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    Orem, UT
    Conventional Restaurant

    Orem, UT Conventional Restaurants for Sale

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    Lindon, UT Vineyard, UT Provo, UT
    Orem Commercial Opportunity For Sale
    Updated: May 19
    Orem Commercial Opportunity For Sale

    340 E 1200 S, Orem, UT 84058

    $1,860,000
    6,000 sqft · 0.31 AC lot
    Prime commercial location near the intersection of State Street and University Parkway in Orem.
    High visibility with prominent marquee signage and exceptional exposure in a high‑traffic area.
    6,000 SF standalone building with flexible space suitable for restaurant, retail, office, medical, or owner‑user.
    Designated parking and convenient access from major thoroughfares.
    Strong surrounding demographics and proximity to national retailers and established businesses.
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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

      5.4%
      NOI ÷ price

    • Est. NOI

      $100K
      Annual

    • Mortgage

      $638K
      May 2019

    • Property Type

      Restaurant
      Built 1970
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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

    $1,860,000
    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
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

    Versatile Commercial Buildings Investment Opportunity
    Versatile Commercial Buildings Investment Opportunity

    7676-7680 S State St, Midvale, UT 84047

    $6,350,000
    1.29 AC lot

    Four commercial buildings on 1.29 acres with income potential.

    View details
    Mixed-Use Investment Opportunity
    Mixed-Use Investment Opportunity

    7676 State St, Midvale, UT 84047

    $6,350,000
    21,075 sqft

    Four commercial buildings on 1.29 acres with income potential.

    View details
    River's Edge Shopping Center Opportunity
    River's Edge Shopping Center Opportunity

    408 W 2230 N, Provo, UT 84604

    $4,330,000
    7,000 sqft

    Retail property in River's Edge near BYU.

    View details
    Restaurant with Apartment For Sale
    Restaurant with Apartment For Sale

    242 N MAIN ST, Spanish Fork, UT 84660

    $895,000
    0.05 AC lot

    Restaurant and three-bedroom apartment with seller financing available.

    View details

    Orem, UT Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Orem, UT on our real estate platform. These investment opportunities span a total of 12,000 square feet of properties for sale, with an estimated market value of $3,720,000.

    Sale prices for conventional restaurants in Orem, UT start at $1,860,000, averaging $1,860,000, and reaching up to $1,860,000 — 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)

    Property Size Breakdown

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

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