For Sale
$749,000

835 400Orem, UT 84057

Prime Orem retail space, high visibility, seller financing.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional commercial property located at 835 W 400 N, Orem, UT 84057, presents a remarkable investment opportunity. Priced at $749,000, this recently remodeled brick building boasts a C2 zoning designation, offering a wide array of potential uses. Currently operating as an auto dealership, the property's history also includes use as a spa/beauty salon, demonstrating its versatility. The property generates a strong monthly rental income of $3,800, with the tenant responsible for all utilities. The current tenant is keen to remain, providing immediate cash flow, but the property could be vacated if desired by a new owner. A key advantage is the ample parking available, coupled with high visibility from the street and convenient freeway access. For buyers seeking flexible financing options, the seller is open to seller financing arrangements with a 25% down payment. This property is situated in Utah County and offers a rare blend of established income and future development potential. Its location in Orem, Utah provides excellent access to a thriving community and robust transportation networks. Don't miss this chance to acquire a versatile and profitable commercial property.

Highlights

  • $749,000 asking price for a recently remodeled brick building in Orem, UT.
  • C2 zoning allows for diverse commercial uses.
  • Currently leased as an auto dealership, generating $3,800/month in net rental income; tenant pays all utilities.
  • Ample parking, high visibility, and convenient freeway access.
  • Seller financing available with 25% down payment.

Property Details for 835 400

Property type
Retail properties, Land

Location Insight

City
Orem
County
Utah
State
Utah
Latitude
40.3042473
Longitude
-111.7157331
835 400, Orem, Utah

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835 400
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