Commercial-Sale

415 OREM BLVD, Orem

$440,000.00

Bedroom bedrooms

  • MLS #: 2102253
  • Address: 415 OREM BLVD, Orem, UT 84057
  • Date Listed: 7/31/2025
  • Days on Market: 301
  • Acres: 0.98
  • Subdivision: BOULEVARD MEDICAL CENTER CONDO

Location Location

Agent Comments Agent Comments
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.

Amenities Amenities
  • Real Estate

Interior Features Interior Features
  • Cool System: Central Air
  • Heat System: Forced Air, Natural Gas
  • Floors: Carpet, Tile, Vinyl
  • Interior: Alarm: Fire, Restroom: Private

Exterior Features Exterior Features
  • Roof: Asphalt
  • Exterior: Paved Parking

Additional Features Additional Features
  • County: Utah
  • Property Type: Office
  • Tax Number: 35-319-0002
  • Stories: 0
  • Year Built: 1998