The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-01-09
QUIET IN REALTY
CIRCLES LAST WEEK
Activity Confined Mainly to
Sales of Residence Lots in
City Additions.
MARKET GOOD, THOUGH,
FOR THIS TIME OF YEAR
Many Important Deals Pending
and Spring Prospects Are
Unusually Bright.

Real estate trade in Salt Lake for the
last week has been mostly confined
TO sales Of residence lots in tho various
additions. with only two or three trans
actions involving more than $4,000
each: One of these deals was the sale
of Main street property between Sixth,
and Seventh South streets for $4,000
10 W. O. KAY Of Ogden.
This property, having frontage of
50 y feet on Main street and a depth
of LOO feet, sold for Approximately
Tlol a front foot. improvements con-
ssting of three seven room frame houses
were not considered IN the sale although
they arc at present paying almost per
cent Ect on the investment.
Another important purchase of The
bought lot 23l2 feet by 90 feet on
State street. opposite the City and Couu-
ty building, for $l0.250.
Building operations generally have
been retarded in the week, but two
large contracts have been LET and others
are pending One of these contracts
was for the Dalv building at the north.
cast corner Of Nam and Fourth South
streets. The building will be erected
by the Thompson. .Sterrett company. 1t
will have frontage of 100 feet on
Main street and l65 feet on Fourth
South street The height of the build
ing has not been determined, but it will
| be either three of five stories. and the
cost will be between 100000 and
| S156,0O0.
The contract for the new mill Of the
Sierra Nevada Lumber company adds
another $40, 900 TO the prospective build
| ing operations and there arc a nnmbcr
| of other sets of plans in the hands OF
rtc ,-b,, will lao rou1Ny f0r
submission for bids within the next ten
days.
New Theater Plans Done.
Plans for the new theater to be
erected on State street by Samuel New1
house have been completed the last
week and forwarded TO New York where
they will he passed upon before the
contracts are let
The PauIy Jail Building company is
now getting ready TO begin work on
furnishing the cells for the new county
Jail and the erection of the sheriff 's
residence and the concrete driVeways
around the property. These contracts
were let last week, involving $4,000.
The general tone of the real estate
market for the week. according TO SOW
cral local dealers. has been much more
active than is usually expected for tho.
first week III January There has been
more shopping than usual and 8
number of important deals arc pending
and due for final settlement within the
next few days.
Leases on twenty or more store rooms
| in the business district have been made
i'm the week and others are about to be
| closed.
New South Side Addition.
Another south side residence addition.
will be placed on the market within me
next few days under the name of john
sons State Street addition. Plats tor
this tract have been prepared by me
| Homer Realty company and they VIII
be submitted TO the city council Mon,
dav night. This addition faces easy
on State street and the plat to be SUD-
mitted shows n division into lO4 lotsf
| IT is the intention of the Homer com5
many 10 put in an independent water
system 10 include this addition nexp'
sprinp. Eight lots have already been,
sold. subiect to the city's acceptance OF
the plat. g.,
George r. Evans, sales manager fol,
the company. reports a continued denlans
| for lots in the Bonair Acres tract wes'
of the city. and IL is expected that puilu-
ing operations in this suburban adoltion
will be active in the early spring anu
summer. oJa
More than half the lots in Qvanaa1
addition have been sold within the lase
few months. This addition is one oIocA
south of Eleventh East street. running
between Eighth East and Ninth st Esst
streets. Garfield avenue, the street
running through the addition, has peen
graded and water mains have oscn
laid and building operations on inc Ioss
already sold are only awaiting the open
ing of spring.