1515 South Main Street

Property Sale Details

Property Highlights:

Positioned just off I-15 in Orem, this well-maintained 8,400 SF flex/industrial building offers immediate occupancy for an owner/user, along with stabilized income from an existing tenant. Suite 101 (4,425 SF) is leased through March 2029, while Suite 102 (3,975 SF) is available for immediate occupancy—or the owner may consider leasing it back as part of a sale-leaseback structure. The building features 20′ clear height, 3-phase power (225 amps in Suite 101, 200 amps in Suite 102), and two grade-level doors. Constructed in 2004 with steel framing and insulated metal panels, the property includes rooftop HVAC, R-30 roof insulation, and approximately 18 striped parking stalls. Zoned M-2 (Manufacturing) and situated on a 0.431-acre lot with excellent freeway access, this is a well-positioned asset in Orem, Utah.

 

PROPERTY FACTS

Price $2,400,000
Price Per SF $285.71
Sale Type Investment or Owner User
Property Type Flex
Property Subtype
Light Manufacturing
Building Class C
Lot Size 0.43 AC
Rentable Building Area 8,400 SF
No. Stories 1
Year Built 2006
Parking Ratio 2.14/1,000 SF
Clear Ceiling Height 20’
No. Drive In / Grade-Level Doors 2
Zoning M-2

Sale Price: $1,555,555

Year Built: 1995

Property Type: Office, Residential Income, Retail, Shopping Center