1616 A St Fort Smith, AR 72901
- Office Properties & Spaces
- 1,814 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 1616 A St
- Property size
- 1,814 SF
- Property type
- Office Properties & Spaces
Description
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Smith
- County
- Sebastian
- State
- Arkansas
- Longitude
- -94.4148
- Latitude
- 35.3816
