1132 State StOrem, UT 84097

Property Details for 1132 State St

Year built

1940

Lot size

0.51 AC

Property size (Sq ft)

3,635 SF

Property type

Retail space

APN

18-047-0072

APU

180470072

Description

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.

Location Insight

City

Orem

County

Utah

State

Utah

Latitude

40.2764

Longitude

-111.687

CBSA code

39340

CBSA name

PROVO-OREM, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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