexible zoning allows for a variety of uses, including rowhomes, apartments, retail, and mixed-use development. Projects with frontage on a Primary or Side Street must include at least 30 feet of active ground floor use (e.g., retail or commercial). Additional frontage beyond the required 30 feet can transition to residential based on project design. Rear faades may be entirely residential-no retail requirement. Streamlined approval process: Administrative approval only (no city council involvement). Reduced parking requirement: Only 1 stall per residential unit is required. DEVELOPMENT POTENTIAL With 100 feet of frontage on Main Street and MS-FBC zoning, the site offers an excellent opportunity for infill residential or mixed-use development. The parcel's location supports podium, rowhouse, or townhome product types and benefits from flexible design standards and minimal parking requirements. Located on Midvale City's historic Main Street which is currently being gentrified- famous for The Sandlot being filmed onsite. New multi-family complexes with rooftop decks. City offers attractive grant programs and affordable housing development loans/programs for developers. Cactus & Tropical located down the street. Brewery coming in walking distance from subject. Food Truck Plaza kiddie-corner from property. Cafes, festival lighting and much more. It's the next spot to take off in Salt Lake County.

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