Do not buy or rent a condo at the Broadway Lofts in Salt Lake City until you read this. The Broadway Lofts are one of the more popular loft communities in the downtown Salt Lake City area. Before you jump in and make a decision, there are some important things that you should know about this community. We are going to take a look at the pros and the cons for the Broadway Lofts.
Click here to see a list of all of the currently available at the Broadway Lofts
The Broadway Lofts are located at 159 W 300 S in downtown Salt Lake City. The building is beautiful and the location is great. The units themselves are stylish, for the most part. Some of the lofts don’t have that lofty feel to them like you would expect, though. With a low HOA fee and a secure covered parking, the Broadway Lofts can be a good place to live.
Summary of the Broadway Lofts in Salt Lake City:
Pricing: $200,000 – $600,000 (the penthouse was recently for sale for $1,000,000, but it is the only unit that would be that price)
HOA Fee: $200-$250/month (depending on the unit)
HOA Covers: Water, sewer, trash removal, recycle, common area, exterior insurance, garage parking
Size: 750 – 2600 square feet (most units are 750 – 950 square feet)
Year Built: 1900
Animals Permitted? Smaller than 20 lbs allowed
Parking: 1 car carport
FHA Approved: No
Click here to see all of the lofts for sale in downtown Salt Lake City
Let’s consider the pros and cons for the Broadway Lofts
The Broadway Lofts are in a great location. Being right downtown means that you can walk to everything. Now that the new downtown Harmons was completed, you can even walk to the grocery store. The building itself is architecturally very interesting. Some of the units have that urban, industrial, lofty feel that we all expect from a loft. The entrance into the building is gated and it feels very safe and secure. The immediate area feels relatively safe. You would probably feel just fine walking around the neighborhood at night.
My complaint with the Broadway Lofts is the same complaint that I have about most loft communities. A lot of the units just don’t feel like a loft. You expect to see exposed vents, tall ceilings, open floor plan, and huge windows, right? Well, like a lot of other loft communities in downtown Salt Lake City, many of these units just don’t have those things. Some of them just feel like old condos. There is a wide variety of floorplans, though, so you need to take a look at them. Parking is also a concern. No garage? Really?
Other nearby condominium complexes:
Broadway Park Lofts
Parc at Gateway
Northridge Heights Condos
Sampson Altadena Condos
Feel free to call or email me if you have any questions or you want to take a look at the Broadway Lofts in Salt Lake City
Connor Southworth, SFR, CNE
Short Sale/Foreclosure Resource, Certified Negotiation Expert
Licensed in UT
(801) 792-5326 (direct)