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1196 N State St

Orem, UT 84057
  • $2,500,000
  • STATUS: Active
  • ON SITE: 406 Days
  • ID#: 1708229
UPDATED: 61 min ago
$2,500,000
  • 1
    BEDS
  • 0.4
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,373
    SQFT
  • $1,821
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1932
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Back on the Market! Buyer's Financing fell thru! Rare Opportunity!!! Properties being sold are for ALL as a combined sale. There is 4 Residential Homes along with 1 Industrial Building 11,157 SF. All Properties are Zoned C-2 Commercial. Approx 1.67 Acres in total. One home is the corner lot of State Street and 1200 North in Orem. All homes are leased to Residential tenants now along with the Industrial building being leased to businesses currently. Purchase and hold as is, and or Purchase and have rental income as you plan a development for multiple possibilities in this type of zoning in Orem. Having a State Street frontage corner is a bonus. List of Properties are: 1196 N State, 331 W 1200 N, 315 W 1200 N, 293 W 1200 N, Orem, Utah 84057 - Industrial Building sits on all parcels. Utah County Parcels: - Utah County Parcels: 17-040-0055, 17-040-0056, 17-040-0078, 17-040-0082. Square footage figures are provided as a courtesy estimate only and were obtained from Utah County Records. Buyer is advised to obtain an independent measurement on ALL properties.

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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2021-11-30T09:37:12.973. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.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. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
www.redsign.com/homes/111152750
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1196 N State St Orem, UT 84057

  • Price: $2,500,000
  • Status: Active
  • On Site: 406 Days
  • Updated: 61 min ago
  • ID#: 1708229
1
Beds
1
Baths
0
½ Baths
0.4
Acres
1,373
SQFT
$1,821
$/SQFT
1932
Built
Neighborhood:
Pl Grove; Lindon; Orem
County:
Utah
Area:
Pl Grove; Lindon; Orem
Elementary School:
Windsor
Middle School:
Orem
High School:
Orem
School District:
Alpine
Property Description
Back on the Market! Buyer's Financing fell thru! Rare Opportunity!!! Properties being sold are for ALL as a combined sale. There is 4 Residential Homes along with 1 Industrial Building 11,157 SF. All Properties are Zoned C-2 Commercial. Approx 1.67 Acres in total. One home is the corner lot of State Street and 1200 North in Orem. All homes are leased to Residential tenants now along with the Industrial building being leased to businesses currently. Purchase and hold as is, and or Purchase and have rental income as you plan a development for multiple possibilities in this type of zoning in Orem. Having a State Street frontage corner is a bonus. List of Properties are: 1196 N State, 331 W 1200 N, 315 W 1200 N, 293 W 1200 N, Orem, Utah 84057 - Industrial Building sits on all parcels. Utah County Parcels: - Utah County Parcels: 17-040-0055, 17-040-0056, 17-040-0078, 17-040-0082. Square footage figures are provided as a courtesy estimate only and were obtained from Utah County Records. Buyer is advised to obtain an independent measurement on ALL properties.
Exterior Features

Architectural Style Rambler/Ranch Attached Garage YN No Carport Spaces 2 Carport YN Yes Construction Materials See RemarksAsphaltBrickClapboard/Masonite Construction Status Blt./Standing Covered Spaces 2 Exterior Features See RemarksLightingPorch: Open Frontage Length 0.0 Garage YN No Green Building Verification Type See Remarks Horse Property YN No Lot Features See RemarksAdditional Land AvailableCorner LotCurb & GutterFenced: PartSidewalksTerrain FlatView: Mountain Lot Size Dimensions 0.0X0.0X0.0 Mobile Length 0 Mobile Width 0 Open Parking Spaces 2 Open Parking YN No Parking Total 4 Patio And Porch Features Porch: Open Pool Private YN No Roof See RemarksAsphalt RVParking Dimensions 0.00 Spa YN No Topography See RemarksAdditional Land AvailableCorner LotCurb & GutterFenced: PartSidewalksTerrainFlatView: Mountain Vegetation See RemarksLandscaping: FullMature Trees View Mountain(S) View YN Yes Waterfront YN No

Interior Features

Above Grade Finished Area 920 Accessibility Features See Remarks Basement Partial Basement Finished Percentage 20 Bathrooms One Quarter 0 Bathrooms Partial 0 Building Area Total 1373 Cooling See Remarks Cooling YN Yes Fireplace YN Yes Fireplaces Total 1 Flooring CarpetLinoleumVinyl Heating See Remarks Heating YN True Interior Features See Remarks Laundry Features Electric Dryer Hookup Main Level Bedrooms 1 Master Bedroom Level Floor: 1st Rooms Total 6 Window Features See Remarks

Property Features

Association Fee 0 Association YN No Capitalization Rate 0 Current Use Single Family Exclusions See Remarks Inclusions See Remarks Irrigation Water Rights Acres 0 Lease Amount 0 Lease Considered YN No Listing Terms CashConventionalExchange New Construction YN No Number Of Pads 0 Number Of Units Leased 0 Power Production Solar Year Install 0 Property Attached YN No Property Condition Blt./Standing Property Sub Type Single Family Residence Senior Community YN No Sewer Sewer: ConnectedSewer: Public Tax Annual Amount 2129 Utilities Natural Gas ConnectedElectricity ConnectedSewer ConnectedSewer: PublicWater Connected Water Source Culinary Zoning Single-FamilyCommercial Zoning Description C-2

Listing provided courtesy of Presidio Real Estate Company (South Utah Valley). Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2021 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2021-11-30T09:37:12.973. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.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. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
 
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