Backup Offers Only

One Block from State Street

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Listed By Rock Canyon Real Estate LLC, Scott Murray. 801-318-4483
| Data Source: © 2023 Wasatch Front Regional Multiple Listing Service, Inc.

Description

Details

Schools

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.

UTILITIES

Heating

Forced Air, Gas: Central

Cooling

unspecified

Water/Sewer

Culinary, Sewer: Connected

Electric

unspecified

Info

Year Built

1986

Garage

None

Style

Stories: 2

2020 Taxes

$3,095

NAME	GRADES	DISTANCE
Cherry Hill Elementary	Pre - 6	0.7 miles
Lakeridge Jr. High	7 - 9	2.3 miles
Orem High School	10 - 12	2.7 miles

$795,000

($157/SF) • $/month

Listing Price

$

Down payment

$

%

Length of Loan

Interest Rate

%

Property Taxes

$

/year

HOA

$

/month

Insurance

$

/year

estimated monthly payment:

$

Price Change: $-100,000 (53 Days Ago)

6 Bed •

5 Bath •

5,055 SF •

0.16 AC

1814 S Columbia Ln

Orem, UT 84097

Subdivision

MLS# 2030476

201 Days on Market

Tia Monson Portrait

Tia Monson Tia@mountainluxury.com 801.540.5173 Realtor®

Description

Details

Schools

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.

UTILITIES

Heating

Forced Air, Gas: Central

Cooling

unspecified

Water/Sewer

Culinary, Sewer: Connected

Electric

unspecified

Info

Year Built

1986

Garage

None

Style

Stories: 2

2020 Taxes

$3,095

NAME	GRADES	DISTANCE
Cherry Hill Elementary	Pre - 6	0.7 miles
Lakeridge Jr. High	7 - 9	2.3 miles
Orem High School	10 - 12	2.7 miles

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Residential

$949,000 $-26,000

1731 S 145 E

Orem, UT

6 Bed
4 Bath
4,784 SF
0.36 AC