Current Use by Public Records
- Garret's Body Shop and Towing / Auto Repair Shop
Property Details for 7601 Terry St
- Lot size
- 1.10 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Land
Description
This exceptional commercial property presents a unique investment opportunity in Fort Smith, Arkansas. The offering includes a 2,292 square foot retail building situated on 0.41 acres of land, currently leased to a local tenant, within the historic district of Fort Chaffee. The asking price for this established business is $165,000, translating to a price per square foot of $71.99. This represents a strong potential return on investment given the existing lease. Furthermore, an adjoining 1.1-acre lot is also available for purchase, expanding the potential development or expansion opportunities significantly. The property's location in the historic district offers unique character and potential for growth. The existing building provides immediate income generation, while the additional land offers considerable future development potential. This combination of immediate income and long-term growth potential makes this a compelling investment opportunity in a desirable location. The property is located at 7601 Terry Street, Fort Smith, AR 72903, in Sebastian County. This is a rare chance to acquire a well-situated commercial property with both immediate income and significant future upside.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Smith
- County
- Sebastian
- State
- Arkansas
- Longitude
- -94.3668
- Latitude
- 35.3448
