1467 Highway 62 412, Cherokee Village, AR 72529

$700,000
6,500
SqFt

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List Price
$700,000
Status
ACTIVE
Days on Market
45
MLS#
26025147
Style
Other (see remarks)
Year Built
1996
Living Area
6,500
Lot Size
63,597
Acres
1.46
MLS Area Major
Cherokee Village

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!

Additional Information

Taxes
$3,390
Property Description
Other (see remarks)
Roof
Metal

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Listing courtesy of Coldwell Banker Ozark Real Estate Company.