1196 N STATE ST $2,300,000
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Property Details
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. 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 for ALL properties.
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General Features
- Association Fee 0
- Construction Status Blt./Standing
- County Or Parish Utah
- New Construction Y/N No
- Number Of Units Total 0
- Open Parking Y/N No
- Property Sub Type Industrial
- Senior Community Y/N No
- Tax Annual Amount 9933.0
- View Y/N No
- Waterfront Y/N No
- Year Built 1945
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Building Features
- Appliances Real Estate
- Attached Garage Y/N No
- Full Bathrooms 0
- Half Bathrooms 0
- Building Area Total 0
- Cooling See Remarks
- Cooling Y/N Yes
- Exterior Features Out Buildings, Rv Parking, Warehouse
- Fireplaces Total 0
- Flooring See Remarks, Carpet, Hardwood, Concrete
- Garage Spaces 0
- Garage Y/N No
- Heating Y/N No
- Living Area 0
- Living Area Units Square feet
- Main Level Bedrooms 0
- Roof Aluminum, Asphalt
- Stories Total 0
- Three-Qtr Bathrooms 0
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Property Features
- Carport Spaces 0
- Carport Y/N No
- Covered Spaces 0
- Lot Size Acres 1.67
- Lot Size Dimensions 0.0x0.0x0.0
- Lot Size Square Feet 72745.2
- Lot Size Units Acres
- Parking Total 0
- Pool Private Y/N No
- Utilities See Remarks, 120/240 V 1 Phase, 240 V 3 Phase, Separate Meter: Gas, Separate Meter: Elec.
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Neighborhood
84057 (Orem) Demographics
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Properties for Sale
Property History
| Date | Price |
|---|---|
| -- | New Value: $2,300,000 |
| 3/5/2021 6:41:27 PM | New Value: Pending |
| 10/19/2020 12:32:00 PM | New Value: $2,300,000 |
Payment Calculator
**Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.