203 Sprague St - Storefront Retail/Residential FOR SALE


Arkansas City, AR 71630
$125,000 USD
870-688-7100
203 Sprague St, Arkansas City, AR for Sale
$125,000 USD
Storefront Retail/Residential - FOR SALE
1/14
null | Request Cap Rate

203 Sprague St
Arkansas City, AR 71630


OVERVIEW

**Rare Investment Opportunity in Arkansas City** Retail/commercial building great location in historic town primed for heritage and outdoor tourism growth. $100 million in recent area infrastructure investments including the soon-to-be completion of the adjacent Delta Heritage Trail. 9 nearby buildings on National Historic Register. Nearby is the only paved high and low water Mississippi River public boat ramps for 30 miles which attract regional luxurious watercraft access. The 10,000 acre Choctaw Island Wildlife Management Area across levy provides public access lands ideal for hunting, fishing, biking, birdwatching, hiking, camping or horseback riding. Subject two story building on town’s main street is well preserved and offers retail and commercial and even residential potential upstairs. Property being sold along with separate nearby residence and Mississippi River frontage land offerings. Collectively the properties offer a balance of passive land investment (acreage) and active, income-producing potential (hunting, development, historic structures, residence). Price includes only subject commercial building. See MLS# 1326939 for related Land listing.

FOR SALE DETAILS

PRICE

$125,000 USD

PRICE/SF

$28 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sprague Primed for Redevelopment

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

120 AC

LAND SF

5,227,200 SF

ZONING

C

APN/PARCEL ID

003-00209-000

ASK ABOUT THIS PROPERTY

Stewart NanceGriffin Company Commercial DivisionMore Info
870-688-7100

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Stewart NanceGriffin Company Commercial DivisionMore Info
870-688-7100

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