722 Main St Decatur, AR 72722
This versatile 7,600 square foot commercial property in Decatur, Arkansas, presents a unique investment opportunity. Located at 722 S Main St, this single-story, Class B building sits on a 2.77-acre lot and boasts high visibility with over 7,000 cars passing daily. Built in 1983, the property features 5,978 square feet of heated and cooled space, plus an additional 670 square feet of storage. The building includes two loading docks with eight dock-high doors, a 10-foot ceiling (with peak ceiling approximately 16 feet and side wall approximately 13 feet), and recently serviced HVAC units (approximately nine years old). Energy-efficient LED lighting and a 2x4 tiled ceiling enhance the space. A large 24x24 foot freezer unit is ideal for various uses. Ample parking is available with 31 spaces. The property is zoned commercial and includes multiple surveillance cameras (operational status to be verified by buyer). This prime location offers significant potential for a variety of businesses, including convenience stores, daycares, restaurants, or retail operations. The property is conveniently located on Hwy 59, north of Siloam Springs and Gentry, and south of Gravette, near other established businesses such as Simmons Chicken. The asking price is $450,000, with an occupancy date of September 28, 2024. APN: 08-00550-000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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