77 State StOrem, UT 84057

Property Details for 77 State St

Year built

1994

Lot size

0.59 AC

Property size (Sq ft)

6,049 SF

Property type

Banks

APN

52-469-0001

APU

524690001

Description

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.

Location Insight

City

Orem

County

Utah

State

Utah

Latitude

40.2983

Longitude

-111.696

CBSA code

39340

CBSA name

PROVO-OREM, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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