1215 S Main St 2,142 SF Office Building Orem, UT 84058 $585,000 ($273.11/SF)

Price: $585,000
2,195 Square Feet (Split evenly between main level and lower level)
Standalone building
Fantastic Location for Various Retail Uses or
Professional Office
Zoning: Planned Development (Same as University Mall and Most Shopping Along University Parkway) –
Designed to allow flexible, mixed-uses.
Parking: 10 Designated off-street parking spaces (More parking along street directly to west as needed)
Very good visibility: Ideally located on Orem Main Street next to a 4-way stop. Owner has had a lot of high-quality walk-in traffic over the years
Lit sign on north side of property
Opportunity for owner/user, partial owner/user with
mix of tenants, or, a full investment with multiple tenants
Furniture: Seller willing to include some of the furniture and an ATV/Snowplow to use for clearing the parking lot via separate bill of sale at closing. Appliances also Included
Originally built 1960, but has been nicely remodeled inside (see pics)

Main Level Tenant 1
Tenant In place since 2017
Leases southeast office, shared conference
room, reception and bathroom
$1,200/mo full-service
Lease is month-to-month
Main Level Tenant 2
Sellers space – Currently Occupies main
office at entrance, small second office, 1
office in the basement, and shared
reception, bathroom, and conference room
Opportunity to replace seller with a new
tenant and create a full rental property
Opportunity for buyer to come in and occupy
whatever space is needed for their own
business, and rent out the balance to help
cover the mortgage
Seller willing to stay in space until December
2026
Executive Suite
Separate private entrance to lower-level
executive suite
Current occupant has leased the space on a
month-to-month basis since 2022
Current lease rate is $1,000/month full-
service, including utilities and operating
expenses
Existing configuration includes multiple
private rooms, kitchenette area, restroom,
and flexible common area/workspace
Potential opportunity for additional
supplemental income, with the full lower-
level executive suite configuration
estimated to support lease rates of
approximately $1,500/month or more
depending on use and terms
Property Expenses
$950/mo average between 2024 and 2025 – Includes
taxes, insurance, utilities, internet, and common
area maintenance (Neighbor currently
maintenance lawn and trimming for $200/mo). This
average included a new $3000 water heater
replaced.