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Basement Retail Space
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1959 N STATE St, Provo, UT 84606

Commercial Lease, Provo, UT

Space SizeContact for details
Lot Size0.06 Acres
Days on Market97

Property Features for 1959 N STATE St

General Information

Property type Commercial Lease
Property subtype Retail
Zoning description CG
Subdivision PINNACLE PARK PUD PH III
Standard status Active
APN 49-296-0001
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 4440

Building Details

Year built 1997
Listing Agency: Equity Real Estate
Listed By: Samuel D King
Added: May 18 Changed: Aug 19 Last Checked: Aug 22 at 7:06AM
MLS# 2158865

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Investment Insights

Based on property information with market context.

Basement retail space within a professional office park on State Street, with pylon signage serving the property. The unit has recently accommodated salon services, while the building has also supported physician and professional office uses.

The property is positioned on State Street between Provo and Orem at 1959 N STATE St, Provo, UT 84606. Built in 1997, the site encompasses 0.06 acres. The lease is structured as triple net, with tenants responsible for insurance, HOA dues, property taxes, and maintenance for their individual unit.

Key Highlights

  • Basement retail unit with recent salon‑service use
  • Pylon signage at a professional office park on State Street
  • Building has supported physician and professional office uses

Property Analytics

Current Use

Andrea Faye Alternative Medicine Practice FedEx Drop Box Postal Service Piper Rose Spa ... Spa & Massage Center The Metanoia Studio Hair Salon Stewart Palmer Salon ... Hair Salon

Suggested Use

Top Pick HVAC Service Daycare Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store Building Supply Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,126
Businesses Nearby

Demographics for 84606, UT

33,791
Population
11,428
Households
3
Avg Household Size
25
Median Age
45%
College-Educated
95%
High-School Grad
11.6 sq mi
ZIP Area
2,913
Density / Sq Mi
$52,110
Median Household Income
$14,955
Median Earnings
$1,149
Median Rent
$407,600
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Professional office park setting with pylon signage and a triple-net lease structure.
Where is this retail space located?
The property is located at 1959 N STATE St Provo, UT.
What are key features of this property?
This property features: Basement retail unit with recent salon‑service use; Pylon signage at a professional office park on State Street; Building has supported physician and professional office uses
More about this property
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