For Sale
$1,250,000

1132 State StOrem, UT 84097

Prime Orem location, high traffic, multiple uses.

Overview

Added:
Feb 3
Days on market:
60
This exceptional retail property, located at 1132 State Street in Orem, Utah, presents a unique investment opportunity. Boasting a prominent State Street location, this 0.52-acre lot offers unparalleled visibility and accessibility. Currently occupied by a dress shop, the C-2 zoning allows for a wide range of uses, including automotive and storage facilities. The building's strategic position across from University Mall, Trader Joe's, and Mrs. Cavanaugh's Chocolates ensures high foot traffic and exposure to a substantial customer base. The property features ample space, including a sizable basement ideal for fulfillment operations or additional storage. This basement area is also available for lease, offering the potential for two separate businesses to operate within the same building. Convenient front and back entrances enhance operational efficiency. The property benefits from prominent State Street signage, maximizing visibility and brand recognition. The current lease rate is $12 per square foot, modified gross. This property is perfect for an established business seeking relocation or an entrepreneur looking to establish a new venture in a thriving commercial area. Serious inquiries only, appointments required. Do not disturb tenants.

Property Details for 1132 State St

Property type
Retail properties
Lot Size (sq. ft)
22,651 SF

Location Insight

City
Orem
County
Utah
State
Utah
Latitude
40.27647
Longitude
-111.6865
1132 State St, Orem, Utah

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1132 State St
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