Accepting backup offers MLS# 2087493 · 519 days on the market
$1,495,000
It starts with a call with an agent.
735 S State St, Provo, UT 84606
About this home
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.
Written by the listing agent.
Location
The market in Provo today
From the listings for sale, as of October 26, 2026. Asking prices only: Utah does not make sold prices public.
Living in Provo
Provo is the county seat of Utah County, located 43 miles south of Salt Lake City along the Wasatch Front, between Orem to the north and Springville to the south.
- 115,162 residents (2020)
- 2 rail stations
- 17 named trails
- 59 named parks
Monthly payment
- Principal & interest
- $8,284
- Property tax
- $619
- Home insurance
- $110
10% down ($149,500), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Lot
- 0.86 acres
- County
- Utah
- Faces
- Southwest
Listing courtesy of Presidio Real Estate / Kim Pannell. Based on information from UtahRealEstate.com as of 6/25/2026 5:00 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy.