555 S State St S

    Orem, UT 84058
    • $2,500,000
    • STATUS: Active
    • ON SITE: 34 days
    • MLS #: 1658017
    $2,500,000
    • 0
      BEDS
    • 0.84
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1979
    County:

    School Ratings & Info

    Description

    INCREDIBLE INVESTMENT OPPORTUNITY WITH STATE STREET EXPOSURE! Location! Location! Location! Now is your chance to own a beautiful business complex in the heart of Orem!! Huge 20,000 sq ft business park with an all brick exterior, multiple long-term tenants, great visibility and tons of parking!! This structure has great exposure and is located in a prime office and retail area!! Don't miss out on this amazing once-in-a-lifetime investment opportunity! Total monthly rental rental income is currently $10,600. Additionally there is an apartment that the seller is in the middle of completing that he will have a nightly rental and that is projected to bring in an additional $3500/mo. Gross total potential rents are $14,100. Seller is open to negotiating a lease-back for one to two years.

    Monthly Payment Calculator



    Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2020-04-05T23:35:42.937. 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.lawsonrealestateteam.com/homes/103761270

    555 S State St S Orem, UT 84058

    • Price: $2,500,000
    • Status: Active
    • MLS #: 1658017
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.84
    Acres
    1979
    Built
    Neighborhood:
    Orem; Provo; Sundance
    County:
    Utah
    Area:
    Orem; Provo; Sundance
    Property Description
    INCREDIBLE INVESTMENT OPPORTUNITY WITH STATE STREET EXPOSURE! Location! Location! Location! Now is your chance to own a beautiful business complex in the heart of Orem!! Huge 20,000 sq ft business park with an all brick exterior, multiple long-term tenants, great visibility and tons of parking!! This structure has great exposure and is located in a prime office and retail area!! Don't miss out on this amazing once-in-a-lifetime investment opportunity! Total monthly rental rental income is currently $10,600. Additionally there is an apartment that the seller is in the middle of completing that he will have a nightly rental and that is projected to bring in an additional $3500/mo. Gross total potential rents are $14,100. Seller is open to negotiating a lease-back for one to two years.
    Exterior Features

    Construction Condition Block Exterior Features Paved Parking Land Condition Curb And GutterLandscaping: FullPavedSprinkler: Auto-FullTerrain: FlatView: Mountain Length In Feet Of Back Of Property 0.0 Length In Feet Of Front Of Property 0.0 Length In Feet Of Side Of Property 0.0 Roof Features Rubber (Epdm)

    Interior Features

    Air Conditioning Central Air: Electric Heating Features Gas: Natural Interior Features Alarm: FireAlarm: SecurityBasementRestroom: PrivateRestroom: Public

    Property Features

    Capitalization Rate 0.00 Commercial Property Type Office Culinary Water Connected Customer Visibility Road Traffic Lease Terms From 1800-01-01 Lease Terms To 1800-01-01 Owner Type Property Owner Roads AsphaltConcreteCurb And GutterRoad: PavedSidewalk Sewer Connected Site Owner OccupiedTenant Occupied Sublease From 1800-01-01 Sublease To 1800-01-01 Taxes 15730 Terms CashCommercial Fin. Req.Conventional Zoning Commercial

    Listing provided courtesy of Mountainland Realty. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2020 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


    Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2020-04-05T23:35:42.937. 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.
     
    Lawson Real Estate Team - Engel & Völkers
    900 Main Street Suite 6118
    Park City UT, 84060