Other (see remarks)
1467 Highway 62 412
Cherokee Village, AR 72529
MLS#: 26025147
$700,000
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1996
Sq.Footage
6,500
Prime Commercial Investment Opportunity with Guaranteed Income Streams! Strategically situated at a high-visibility, traffic-light-controlled major intersection, this premier 6,500-square-foot commercial building offers unparalleled exposure. Perfectly positioned next to high-traffic anchors like Casey’s Gas Station and major local banks, the property features a robust structure originally built in 1996, seamlessly expanded with a 2,500-square-foot addition in 2003. Investors will appreciate the immediate, reliable cash flow provided by two secure tenants: a stable 2-year government lease occupies one side of the building, while a highly desirable, rolling 5-year lease secures the other. Fully equipped with reliable city water and city sewer infrastructure, the property also boasts an expansive paved lot with 49 dedicated parking spots to easily accommodate staff and a high volume of clientele. Don't miss out on this turnkey, low-risk addition to your commercial portfolio in a booming retail and professional corridor!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central, Zoned
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Features
Level
-
Lot Size(acres)
1.46
-
Property Type
Commercial Sale
-
Property Sub Type
Business
-
Architectural Style
Other (see remarks)
Price
-
Sales Price
$700,000
-
Tax Amount
$3,390
-
Sq. Footage
6, 500
-
Price/SqFt
$107
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Sharp
Elementary School
Middle School
High School
Listing Courtesy of Emily Bagwell-Shackelford , Coldwell Banker Ozark Real Estate Company
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REALTOR®
Carrie Davenport
Call Carrie today to schedule a private showing.
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