ActiveCommercial · sale

340 E 1200 S

Orem, UT 84058

$1,775,000

  • 0.31 acres
  • Built 1970

Listed by Anchor Management Group Real Estate LLC · MLS #2194476

Listing status & updates
MLS last changed
Not supplied by this listing source
Availability last checked
No per-listing check is recorded

Source changes and availability checks are different. A website import or photo check does not confirm that a property is still available. Confirm availability with the listing agent. Ask about the listing status

Interested in this property?

Team ERA is here to help. Tell us what you’re looking for, and we’ll connect you with a local ERA professional.

Contact the property team

PROPERTY QUESTIONS & SHOWINGS

Ask about this property.

340 E 1200 S, Orem, UT 84058 · MLS #2194476

Your preferred tour

Times are local to the property. Your tour is not scheduled until an agent confirms.

Your purchase plans

Property inquiries go to help@erabrokers.com.

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1970.

Property size

0.31 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

A RARE OPPORTUNITY to acquire a freestanding 6,124 SF commercial building in one of Orem's most established retail corridors-with the flexibility to operate your own business, lease the property for income, or reposition the asset for another commercial use. This standalone building offers approximately 3,000 SF on the main level and 3,000 SF on the lower level, providing flexible space for a variety of commercial uses including restaurant, retail, office, medical, or owner-user opportunities. The building was fully Rebuilt/Upgraded/Improved in and out in 2006. Positioned in one of Orem's most visible commercial corridors, the property benefits from exceptional exposure, high ADT, and strong surrounding demographics. Features include designated parking, prominent marquee signage for maximum visibility, and convenient access from major thoroughfares. Surrounded by national retailers, restaurants, and established businesses, this location offers outstanding accessibility and long-term growth potential in one of Utah County's busiest commercial districts. **An additional value-add opportunity exists for a buyer looking to expand the property's existing footprint. The current ownership has obtained city approval and developed plans for a vertical addition to the existing building, creating the potential to add additional space above the existing structure. See attachments for reference. Please DO NOT disturb the restaurant. Contact the agent for details to access the property. FF&E are negotiable- contact agent for details. Square footage figures are provided as a courtesy estimate only . Buyer is advised to obtain an independent measurement.

THE NEIGHBORHOOD

Explore the location.

340 E 1200 S, Orem, UT 84058

Loading property map…

Map position comes from the listing source. Open directions in Google Maps

LOCAL MARKET CONTEXT

Utah County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$521,893Up 4.0% vs. the previous 12 months
Months of supply4.012-month average
Days on market6512-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
Commercial Sale
Category
Commercial
Year built
1970
Cooling
Central Air
Heating
Natural Gas
Flooring
Tile
Utilities
120/240 V 1 Phase,Gas: Natural
Accessibility
Fully Accessible,Ground Level,Accessible Entrance,Ramp,Customized Wheelchair Accessible,Accessible Full Bath
Pool
No
Spa
No
Zoning
Commercial
Parcel
19-015-0044
Annual property tax
$5,800.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

Investor outlook Ownership planning and property management

ERA PROPERTY MANAGEMENT

A team for what comes next.

Your plans for a property go beyond the purchase. Talk with ERA about the management services available for your property type and market.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Discuss property managementTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

More in Orem.

Listing information

MLS #2194476 · Utah Real Estate MLS

Listing brokerage: Anchor Management Group Real Estate LLC
Listing agent: Tim Long

Listing status: Active. MLS last changed: not supplied. Availability last checked: not recorded. Confirm current availability and price with the listing agent.

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.