121 W Walnut St - Storefront Retail/Office FOR SALE


Rogers, AR 72756
$1,800,000 USD
913-449-6223
121 W Walnut St, Rogers, AR for Sale
$1,800,000 USD
Storefront Retail/Office - FOR SALE
1/22
null | Request Cap Rate

121 W Walnut St
Rogers, AR 72756


HIGHLIGHTS

  • Prominent signalized hard corner at 2nd & Walnut
  • Combined historic tax credits may offset approximately 50% of qualified rehabilitation expenses, subject to certification
  • Flexible ground-floor retail with second-floor office or redevelopment potential

OVERVIEW

Property Highlights 11,615 SF historic mixed-use building Constructed in 1912 with preserved Classical-style architecture Prominent signalized hard corner at 2nd & Walnut Flexible ground-floor retail with second-floor office or redevelopment potential Original pressed-tin ceilings, historic millwork, and oversized storefront windows Contributing property within the National Register-listed Rogers Commercial Historic District Eligible for 20% Federal Historic Rehabilitation Tax Credit Eligible for up to 30% Arkansas Historic Rehabilitation Tax Credit Combined historic tax credits may offset approximately 50% of qualified rehabilitation expenses, subject to certification Walkable to Onyx Coffee Lab, Daisy Airgun Museum, Railyard Park, restaurants, retail, and public parking Exceptional opportunity for owner-users, investors, boutique hospitality, mixed-use redevelopment, or destination retail concepts Offered at $1,800,000

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$150 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Elk Lodge Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront Retail/Residential, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

Commercial

APN/PARCEL ID

02-02188-000

ASK ABOUT THIS PROPERTY

Gavin MageeBlue CraneMore Info
913-449-6223

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Gavin MageeBlue CraneMore Info
913-449-6223

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.