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$2,300,000
1196 N State St, Orem, UT 84057
0 Beds
0 Baths
n/a sqft

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Rare Opportunity!!! Properties being sold are for ALL as a combined sale. There is 4 Residential Homes along with 1 Industrial Building 11,157 SF. All Properties are Zoned C-2 Commercial. Approx 1.67 Acres in total. One home is the corner lot of State Street and 1200 North in Orem. All homes are leased to Residential tenants now along with the Industrial building being leased to businesses currently. Purchase and hold as is, and or Purchase and have rental income as you plan a development for multiple possibilities in this type of zoning in Orem. Having a State Street frontage corner is a bonus. List of Properties are: 1196 N State, 331 W 1200 N, 315 W 1200 N, 293 W 1200 N, Orem, Utah 84057 - Industrial Building sits on all parcels. Utah County Parcels: - Utah County Parcels: 17-040-0055, 17-040-0056, 17-040-0078, 17-040-0082. Square footage figures are provided as a courtesy estimate only and were obtained from Utah County Records. Buyer is advised to obtain an independent measurement on ALL properties. Square footage figures are provided as a courtesy estimate only and were obtained from Utah County Records. Buyer is advised to obtain an independent measurement for ALL properties.
  • Price:
  • $2,300,000
  • Acreage:
  • 1.67
  • Year Built:
  • 1945
  • Listing ID #:
  • 1708226
  • Street Address:
  • 1196 N State St
  • City:
  • Orem
  • State:
  • Utah
  • Postal Code:
  • 84057
  • County:
  • Utah
  • Community:
  • Pl Grove- Lindon- Orem
  • Listing Status:
  • Pending
  • Listing Type:
  • Commercial Sale
  • Building Condition:
  • Blt./Standing
  • Construction Status:
  • Blt./Standing
  • Exterior Features:
  • Out Buildings, Rv Parking, Warehouse
  • Flooring:
  • See Remarks, Carpet, Hardwood, Concrete
  • Type Of Roof:
  • Aluminum, Asphalt
  • Windows:
  • See Remarks, Blinds, Drapes
  • Year Built:
  • 1945
  • Conforms To Zoning:
  • Single-Family, Commercial
  • Existing Land Use:
  • Industrial, Office
  • Lot Square Footage:
  • 72745.2
  • Zoning Description:
  • C-2
  • Days On Market:
  • 244
  • Excluded:
  • See Remarks, Equipment/Machinery, Furniture, Inventory, Supplies
  • Included In Sale:
  • See Remarks, Real Estate
  • On Market Date:
  • 2020-10-19
  • Originating Mls:
  • Utahrealestate.Com
  • Terms:
  • Cash, Conventional, Exchange
  • Property Taxes:
  • $9,933
  • Appliances:
  • Real Estate
  • Cooling System:
  • See Remarks
  • Has Central Air Conditioning:
  • Yes
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Presidio Real Estate Company (south Utah Valley)
  • UTWASATCH

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