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$7,500,000
690 S State St, Orem, UT 84058
0 Beds
0 Baths
n/a sqft

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2 properties in the Arts district of Orem are being sold together. 690 S State and 740 S State, Orem. Parcel numbers 18-051-0023 & 18-048-0015. Across from Scera Theatre. Entrance to property on both State and Orem Bl. Auto dealership rent automatically increases by 2% per year. Approx. 22,500 sq ft of warehouse and office space with ample parking. Strip Mall: Fully rented with most at 10 plus years of occupancy. Several units are month to month. Multi-use possible after February 9 when City council reviews temporary ordinance for moratorium now in place on City Center District zones.
  • Price:
  • $7,500,000
  • Acreage:
  • 4.86
  • Year Built:
  • 1978
  • Listing ID #:
  • 1779683
  • Street Address:
  • 690 S State St
  • City:
  • Orem
  • State:
  • Utah
  • Postal Code:
  • 84058
  • County:
  • Utah
  • Community:
  • Orem- Provo- Sundance
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Building Condition:
  • Blt./Standing
  • Construction Status:
  • Blt./Standing
  • Exterior Features:
  • Paved Parking, Storage
  • Type Of Roof:
  • Flat, Metal, Pitched, Rubber
  • Year Built:
  • 1978
  • Existing Land Use:
  • Retail, Office
  • Lot Square Footage:
  • 211701.6
  • On Market Date:
  • 2021-11-09
  • Originating Mls:
  • Utahrealestate.Com
  • Property Taxes:
  • $49,326
  • Cooling System:
  • Central Air
  • Has Central Air Conditioning:
  • Yes
  • Heating:
  • Forced Air, Natural Gas
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Mountainland Realty
  • UTWASATCH

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