316 Hwy 62/412 Salem, AR 72576
- Retail properties
- 960 SF
- 0.23 lot acres
Current Use by Public Records
- Retail properties
Property Details for 316 Hwy 62/412
- Lot size
- 0.23 lot acres
- Property size
- 960 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional commercial property, located at 316 Hwy 62/412 E in Salem, Arkansas, presents a compelling investment opportunity. Situated on a 0.23-acre lot, the 960-square-foot building boasts a prime location with high traffic volume, ideal for a variety of businesses. The interior layout includes a lobby, two offices, a bathroom, and a substantial storage area, offering versatility for diverse operational needs. The property's highway frontage ensures excellent visibility and accessibility, making it an attractive prospect for both established businesses and new ventures. Its location in Salem, Arkansas, within Fulton County, places it near Lake Norfork, adding to its appeal. The property's potential extends beyond immediate occupancy, as it also presents a strong opportunity for rental income generation. This well-maintained building offers a blend of functionality and location, making it a highly desirable asset in the North Central Arkansas region. The asking price is $119,000. This is a rare opportunity to acquire a thriving commercial property in a desirable location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Fulton
- State
- Arkansas
- Longitude
- -91.8163
- Latitude
- 36.3838
