Listing photo for 555 S State E, Orem, UT
Listing photo for 555 S State E, Orem, UT
Listing photo for 555 S State E, Orem, UT
Listing photo for 555 S State E, Orem, UT
Listing photo for 555 S State E, Orem, UT
Listing photo for 555 S State E, Orem, UT
Listing photo for 555 S State E, Orem, UT
Listing photo for 555 S State E, Orem, UT
Listing photo for 555 S State E, Orem, UT
Listing photo for 555 S State E, Orem, UT
Listing photo for 555 S State E, Orem, UT
Listing photo for 555 S State E, Orem, UT
Listing photo for 555 S State E, Orem, UT
Listing photo for 555 S State E, Orem, UT
Listing photo for 555 S State E, Orem, UT
Listing photo for 555 S State E, Orem, UT
Listing photo for 555 S State E, Orem, UT
Listing photo for 555 S State E, Orem, UT
Listing photo for 555 S State E, Orem, UT
Listing photo for 555 S State E, Orem, UT
Listing photo for 555 S State E, Orem, UT
Listing photo for 555 S State E, Orem, UT
Previous View the Previous slide Next View the next slide

555 S State E,

Orem, UT $2,800,000

$2,800,000

0.84 Acres

CAP RATE AT 20% EXPENSE RATE IS 6.6!! Location! Location! Location! Now is your chance to own a beautiful business complex in the heart of Orem!! Huge 20,000 sq ft business park with an all brick exterior, multiple long-term tenants, great visibility and tons of parking!! This structure has great exposure and is located in a prime office and retail area!! Don't miss out on this amazing once-in-a-lifetime investment opportunity!! Total monthly rental income is currently $10,600. The seller is willing to pay $5000/mo. for three years for the space he is occupying in the building up front at closing. Additionally there is an apartment that the seller is in the middle of completing that he will have a nightly rental and that is projected to bring in an additional $3500/mo. Gross total potential rents are $19,100.

Facts & Features
MLS® # 1623386
Price $2,800,000
Acres 0.84
Year Built 1979
Type Commercial
Sub-Type Office
Status Active
Community Information
Address 555 S State E
Area Orem; Provo; Sundance
City Orem
County Utah
State UT
Zip Code 84058
Amenities
Has Pool No
Interior
Interior Features Alarm: Fire, Alarm: Security, Basement, Restroom: Private, Restroom: Public
Heating Gas: Natural
Cooling Central Air: Electric
Exterior
Exterior Features Paved Parking
Lot Description Curb and Gutter, Landscaping: Full, Paved, Sprinkler: Auto-Full, Terrain: Flat, View: Mountain
Roof Rubber (EPDM)
Construction Blt./Standing
Additional Information
Date Listed August 13th, 2019
Days on Market 166
Zoning Commercial
Foreclosure No
Short Sale No
Listing Details
Office Mountainland Realty
Photo of Cameron Valentine

Cameron Valentine

Cell: 801-472-4430

Terms Of Use

Information deemed reliable but not guaranteed accurate. Buyer to verify all information.

The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2020 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.


What's Your Home Worth? Find out now, for Free.

Let's Go