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$1,495,000
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Property Description
Price Improvement! Prime Investment Opportunity in Provo - 3 parcels with versatile potential. Unlock the full potential of this unique commercial offering located the heart of Provo. This property includes three contiguous parcels, a 5,000 SF warehouse, a 3,592 SF duplex, and a .23 acre vacant lot - providing multiple avenues for income, development, or owner-occupancy. Key features: Warehouse: approximately 5,000 SF, ideal for storage, distribution, light manufacturing or conversion to suit your business needs. Duplex: 3,592 SF Unit 1 - 4 BR/ 2 BA Unit 2 - 1 BR/ 1 BA Flexible layout - potential to convert back to a retail space. Vacant lot: .23 acre - perfect for expansion parking or new construction Zoning: CM (Heavy Commercial) - supports a wide range of commercial uses. Location: Situated in a designated Opportunity Zone, offering potential tax incentives for investors This property presents a rare chance to own a high visibility site with redevelopment potential, income producing assets, and strategic zoning. Whether you are looking to invest, develop or operate your own business, this property offers flexibility and future growth potential. Portfolio includes 3 parcels - 22-035-0134, 22-035-0136 & 65-722-0001. Contact agents for additional information. Call Kim or Blake for a tour. All properties will be vacated upon closing.
Full Property Details
Full Property Details for 735 S State St
General
- Price: $1,495,000
- Taxes: $7,430
- Status: Active
- Type: Retail
- Source: WFR
- MLS ID: 2087493
- Updated: 12/28/2025
- Added to Site: 239 day(s) ago
Location
- Area: Provo; Mamth; Springville
- County: Utah
- Cross Streets: 737
- Direction Faces: Southwest
Structural Information
- Current Bldg. Use: Retail, Office
- Year Built: 1957
- Property Condition: Blt./Standing
Lot Features
- Lot Size (Acres): 0.86
- Lot Size (Sq. Ft.): 37,461.6
- Lot Size: .86
- Lot Dimensions: 250.0 x 193.0 x 290.0
- Frontage Feet: 250
- Zoning: C2
Financial Considerations
- Tax Amount: $7,430
Disclosures and Reports
- Special Conditions: Trustee
- Property ID: 22-035-0136
Listed by Presidio Real Estate and Presidio Real Estate (Commercial)
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Schools
Schools serving 735 S State St
School District:Provo School District
| Name | Grades | Distance |
|---|---|---|
Provost School 629 South 1000 East, Provo, UT 84606 | K-6 | 0.1 mi |
Centennial Middle School 305 East 2320 North, Provo, UT 84604 | 7-8 | 2.9 mi |
Timpview High School 3570 N 650 E, Provo, UT 84604 | 9-12 | 3.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 735 S State St
Date
Details
Price
Change
Source
9/03/2025
Price Reduced
$1,495,000
-9.39%
MLS
5/25/2025
Listed
$1,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 735 S State St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,194
—
$366,200
16%
2024
$3,194
—
$314,400
—
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 735 S State St
735 S State St, Provo, UT 84606 (MLS# 2087493) is a Retail property. 735 S State St is currently listed for $1,495,000 and was received on May 25, 2025. Want to learn more about 735 S State St? Do you have questions about finding other Retail real estate for sale in Provo? You can browse all Provo real estate or contact a Coldwell Banker agent to request more information.

