Do not buy a condo at the Dakota Lofts in Salt Lake City until you read this. The Dakota Lofts probably are the best known loft community in the downtown area. Being just across the street from the Gateway Mall and right next to the Trax line, they are very visible. So much so, in fact, that they often get people walking in the doors asking about buying or renting one. The Dakota Lofts have some great features and some serious drawbacks. Let’s take a look at both.
Overview:
The Dakota Lofts are in a good location, right across the street from the Gateway Mall. Like most lofts, they do tend to be small but the space is used well so it doesn’t feel stuffy. This location was better in some ways before City Creek was built. That was back when the Gateway was still the coolest mall in Utah. Now that City Creek is finished, it has taken a lot of traffic away from Gateway. Even now, the Dakota Lofts remain one of the most visible and well known loft communities in downtown Salt Lake City.
Click here to see a list of all of the currently available at the Dakota Lofts
Summary of the Dakota Lofts in Salt Lake City:
Pricing:$175,000 - $450,000
HOA Fee: $120-$250/month (depending on the size of the unit)
HOA Covers: Building maintenance, garbage/recycling, water and cable TV
Size: 541- 1702 square feet (most units are 500 - 900 square feet)
Year Built: 1923
Animals Permitted? Pets smaller than 20 lbs are allowed
Parking: 1 spot in the parking garage
FHA Approved: No
Click here to see all of the lofts for sale in downtown Salt Lake City
Let’s look at the good and the bad for the Dakota Lofts
The Good:
The Dakota Lofts are located at 380 W 200 S in Salt Lake City. For those of you who aren’t familiar with the area, that is directly across the street (to the east) from the Gateway Mall (aka - the second coolest mall in Utah). Trax runs right in front of the Dakota lofts and the Front Runner station is an easy walk away.
Each of the units in the Dakota Lofts has exposed brick, concrete walls, and concrete floors. Some lofts just don’t feel like lofts but these ones really do. All of the duct work is exposed and the only drywall is on the one interior wall. Each unit also has a private balcony. The parking garage is secure and nice and each unit also gets its own storage unit. All in all, I’d say the Dakota Lofts are some of the best lofts in the downtown Salt Lake City area.
The Bad:
The downside to the Dakota Lofts in Salt Lake City is that most of the units are small. If you are not into Ikea living or you weigh more than 140 lbs it might be difficult to live comfortably. The floor plans are open and they do feel bigger than 541 square feet, but still, they are, let’s call it “cozy”. Very cozy. Also, now that City Creek is finished and Gateway is playing second fiddle, they aren’t quite as visible as they used to be. 
Other nearby condominium complexes:
Governors Plaza
American Towers
Broadway Park Lofts
Belvedere
Bonneville Tower
Zion Summit
Broadway Tower
Parc at Gateway
Broadway Lofts
Dakota Lofts
Northridge Heights Condos
Trevi Towers
Stansbury Condos
Pierpont Lofts
838 Condos
Rockwell Condos
Ivanhoe Condos
University Heights
Wasatch Towers
Regent
Uffens Marketplace
Feel free to give me a buzz or email me if you have any questions or you want to take a look at the Dakota Lofts in downtown Salt Lake City.
Connor Southworth, SFR, CNE
Short Sale/Foreclosure Resource, Certified Negotiation Expert
Realtypath
REALTOR (R)
Licensed in UT
(801) 792-5326 (direct)
http://www.UtahHouseQuest.com
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