415 N OREM BLVD, Orem, UT 84057 - MLS#2102253 - Jerome Bennett

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Jerome Bennett

jerome@utahhomelistings.com +1(801) 913-1385

$440,000

Est. payment - /mo

0.98 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Subdivision Boulevard Medical Center Condo

MLS Listing ID 2102253

Construction Status Blt./Standing

HOA Y/N No

Year Built 1998

Annual Tax Amount $4,003

Lot Size 0.980 Acres

Acres 0.98

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Office

Property Description

Modern Medical Suite Fully Updated and a Prime Investment Opportunity! Located just a block from the Orem Hosptial and 5 blocks from Timpanogos Regional Hospital. Fully renovated medical suite is designed for both functionality and comfort. With three birthing rooms, three bathrooms (including two with bathtubs), a dedicated exam room, and a breakroom, this space offers an ideal setup for a running birthing center. The spacious reception and lobby area feature an open layout, creating a welcoming atmosphere for patients and staff alike. Currently leased under a NNN agreement at $2,395/month, with a five-year lease term and scheduled increases, this property presents an exceptional investment opportunity. The suite offers a strong 6.5% cap rate, making it a valuable asset for investors seeking stable, long-term returns in a sought-after medical location. Please do not disturb tenant.

Location

State UT

County Utah

Area Pl Grove; Lindon; Orem

Zoning Commercial

Interior

Interior Features Alarm: Fire, Restroom: Private

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Carpet, Tile, Vinyl

Inclusions Real Estate

Fireplace No

Appliance Real Estate

Exterior

Exterior Feature Paved Parking

Utilities Available 240 V 3 Phase

View Y/N No

Roof Type Asphalt

Present Use Office

Handicap Access Audible Alerts, Accessible Elevator Installed, Fully Accessible, Accessible Entrance, Customized Wheelchair Accessible, Accessible Full Bath, Single Level

Private Pool No

Building

Faces West

New Construction No

Construction Status Blt./Standing

Others

Senior Community No

Tax ID 35-319-0002

Acceptable Financing Cash, Conventional, SBA

Listing Terms Cash, Conventional, SBA

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Listed by Alliance Real Estate, PLLC

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Jerome Bennett

+1(801) 913-1385

Principal Broker | License ID: 5451352-PB00

Principal Broker License ID: 5451352-PB00

415 N OREM BLVD Orem, UT 84057

Jerome Bennett

Key Details

Location

Interior

Exterior

Building

Others

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