Under Contract

Excellent location less than one block from Orem Community Hospital and close to Orem Center Street commercial corridor.

Ample parking to the rear with over 800 sq ft of a storage, warehouse space.

Secure business office adjacent to entrance.

Additional dining area adjacent to the kitchen.

Commercial kitchen with newer industrial range. Other equipment and fire suppression.

Main kitchen reverse angle. There is also basement cold storage access from the kitchen.

Commercial laundry with industrial washer, dryer and sanitation equipment.

One of 4 smaller bedrooms with Jack and Jill half bath

Dormitory style bathrooms. One each for men and women.

Adjoining cottage facility with recreation room and outside patios and lawn areas, (fully fenced).

Cottage facility with kitchen and dining area.

Fully fenced outdoor are with mature shade trees.

Other outdoor common areas fully fenced, landscaped, and with full automatic sprinkler system.

Subject areal looking Northwest to 800 North Orem.

Listed By Selling Utah Real Estate, Eric R Adams. 801-805-1000
| Data Source: © 2023 Wasatch Front Regional Multiple Listing Service, Inc.

$1,490,000

$/month

Listing Price

Down payment

Length of Loan

Interest Rate

Property Taxes

/year

HOA

/month

Insurance

/year

estimated monthly payment:

Commercial Sale

1.66 AC

394 W 400 N

Orem, UT 84057

Subdivision

MLS# 2007271

252 Days on Market

Tia Monson Tia@mountainluxury.com 801.540.5173 Realtor®

Previous use was as an Intermediate Care Facility ( licensed for 47 beds). Potential use cases could be SFH, RTC, Assisted Living, Group Care, Memory Care, etc. Across the street from Orem IHC Hospital. 1.66 acres of land zoned R-7.5 with potential for redevelopment. Property consists of reception area, 18 bedrooms, (4 bedrooms with Jack and Jill baths), 7 private offices, conference room, large dining area, and commercially equipped kitchen, 2 nurses stations and other common areas and storage. Separate cottage with gathering area, kitchen, beauty room, exercise room. Plenty of fully fenced grass areas and patios. Storage galore with a large onsite garage/shed. Includes 3 parcels Tax 17040042, 170440044, 170440041.

UTILITIES

Heating

Hot Water/Steam, Radiant

Cooling

Central Air

Water/Sewer

unspecified

Electric

unspecified

Info

Year Built

1947

Garage

None

Style

unspecified

2020 Taxes

$7,216

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Listed By Selling Utah Real Estate, Eric R Adams. 801-805-1000
| Data Source: © 2023 Wasatch Front Regional Multiple Listing Service, Inc.

$1,490,000

394 W 400 N

Orem, UT 84057

MLS# 2007271

252 Days on Market

Description

Details

UTILITIES

Info

Listed By Selling Utah Real Estate, Eric R Adams. 801-805-1000 | Data Source: © 2023 Wasatch Front Regional Multiple Listing Service, Inc.

$1,490,000

394 W 400 N

Orem, UT 84057

MLS# 2007271

252 Days on Market

Description

Details

UTILITIES

Info

Listed By Selling Utah Real Estate, Eric R Adams. 801-805-1000
| Data Source: © 2023 Wasatch Front Regional Multiple Listing Service, Inc.