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$ 700,000
Est. payment /mo
Active
1467 Highway 62 412 Cherokee Village, AR 72529
6,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 6,500 sqft
Price per Sqft $107
MLS Listing ID 26025147
Style Other (see remarks)
Year Built 1996
Lot Size 1.460 Acres
Acres 1.46
Property Sub-Type Investment
Property Description
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!
Location
State AR
County Sharp
Area Cherokee Village
Interior
Heating Zoned Units, Central Heat-Unspecified, Central Air - unspecified
Exterior
Parking Features 26 or More
Garage Spaces 49.0
Utilities Available Sewer-Public, Water-Public
Roof Type Metal
Building
Lot Description Level, Not in Subdivision
Foundation Slab
New Construction No
Listed by Coldwell Banker Ozark Real Estate Company • Emily D Bagwell-Shackelford