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$ 1,995,000
Est. payment /mo
Price Dropped by $280K
215 N East Ave Fayetteville, AR 72701
4,512 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 4,512 sqft
Price per Sqft $442
MLS Listing ID 1340966
Construction Status 25 Years or older
HOA Y/N No
Year Built 1920
Annual Tax Amount $5,759
Lot Size 6,141 Sqft
Acres 0.141
Property Sub-Type Office
Property Description
Historic mixed-use asset in the heart of Downtown Fayetteville, a property with forty years of single-ownership stewardship and the bones to prove it. The commercial space is fully occupied with month-to-month tenants, offering immediate income and flexibility for a buyer with a long-term vision. Two basement-level furnished luxury apartments add a residential income component that's increasingly rare this close to the Square.
Capital improvements are in place: new roof, updated plumbing, and updated electrical. The historic character has been carefully preserved throughout, making this a property that would be difficult, if not impossible, to replicate at this address.
Opportunities like this don't surface often in Downtown Fayetteville.
Capital improvements are in place: new roof, updated plumbing, and updated electrical. The historic character has been carefully preserved throughout, making this a property that would be difficult, if not impossible, to replicate at this address.
Opportunities like this don't surface often in Downtown Fayetteville.
Location
State AR
County Washington
Direction From College Ave turn West on E Spring St, then North on East Ave, and property will be on your left.
Rooms
Basement Finished
Exterior
Total Parking Spaces 5
Building
Lot Description Central Business District, City Lot
New Construction No
Construction Status 25 Years or older
Others
Special Listing Condition None
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Listed by Lindsey & Associates Inc