Skip To Content

    1196 N State St

    Orem, UT 84057
    • $2,300,000
    • STATUS: Active Under Contract
    • ON SITE: 340 days
    • ID#: 1708226
    Under Contract
    UPDATED: 50 min ago
    $2,300,000
    • 0
      BEDS
    • 1.67
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1945
    County:

    School Ratings & Info

    Description

    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.

    Monthly Payment Calculator



    Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2021-09-25T14:37:39.777. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
    www.forsaleutahrealestate.com/homes/111152777
    Print Image

    1196 N State St Orem, UT 84057

    • Price: $2,300,000
    • Status: Active Under Contract
    • Updated: 50 min ago
    • ID#: 1708226
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.67
    Acres
    1945
    Built
    Neighborhood:
    Pl Grove; Lindon; Orem
    County:
    Utah
    Area:
    Pl Grove; Lindon; Orem
    Property Description
    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.
    Exterior Features

    Attached Garage YN No Carport Spaces 0 Carport YN No Construction Status Blt./Standing Covered Spaces 0 Exterior Features Out BuildingsRv ParkingWarehouse Frontage Length 0.0 Garage YN No Horse Property YN Yes Lot Size Dimensions 0.0X0.0X0.0 Mobile Length 0 Mobile Width 0 Open Parking Spaces 0 Open Parking YN No Parking Total 0 Pool Private YN No Roof AluminumAsphalt Spa YN No View YN No Waterfront YN No

    Interior Features

    Above Grade Finished Area 0 Appliances Real Estate Basement Finished Percentage 0 Bathrooms One Quarter 0 Bathrooms Partial 0 Building Area Total 0 Cooling See Remarks Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring See RemarksCarpetHardwoodConcrete Heating YN False Main Level Bedrooms 0 Rooms Total 0 Window Features See RemarksBlindsDrapes

    Property Features

    Association Fee 0 Association YN No Capitalization Rate 0 Current Use IndustrialOffice Exclusions See RemarksEquipment/MachineryFurnitureInventorySupplies Inclusions See RemarksReal Estate Irrigation Water Rights Acres 0 Lease Amount 0 Lease Considered YN No Listing Terms CashConventionalExchange New Construction YN No Number Of Pads 0 Number Of Units Leased 0 Power Production Solar Year Install 0 Property Attached YN No Property Condition Blt./Standing Property Sub Type Industrial Senior Community YN No Tax Annual Amount 9933 Utilities See Remarks120/240 V 1 Phase240 V 3 PhaseSeparate Meter: GasSeparate Meter: Elec. Zoning Single-FamilyCommercial Zoning Description C-2

    Listing provided courtesy of Presidio Real Estate Company (South Utah Valley). Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2021 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


    Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2021-09-25T14:37:39.777. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
     
    https://bt-photos.global.ssl.fastly.net/wasatch/1280_boomver_2_1708226-1.jpg https://bt-photos.global.ssl.fastly.net/wasatch/1280_boomver_2_1708226-1.jpg https://bt-photos.global.ssl.fastly.net/wasatch/1280_boomver_2_1708226-1.jpg
    Logo
    The Belknap Team | Century 21 Everest
    6925 S Union Park Center
    Midvale UT, 84047