77 State St Orem, UT 84057-5507
This exceptional retail property, located at 77 N State St in Orem, Utah, presents a unique investment opportunity. The building, a former bank, boasts 6,054 square feet of versatile space situated on a 0.59-acre lot. Its strategic location in Orem, Utah County, ensures high visibility and accessibility. The property is zoned C2 Commercial, offering flexibility for a variety of retail uses. The asking price is $2,600,000. A key feature is a two-year financial use deed restriction, providing a degree of operational certainty. Furthermore, a five-year ATM lease is required, offering a potential supplemental income stream. This property is ideal for an investor seeking a strong return in a thriving Utah market. The substantial size and prime location make this a rare opportunity to acquire a well-positioned retail space in a high-demand area. The 84057 zip code offers excellent access to a large customer base. The property's history as a bank building suggests a solid foundation and potentially desirable structural features. This is a chance to capitalize on a well-established location with a clear path to profitability.
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Sally Beauty (Bike/Boat/Book/etc) Store Cosmetic Store
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Wells Fargo Bank Bank Loan Service
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Wells Fargo ATM Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.