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    1196 N State St

    Orem, UT 84057
    • $2,300,000
    • STATUS: Active
    • ON SITE: 40 days
    • ID#: 1708226
    $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.

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    Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2020-11-28T23:35:41.697. 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.goberealty.com/homes/111152777
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    1196 N State St Orem, UT 84057

    • Price: $2,300,000
    • Status: Active
    • 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

    Construction Condition BrickSteel Exterior Features Out BuildingsRv ParkingWarehouse Land Condition Curb And GutterFenced: PartLandscaping: FullMature TreesTerrain: FlatTreesView: 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 AluminumAsphalt Shingles

    Interior Features

    Air Conditioning See Remarks Floor Coverings See RemarksCarpetHardwoodConcrete Windows See RemarksBlindsDraperies

    Property Features

    Capitalization Rate 0.00 Commercial Property Type IndustrialOffice Culinary Water Connected Customer Visibility See RemarksRoad Traffic Equipment See Remarks Exclusions See RemarksEquipment/MachineryFurnitureInventorySupplies Inclusions See RemarksReal Estate Lease Terms From 1800-01-01 Lease Terms To 1800-01-01 Owner Type Property Owner Possession Funding Roads See RemarksAsphaltBus ServiceCircularCommon DriveCurb And GutterMore Than 1 AccessRoad: PavedSidewalk Sewer ConnectedPublic Site See RemarksTenant Occupied Sublease From 1800-01-01 Sublease To 1800-01-01 Taxes 9933 Terms CashConventionalExchange Utilities See Remarks120/240 V 1 Phase240 V 3 PhaseSeparate Meter: GasSeparate Meter: Elec. Zoning Single-FamilyCommercial Zoning Code C-2

    Listing provided courtesy of Presidio Real Estate Company (South County). 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 2020-11-28T23:35:41.697. 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.
     
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