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Prime Mixed-Use Investment Opportunity in Orem! Discover this well-maintained, updated mixed-use building, ideally zoned for commercial use with two residential rental units. Built in 1986, the property has been modernized and shows beautifully, making it a perfect turnkey investment. Located in a high-traffic area, only one block from busy State Street, the property offers steady revenue streams, generating nearly $5000 per month in income. The commercial space provides flexibility for business operations, while the two residential units are currently rented, ensuring additional consistent cash flow. This is a rare opportunity to own a versatile property in a growing market.
| DAYS ON MARKET | 32 | LAST UPDATED | 11/18/2024 |
|---|---|---|---|
| YEAR BUILT | 1986 | COMMUNITY | Pl Grove; Lindon; Orem |
| COUNTY | Utah | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Cherry Hill |
|---|---|
| Jr. High School | Lakeridge |
| High School | Orem |
| PRICE HISTORY | |
| Prior to Nov 18, '24 | $895,000 |
|---|---|
| Nov 18, '24 - Today | $875,000 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Dishwasher, Disposal, Oven, Range |
| AREA | Pl Grove; Lindon; Orem |
| CONSTRUCTION | Brick |
| HEAT | Central, Forced Air, Natural Gas |
| LOT | 6970 sq ft |
| LOT DIMENSIONS | 0.0x0.0x0.0 |
| STYLE | Stories: 2 |
| TAXES | 3095 |
| UTILITIES | Natural Gas Available, Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected |
MORTGAGE CALCULATOR
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Listed with Rock Canyon Real Estate LLC
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