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Orem Office/Retail 2 Office Properties Offered at $3,430,000 in Orem, UT
Investment Highlights
- Vacant and below market rents offer upside potential for new owners.
- Zoned C-2, Orem’s broadest commercial zone.
Executive Summary
Sale includes two buildings on a single 1.23-acre parcel. Site includes 62 parking spaces. Both buildings offer frontage and signage possibilities on State Street in Orem with an average daily traffic count of 49,000 cars daily. The sale includes a billboard lease with Reagan Signs and a telecommunications lease with Fibernet.
Property Facts
| Price | $3,430,000 | Number of Properties | 2 |
| Price / SF | $217.13 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 15,797 SF |
| Status | Active | Total Land Area | 2.46 AC |
| Price | $3,430,000 |
| Price / SF | $217.13 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 15,797 SF |
| Total Land Area | 2.46 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1455 S State St, Orem, UT 84097 | Office | 11,719 SF | 1985 | - |
| 1481 S State St, Orem, UT 84097 | Office | 4,078 SF | 1968 | - |
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