1156 Main St, Booneville, AR 72927
This exceptional 3,485 square foot commercial property, situated on 1.05 acres in Booneville, Arkansas, presents a unique investment opportunity. Located at 1156 W Main St, the building boasts 315 feet of frontage on Highway 10, experiencing over 4,000 vehicles daily. Completely remodeled in 2010, the single-story structure features all-new plumbing, a new central HVAC system with gas heat, updated carpeting and ceramic tile, remodeled ADA-compliant bathrooms, and a new architectural shingle roof. The property includes a spacious parking lot accommodating 40 vehicles, enhanced by a convenient breezeway. An additional outbuilding provides valuable on-site storage. The property is zoned R-1 and offers significant potential for various commercial uses. Booneville offers a thriving community with a population exceeding 4,000, boasting amenities such as K-12 schools, a Boys & Girls Club, a municipal airport, an 18-hole golf course, and various retail and restaurant options including Walmart, Tractor Supply, and local favorites. This property's prime location and recent renovations make it an ideal investment for businesses seeking to establish or expand their operations in a vibrant Arkansas community. The asking price is $129,900.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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