543 Park AVE Avenue Park City, UT 84060
11,763 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 11,763 sqft
Price per Sqft $2,104
Subdivision Old Town Area
MLS Listing ID 12403392
Style Historical
Year Built 1889
Annual Tax Amount $38,809
Tax Year 2023
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 0.34
Source Park City Board of REALTORS®
Property Description
Historically protected and prominently positioned, the property offers rare flexibility. Continue operating as a boutique hotel, convert to a private single-family residence, establish a private retreat, or pursue a hybrid approach blending personal use with hospitality. The top-floor penthouse, accessed by private elevator, functions as a premier guest suite while also accommodating discreet extended owner stays.
Grand living spaces anchored by a dramatic fireplace, curated ensuite accommodations, heated pool and spa terraces, and immediate access to dining, galleries, and year-round recreation define the experience.
With the 2034 Winter Olympics set to place Park City on a renewed global stage, ownership represents control of a Main Street, ski-accessible asset in a market where comparable historic holdings are exceedingly rare.
Main Street location. Ski access. Historic designation. Exceptional opportunity.
Location
State UT
County Summit
Community Old Town Area
Area 01 - Old Town
Zoning HR1-CUP
Interior
Heating Baseboard, Boiler, Forced Air, Heat Pump, Radiant
Cooling AC - Room
Inclusions Building, Business, Equipment, Furniture & Fixtures, Inventory, Land
Equipment Smoke Alarm
Exterior
Parking Features Guest, Assigned, Covered
Utilities Available Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected
View Y/N No
Roof Type Metal
Accessibility ADA Accessible
Garage No
Building
Foundation Concrete Perimeter
Water Public
Architectural Style Historical
Structure Type Stone
New Construction No
Others
Tax ID Wsi-1-Rr
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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