Listed by Core Utah Real Estate
$585,000
Well-Located Orem Office Property
Details
Property Type Office
Sub Type Traditional Office
Square Footage 2,195
NOI $39,987
Tenancy Multi
Class B
Year Built 1960
Year Renovated 2019
Buildings 1
Zoning Planned Development
Parking Spaces 10 spaces
Parking per 1,000 SqFt 4.56
Investment Type Owner/User
Incredible Location for Office
Marketing description
This historic home is part of the Rowley Farm. Originally built in 1960, it has been nicely remodeled inside and offers a fantastic location for various retail uses or professional office. The property features very good visibility, ideally located on Orem Main Street next to a 4-way stop, with a lot of high-quality walk-in traffic over the years. The seller is willing to include some of the furniture and an ATV/Snowplow to use for clearing the parking lot via separate bill of sale at closing, with appliances also included.
Investment highlights
- Price: $585,000
- 2,195 Square Feet (Split evenly between main level and lower level)
- Standalone building
- Fantastic Location for Various Retail Uses or Professional Office
- Zoning: Planned Development (Same as University Mall and Most Shopping Along University Parkway) - Designed to allow flexible, mixed-uses.
- Parking: 10 Designated off-street parking spaces (More parking along street directly to west as needed)
- Very good visibility: Ideally located on Orem Main Street next to a 4-way stop. Owner has had a lot of high-quality walk-in traffic over the years
- Lit sign on north side of property
- Opportunity for owner/user, partial owner/user with mix of tenants, or, a full investment with multiple tenants
- Furniture: Seller willing to include some of the furniture and an ATV/Snowplow to use for clearing the parking lot via separate bill of sale at closing. Appliances also Included
- Originally built 1960, but has been nicely remodeled inside (see pics)
- This historic home Is part of the Rowley Farm
Listing Contacts
Listed by Core Utah Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$39,987.00
$3,332.25/mo
Valuation Metrics
0
DSCR
6.84%
Cap Rate
6.84%
ROI
Map
Zoning
PD-5 PlannedPlanned Development 1300 South Between 200 East And Main Street
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View all 33 uses
View all 33 uses Last updated Feb 9, 2026 For deeper zoning details, reports are available at Zoneomics
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