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    OFF-MARKET
    Office Spaces

    1616 A St, Fort Smith, AR 72901

    1,814 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 1,814 square foot, multi-tenant office building located at 1616-1618 N. A. Street in Fort Smith, Arkansas, 72901. The property is priced at $195,000, offering a compelling price per square foot of $107.50. The building consists of two 907 square foot units within a single structure. Currently, one unit is leased for $800 per month plus utilities, while the other is vacant and available for lease at $650 per month plus utilities. This presents a unique opportunity for an owner-occupier to operate a business in one suite while generating income from the other, or to maximize rental income by leasing both units. The building's prime location near downtown Fort Smith provides excellent visibility and accessibility. This traditional office space is ideal for a variety of businesses seeking a well-maintained property in a desirable location. The property offers a strong potential for both immediate income and long-term appreciation. This is a turnkey investment opportunity ready for immediate occupancy and income generation. The building is situated in Sebastian County and offers a modified lease type. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Office Spaces
    Total area 1,814 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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