1060 1St AveGravette, AR 72736

Property Details for 1060 1St Ave

Lot size

0.68 AC

Property size (Sq ft)

9,700 SF

Property type

Industrial properties

Property subtype

Other warehouses

APN

11-00404-000

APU

1100404000

Description

This exceptional Gravette, AR property offers a unique blend of industrial and residential space, spanning a substantial 25,211 square feet on a 2.12-acre lot. The property features a well-designed layout ideal for a variety of uses, including warehousing, manufacturing, and office operations. A significant portion of the space consists of a climate-controlled warehouse totaling 12,000 square feet. This area is thoughtfully divided into a welcoming lobby, convenient restrooms, functional offices, a practical kitchenette, ample storage rooms, and a large, open display floor perfect for showcasing products or equipment. Access is provided by two overhead doors, each with its own loading dock, ensuring efficient loading and unloading operations. An additional 9,700 square feet of open warehouse space is also available, equipped with two restrooms and two overhead doors with loading docks. Adding to the versatility of this property is a 1,697 square foot four-car garage, conveniently connected to the main building via a breezeway. The property also includes a 1,697 square foot apartment on the second floor, offering a comfortable living space with a living area, kitchen, two bedrooms, one bathroom, and laundry facilities. The property boasts newer TPO roofs and four newer furnaces, ensuring both energy efficiency and low maintenance costs. This property presents a significant opportunity for investors and businesses seeking a versatile and well-maintained space in a growing area. The combination of industrial space and residential accommodation offers potential for rental income and diverse operational possibilities. Priced at $1,700,000.

• Alternative Use

  Use

  Valuation

  Residential

  $967,849

  Hospitality

  $886,544

  Educational

  $737,594

  Medical

  $762,962

  Retail

  $1,147,369

Location Insight

City

Gravette

County

Benton

State

Arkansas

Latitude

36.4298

Longitude

-94.4545

CBSA code

22220

CBSA name

FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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