For Sale
$2,650,000

1778 State StOrem, UT 84057

14,434 SF Office, $2.65M

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional two-story, Class B office building presents a compelling investment opportunity in Orem, Utah. Boasting 14,434 square feet of space, this multi-tenant property sits on a sizable 1.148-acre lot with convenient State Street frontage and access. Built in 1992, the building offers ample parking with a generous 3.69 spaces per 1,000 square feet (44 stalls total). The asking price is $2,650,000, translating to $183.59 per square foot. Its strategic location provides easy access to Interstate 15, just four minutes away, ensuring excellent visibility and convenient commuting for employees and clients. The property's size and location make it ideal for owner-occupiers seeking a substantial presence in a thriving Utah County market. The APN is 41:517:0001. This is a rare opportunity to acquire a well-maintained, established office building in a high-demand area. The property's features and location combine to offer a strong return on investment. Don't miss this chance to secure a valuable asset in a rapidly growing market.

Highlights

  • 14,434 square feet total building area
  • 1.148-acre lot
  • Excellent owner-user opportunity
  • State Street frontage and access
  • Four-minute drive to I-15
  • 44 dedicated parking stalls (3.69/1,000 ratio)

Property Details for 1778 State St

Property type
Office properties
Square Feet
14,434 SF
Class
B
Year Built
1992
Buildings
1
Stories
2
Lot Size (sq. ft)
50,007 SF

Location Insight

City
Orem
County
Utah
State
Utah
Latitude
40.3297401
Longitude
-111.7092849
1778 State St, Orem, Utah

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1778 State St
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