Address
735 S State St, Provo, UT
Price
$ 1,495,000
Property Attributes
  • MLS#2087493
  • TypeCommercial
  • Listing Status Backup
  • CountyUTAH
  • CityProvo
  • AreaProvo
  • Zip84606
  • Style
  • Year Built1957
  • Taxes$ 7430
  • Price$ 1,495,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8592
  • Lot Size0.86 Acres
Data Source:
Wasatch Front Regional MLS (WFRMLS)
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.

Price History
5/25/2025 Listed $1,650,000
9/3/2025 10$1,495,000

General Features

Year Built 1957
Property Subtype Retail
Current Use Retail,Office
County Utah
New Construction No
Property Type Commercial Sale
HOA No
Attached Garage No
Facing Direction Southwest
Garage Y/N No
Status Backup
City Provo
Senior Community Y/N No
Zoning Description C2
MLS Area Provo; Mamth; Springville
Lot Size Units Acres
Lot Size Square Feet 37461.6
Carport Y/N No
Property Attached Y/N No
Tax Annual Amount 7430.0
Home Warranty Y/N No
Property Condition Blt./Standing
Lease Considered Y/N No
Living Area Units Square Feet
Standard Status Active Under Contract
PostalCity Provo
ADU No

Interior Features

Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No

Exterior Features

Lot Size Area 0.86
Spa No
Building Area Total 8592.0
Lot Dimensions 250.0x193.0x290.0
Lot Size Acres 0.86
Frontage Length 250.0
Private Pool No
Waterfront Y/N No
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 84606

Price
AVG $170K
$1.5M
Taxes
AVG $3,116
$7,430
Year Built
AVG 1974
1957
Visits
AVG 90
87
Data Provided by Inside Real Estate®

Areas We Cover