424 800Orem, UT 84057

Property Details for 424 800

Year built

2003

Lot size

0.09 AC

Property size (Sq ft)

3,964 SF

Property type

Office properties

Description

This exceptional investment opportunity presents a Class B, single-story office building in Orem, Utah, ideally situated on a 0.093-acre lot (APN 49:591:0004). Built in 2003, the property features two traditional office suites totaling approximately 3,964 to 4,772 square feet, currently available for sale. Suite 201 encompasses 4,772 square feet, while Suite 202 offers 3,964 square feet. Each suite boasts a comprehensive layout including reception areas, kitchenettes, restrooms, cubicle workspaces, private offices, two conference rooms, and workrooms. The building is conveniently equipped with elevator access. The property is zoned C3 and benefits from a prime location near Timpanogos Hospital, numerous retail centers, and restaurants, with easy access to I-15. The asking price for the entire building is $1,193,000. A sale-leaseback option is available for the buyer, providing a flexible ownership structure. The occupancy date is February 1st, 2024. This multi-tenant property presents a compelling opportunity for owner-users seeking a strategic location and versatile office space. The gross lease structure simplifies management, making this an attractive investment for both seasoned and emerging investors.

Location Insight

City

Orem

County

Utah

State

Utah

Latitude

40.3132

Longitude

-111.706

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