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Show MAiN STREET REALTY DEAL Scolt-Strevell Block Is Sold. 0. J. Salisbury, Becomes the Owner of Fine Piece of Property, Somo Figures to Show tho Value of This Block as a Permanent , Investment. r OJ. SALISBURY became the possessor pos-sessor of .a very valuable piece f of business property on Main street yesterday in a deal with tho Strevell-Pntlerson Hardware company. com-pany. This Is the property known as the Scott-Strcvell building, a few doors above Walker Bros.' bank corner. The price paid was 565,000, and the deal was made because the hardware company desires to uso its capltlal ln enlarging the scope of it6 wholesale business. The property involved ln the deal is considered especially valuable as an Investment. In-vestment. The building is six storjes high and covers a frontage. orf twenty-five twenty-five feet on Main street. The Scott-Strevell Scott-Strevell is said to be the "biggest little building in Salt Lake." . It contains fifty-one olfices and "yields a monthly rental of $1000. It Is now snid to be paying an income of C per cent on 100,-000. 100,-000. It is also intimated that this same property Is likely to change hands again within tho next few days at a price greatly In advance of the figure named above, showing that the demand for gilt-edged Main street business property prop-erty Is stronger than ever. ' |