For Sale
$2,600,000

77 State StOrem, UT 84057

High-traffic location, 6,054 SF retail space.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional retail property, located at 77 N State St in Orem, Utah, presents a unique investment opportunity. The building, a former bank, boasts 6,054 square feet of versatile space situated on a 0.59-acre lot. Its strategic location in Orem, Utah County, ensures high visibility and accessibility. The property is zoned C2 Commercial, offering flexibility for a variety of retail uses. The asking price is $2,600,000. A key feature is a two-year financial use deed restriction, providing a degree of operational certainty. Furthermore, a five-year ATM lease is required, offering a potential supplemental income stream. This property is ideal for an investor seeking a strong return in a thriving Utah market. The substantial size and prime location make this a rare opportunity to acquire a well-positioned retail space in a high-demand area. The 84057 zip code offers excellent access to a large customer base. The property's history as a bank building suggests a solid foundation and potentially desirable structural features. This is a chance to capitalize on a well-established location with a clear path to profitability.

Highlights

  • Former bank building available for purchase.
  • 6,054 square foot building on a 0.59-acre lot.
  • Asking price: $2,600,000.
  • Subject to a two-year financial use deed restriction.
  • Five-year ATM lease required.
  • C2 Commercial zoning.

Property Details for 77 State St

Property type
Retail properties
Square Feet
6,054 SF
Lot Size (sq. ft)
25,700 SF

Location Insight

City
Orem
County
Utah
State
Utah
Latitude
40.2982848
Longitude
-111.696051
77 State St, Orem, Utah

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77 State St
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