136 Butler Ln - Retail FOR SALE


Hot Springs, AR 71913
$3,500,000 USD
501-525-0000
136 Butler Ln, Hot Springs, AR for Sale
$3,500,000 USD
Retail - FOR SALE
1/37
null | Request Cap Rate

NEW


136 Butler Ln
Hot Springs, AR 71913


HIGHLIGHTS

  • Approved Entergy permit.
  • Fuel dock, sixteen (16) slips existing.
  • Convenience store with stand-up coolers.
  • Shop / Maintenance Area.
  • New Approved Permit with approx. 2 Docks / 26 slips.
  • Newly Permitted 10 boat rentals and Newly Permitted 8' wide boardwalk over the water around perimeter of The Island.

OVERVIEW

This has been a high-end restaurant and a high-end marina, sales, and convenience store. Sales of fuel, 180,000 gallons. Bathrooms, sales office, and the “Love Shack.” Indoor bathrooms, a comfortable livable unit (“Love Shack”), and a sales office make this property both functional and flexible. Experience Hot Springs’ best sunsets — perfect for after-work relaxation or lakeside events. Host events, attract boaters, and become a landmark on Lake Hamilton! This is $11,500/monthly, triple net. This does not include the shop, attic space, or the love shack/cabin but can be made available for additional cost per month. It includes convenience stores, sales office/separate building, fuel dock, parking lot. Permits were just issued for the 10 boat rentals and the additional 26 stalls. These have not been built yet and are not part of the monthly lease.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$589 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Island on Lake Hamilton

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,160 SF

ZONING

-

APN/PARCEL ID

100-14730-000

ASK ABOUT THIS PROPERTY

John CarterConvenient InvestmentsMore Info
501-525-0000

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John CarterConvenient InvestmentsMore Info
501-525-0000

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