735 S State St, Provo, UT 84606

$1,495,000

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List Price
$1,495,000
Status
BACKUP
MLS#
2087493
Days on Market
472
Price Change
▼ $155,000 1756944470
Year Built
1957
Parcel Number
22-035-0136
Acres
0.86
County
Utah
Region
Provo; Mamth; Springville

Property Description

Price Improvement! Prime Investment Opportunity in Provo - 3 parcels with versatile potential. Unlock the full potential of this unique commercial offering located the heart of Provo. This property includes three contiguous parcels, a 5,000 SF warehouse, a 3,592 SF duplex, and a .23 acre vacant lot - providing multiple avenues for income, development, or owner-occupancy. Key features: Warehouse: approximately 5,000 SF, ideal for storage, distribution, light manufacturing or conversion to suit your business needs. Duplex: 3,592 SF Unit 1 - 4 BR/ 2 BA Unit 2 - 1 BR/ 1 BA Flexible layout - potential to convert back to a retail space. Vacant lot: .23 acre - perfect for expansion parking or new construction Zoning: CM (Heavy Commercial) - supports a wide range of commercial uses. Location: Situated in a designated Opportunity Zone, offering potential tax incentives for investors This property presents a rare chance to own a high visibility site with redevelopment potential, income producing assets, and strategic zoning. Whether you are looking to invest, develop or operate your own business, this property offers flexibility and future growth potential. Portfolio includes 3 parcels - 22-035-0134, 22-035-0136 & 65-722-0001. Contact agents for additional information. Call Kim or Blake for a tour. All properties will be vacated upon closing.

Additional Information

Taxes
$7,430

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Listing courtesy of Presidio Real Estate.

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