261 W 2000 S - Assisted Livings FOR SALE


Orem, UT 84058
$798,000 USD
385-777-1799
261 W 2000 S, Orem, UT for Sale
$798,000 USD
Assisted Livings - FOR SALE
1/19
null | Request Cap Rate

NEW


261 W 2000 S
Orem, UT 84058


HIGHLIGHTS

  • Large facility
  • Easy freeway access

OVERVIEW

This property offers a rare opportunity to acquire an established assisted living facility set on residentially zoned land. Perfectly located in a quiet, residential neighborhood. Great potential for conversion or redevelopment, subject to zoning approvals. **Location**: Located in a peaceful residential area, across from a 21-ac Orem City Nielsen Grove Park in the heart of Orem **Zoning**: Currently zoned for residential use, with opportunities for re-purposing or potential redevelopment. **Building Details**: Facility with multiple bedrooms, bathrooms, common areas, and kitchen facilities. **Potential for Conversion**: Ideal for a variety of uses, including residential redevelopment, assisted living, or other specialized care facilities. This property is an excellent investment opportunity, offering flexibility in its future use while maintaining its current operational integrity. Whether you are looking to continue the facility's current use or explore redevelopment possibilities, this property is ready for its next chapter. Vacant. Easy to Show.

FOR SALE DETAILS

PRICE

$798,000 USD

PRICE/SF

$110 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

R8

APN/PARCEL ID

19-047-0034

ASK ABOUT THIS PROPERTY

Tracy ThuesonREALTY 4UMore Info
385-777-1799

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Tracy ThuesonREALTY 4UMore Info
385-777-1799

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.