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    Orem, UT
    Conventional Restaurant

    Orem, UT Conventional Restaurants for Sale

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    Standalone Retail Building with Marquee Signage
    Updated: May 19
    Standalone Retail Building with Marquee Signage

    340 E 1200 S, Orem, UT 84058

    $1,775,000
    6,000 sqft
    6,000 SF standalone commercial building (approx. 3,000 SF main level and 3,000 SF lower level) built in 1970
    Flexible two‑level layout suited for restaurant, retail, office, medical, or owner‑user uses
    Designated parking included
    Prominent marquee signage for visibility
    Located near the highly trafficked intersection of State Street and University Parkway in Orem
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    This listing looks promising.

    Here's a quick look at some key insights for

    340 E 1200 S, Orem, UT 84058

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    • Est. Cap Rate

      6.1%
      Above avg (5.9%)

    • Est. NOI

      $108K
      Annual

    • Mortgage

      $638K
      May 2019

    • Property Type

      Restaurant
      Built 1970
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    Freestanding Restaurant Building
    Updated: May 19
    Freestanding Restaurant Building

    340 E 1200 S, Orem, UT 84058

    $1,775,000
    0.31 AC lot
    6,124 SF freestanding restaurant building on a 0.31‑acre parcel
    Approximately 3,000 SF main level plus 3,000 SF lower level
    Rebuilt, upgraded, and improved in 2006
    Kitchen, public restroom, floor drains, basement, and tile flooring
    Designated parking and prominent marquee signage
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    Freestanding Restaurant Building
    Freestanding Restaurant Building

    2005 S State St, Orem, UT 84097

    Contact for pricing

    Freestanding restaurant building with a large kitchen and established Chinese and American dining service.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Orem, UT, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Italian Restaurant with Mezzanine
    Italian Restaurant with Mezzanine

    6030 Market Street, Park City, UT 84098

    Contact for pricing
    7,500 sqft

    Fully built-out Italian restaurant with ground-level dining and an expansive mezzanine level, including FF&E.

    View details
    Freestanding Restaurant with Patio Seating
    Freestanding Restaurant with Patio Seating

    7307 S Canyon Way, Salt Lake City, UT 84106

    $4,940,000

    Turnkey freestanding restaurant with a private dining area, full commercial kitchen, and patio seating.

    View details
    Park City Restaurant Opportunity
    Park City Restaurant Opportunity

    1764 Uinta Way, Park City, UT 84098

    Contact for pricing
    1,500 sqft

    Restaurant space for sale in Kimball Junction, Park City.

    View details
    Convenience Grocery Store and Restaurant Business
    Convenience Grocery Store and Restaurant Business

    3435 S STATE ST, Salt Lake City, UT 84115

    $150,000

    International specialty convenience store and restaurant business offering grocery products plus middle eastern food and burger/fry options.

    View details

    Orem, UT Conventional Restaurants Market Trends and Statistics

    Explore 3 conventional restaurants for sale in Orem, UT, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,000 square feet of properties for sale, with an estimated market value of $3,550,000.

    Sale prices for conventional restaurants in Orem, UT average $1,775,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 3
    Commercial kitchens 1

    Demographics Overview

    Population 111K
    Population Growth (5Y) -4.8%
    Median Household Income $84,016
    College Educated 58.3%

    High-Yield Neighborhoods for Investment

    Identify Orem submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    84058 $1.9M

    Taxes & Financing

    Tax Rate (average for all types) 0.76%
    Property Tax per SF $3.21 per SF
    Tax Rate vs County Average 0.10 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Utah County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Utah County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Orem fall within the 100,000+ square foot range.

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    • 84097

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