Date
Details
Price
Change
Source
5/19/2026
Listed
$1,860,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/39
$1,860,000 Just Listed
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Property Description
Prime commercial opportunity in the heart of Orem located near the highly trafficked intersection of State Street and University Parkway. This 6,000 SF standalone building offers approximately 3,000 SF on the main level and 3,000 SF on the lower level, providing flexible space for a variety of commercial uses including restaurant, retail, office, medical, or owner-user opportunities. Positioned in one of Orem's most visible commercial corridors, the property benefits from exceptional exposure, high ADT, and strong surrounding demographics. Features include designated parking, prominent marquee signage for maximum visibility, and convenient access from major thoroughfares. Surrounded by national retailers, restaurants, and established businesses, this location offers outstanding accessibility and long-term growth potential in one of Utah County's busiest commercial districts. Please DO NOT disturb the restaurant. Contact the agent for details to access the property. FF&E are negotiable- contact agent for details. Square footage figures are provided as a courtesy estimate only . Buyer is advised to obtain an independent measurement.
Full Property Details
Full Property Details for 340 E 1200 S
General
- Price: $1,860,000
- Taxes: $5,800
- Status: Active
- Type: Retail
- Source: WFR
- MLS ID: 2159132
- Updated: 5/19/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Floor Drains, Basement, Kitchen, Restroom: Public
- Flooring: Tile
Exterior
- Exterior Features: Out Buildings
Location
- Area: Orem; Provo; Sundance
- County: Utah
- Subdivision: CARILLON SQUARE
- Direction Faces: West
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Natural Gas
Utilities
- Utility Description: 120/240 V 1 Phase, Gas: Natural
Structural Information
- Roof: Wood
- Windows: Blinds
- Disability Access: Fully Accessible, Ground Level, Accessible Kitchen, Accessible Entrance, Ramp, Customized Wheelchair Accessible, Accessible Full Bath
- Current Bldg. Use: Retail
- Year Built: 1970
- Property Condition: Blt./Standing
Lot Features
- Lot Size (Acres): 0.31
- Lot Size (Sq. Ft.): 13,503.6
- Lot Size: .31
- Zoning: C2
Horse Property
- Horse Property: Yes
Financial Considerations
- Tax Amount: $5,800
- Terms: Cash, Conventional, SBA
Disclosures and Reports
- Exclusions: Equipment/Machinery, Fixtures, Furniture
- Property ID: 19-015-0044
Listed by Century 21 Everest
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Listing agent
— 340 E 1200 S —
Century 21 Everest
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 340 E 1200 S
School District:Alpine School District
| Name | Grades | Distance |
|---|---|---|
Westmore School 1150 South Main Street, Orem, UT 84058 | K-6 | 0.5 mi |
Lakeridge Jr High School 951 South 400 West, Orem, UT 84058 | 7-9 | 0.9 mi |
Mountain View High School 665 West Center Street, Orem, UT 84057 | 10-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 340 E 1200 S
Tax History
Tax History for 340 E 1200 S
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,800
-3%
$728,300
—
2024
$5,976
9%
$730,700
1%
2023
$5,497
-7%
$722,400
15%
2021
$5,914
3%
$627,300
-14%
2022
$5,755
-3%
$732,800
5%
2021
$5,914
2%
$697,000
11%
2019
$5,784
4%
$627,000
9%
2018
$5,537
—
$573,500
3%
2017
$5,512
2%
$556,000
10%
2016
$5,430
-5%
$505,100
1%
2015
$5,689
-10%
$500,500
-6%
2013
$6,321
—
$530,200
3%
2013
$6,321
—
$513,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 340 E 1200 S
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- Single Family
- Active
- Updated 6 days ago
- 7Beds
- 10Total Baths
- 15,377Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 3Total Baths
- 3,174Sq. Ft.
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- Single Family
- Active
- Updated 6 days ago
- 5Beds
- 4Total Baths
- 3,328Sq. Ft.
Listed by Jann Bassett (678) 735-9463
- Single Family
- Active
- Updated 5 hours ago
- 3Beds
- 2Total Baths
- 3,076Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 5Beds
- 4Total Baths
- 3,821Sq. Ft.
340 E 1200 S, Orem, UT 84058 (MLS# 2159132) is a Retail property. 340 E 1200 S is currently listed for $1,860,000 and was received on May 19, 2026. Want to learn more about 340 E 1200 S? Do you have questions about finding other Retail real estate for sale in Orem? You can browse all Orem real estate or contact a Coldwell Banker agent to request more information.