$1,020,000
$1,300,000
21.5%For more information regarding the value of a property, please contact us for a free consultation.
13,132 SqFt
SOLD DATE : 01/11/2023
Key Details
Sold Price $1,020,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 13,132 sqft
Price per Sqft $77
MLS Listing ID 1230715
Sold Date 01/11/23
Construction Status 25 Years or older
HOA Y/N No
Annual Tax Amount $8,048
Lot Size 1.200 Acres
Acres 1.2
Lot Dimensions 159' x 329'
Property Sub-Type Office
Property Description
Outstanding Investment Opportunity- 2 commercial buildings on 2 parcels totaling 1.2 acres. Buildings are fully leased & have Hwy 71B frontage. 210 S Thompson St (called Thompson Plaza) is a brick office complex built in 1985 with 10,116 sqft & 7 individual units. Unit 4 has been split into 4A & 4B for use by 2 separate tenants, but they can also be used together. This L-shaped building has a covered front walkway & has a pylon sign. It also has tenant common areas which include 2 conference rooms, 2 kitchenettes, 2 mechanical rooms & 4 bathrooms. 220 S Thompson St is a one tenant building with 3016 sqft of retail space & it was built in 1944. This parcel would be perfect for future redevelopment & you can keep the rent coming in until you're ready. These buildings have an outstanding, highly visible location with a 30,000+ daily traffic count & close to Downtown Springdale, Huntsville Ave, Northwest Medical Center, Springdale Public School Admin Building & more. Property is zoned C-2. Please do not bother tenants.
Location
State AR
County Washington
Zoning N
Direction From I-49, go East on Elm Springs Rd (which turns in to W Huntsville Ave) for 2.4 miles. Turn South onto N Thompson St / Hwy 71B for 0.4 miles. Just past Emma Ave, the properties are on the West side of the road just across the street from Waffle House.
Rooms
Basement None, Crawl Space
Interior
Heating Central, Gas
Cooling Central Air, Electric
Flooring Carpet, Ceramic Tile
Appliance Gas Water Heater
Exterior
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Roof Type Architectural,Shingle
Present Use Office
Road Frontage Main Thoroughfare
Total Parking Spaces 43
Building
Lot Description Business Park, Central Business District, City Lot, Interior Lot
Building Description Brick,Frame, Other,See Remarks
Foundation Crawlspace, Slab
Sewer Public Sewer
Water Public
Structure Type Brick,Frame
New Construction No
Construction Status 25 Years or older
Others
Security Features Smoke Detector(s)
Read Less Info
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Bought with ABC & Associates Real Estate Company
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Broker | SAEB00089737
jessicagodseyrealestate@gmail.com
2558 E Mission Blvd Ste 201 Fayetteville AR 72703 United States