About 415 N Orem Blvd
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 at $2,395/month, with a five-year lease term and scheduled increases, tenant pays the CAM fees, this property presents an exceptional investment opportunity. The suite offers a 5.1% cap rate, making it a valuable asset for investors seeking stable, returns in a sought-after medical location. Please do not disturb tenant.
Features of 415 N Orem Blvd
| MLS® # | 2102253 |
|---|---|
| Price | $440,000 |
| Acres | 0.98 |
| Year Built | 1998 |
| Type | Commercial Sale |
| Sub-Type | Office |
| Status | Active |
Community Information
| Address | 415 N Orem Blvd |
|---|---|
| Area | Pl Grove; Lindon; Orem |
| Subdivision | BOULEVARD MEDICAL CENTER CONDO |
| City | Orem |
| County | Utah |
| State | UT |
| Zip Code | 84057 |
Amenities
| Utilities | 240 V 3 Phase |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Tile, Vinyl |
|---|---|
| Interior Features | Alarm: Fire, Restroom: Private |
| Appliances | Real Estate |
| Heating | Forced Air, Natural Gas |
| Cooling | Central Air |
| Fireplace | No |
Exterior
| Exterior Features | Paved Parking |
|---|---|
| Roof | Asphalt |
Additional Information
| Date Listed | July 31st, 2025 |
|---|---|
| Days on Market | 94 |
| Zoning | Commercial |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Christine Alleman |
|---|---|
| Office | Alliance Real Estate, PLLC |
| Contact Info | 801-222-9449 |