1467 Highway 62/412, Cherokee Village, AR 72529

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Status:Active
Price:$ 700,000
Type:Commercial
Size:6,500 ft²

Features

  • 2 Guaranteed Income Streams
  • Highly Visible Intersection
  • 6500 Sq Ft
  • 49 Dedicated Parking Spaces
  • City Water and Sewer

Remarks

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!

General Information

Annual Property Tax:
3,390
County:
Sharp

Building Details

Year Built:
1996
# of Stories:
1
Heating/Ventilation:
Central Heat-Electric
Air Conditioning:
Central Air-Electric
Sewer:
City
Water:
City

Commercial Details

Annual Gross Income:
53,598.64
Zoning:
Commercial
Price per Square Foot:
107.69
# of Units:
2

Amenities

  • Alarm System
  • Automatic Sprinklers
Emily Shackelford Jeff Shackelford

Emily Shackelford
Jeff Shackelford

(870) 758-0098
Emily Cell
(870) 847-6248
Jeff Cell
Contact UsView ListingsProfile
More Info

Coldwell Banker Ozark Real Estate Company

3917 Hwy 62/412
Hardy, AR 72542

(870) 856-3206

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