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354 N State St
Orem, UT 84057
Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Prime State Street frontage with floor-to-ceiling window exposure.
  • 3,565 SF including main level, upper area, and basement.
  • Includes laundry, beverage station, and ADA restroom.
  • Fully remodeled, clean, and well-maintained interior.
  • Turn-key salon setup with stations, wash bays, and prep areas.
  • New roof and updated systems.

EXECUTIVE SUMMARY

Positioned directly on State Street in the heart of Orem, this impeccably remodeled 3,565 SF commercial space delivers unmatched visibility, modern finishes, and a layout ready for a high-end salon, studio, spa, or boutique retail concept. Floor-to-ceiling storefront windows flood the interior with natural light and give your business maximum exposure to one of Utah County’s busiest corridors.
The current owner has operated a highly successful salon here for years, maintaining the property with exceptional care. The interior includes fully finished main-level work areas, private treatment zones, an upper loft space, and a functional basement for storage or operations. The remodel blends industrial warmth with clean, contemporary design—polished concrete and tile floors, custom mirrors (not included in the sale), updated lighting, fresh paint, modern cabinetry, and stylish partitions throughout.
The property also features multiple wash stations, color mixing and prep areas, a break room with laundry, a beverage station, and an ADA-accessible restroom. Mechanical systems are well maintained and the roof is brand new, giving future owners peace of mind and reduced long-term operating costs.
This is a turn-key opportunity for salon operators or an adaptable canvas for any retail or service-based business seeking prime frontage, strong traffic counts, and a space that already looks like it belongs in a magazine.

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Building Size
3,565 SF
Building Class
C
Year Built
1950
Price
$1,150,000
Price Per SF
$322.58
Building Height
1 Story
Building FAR
0.31
Lot Size
0.26 AC
Zoning
C-1

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-006-0023
Land Assessment
$255,000
Improvements Assessment
$105,000
Total Assessment
$360,000
  • Listing ID: 38824841

  • Date on Market: 12/18/2025

  • Last Updated:

  • Address: 354 N State St, Orem, UT 84057

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