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AR
Van Buren
72956
104 13Th St

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FOR SALE

Wedding venues

104 N 13Th St Van Buren, AR 72956

4,550 SF 0.82 ac lot Built 1940

Individually Owned 4-yr Hold

Property ID

US05-1353128

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This exceptional mixed-use property, located at 104 N 13th St, Van Buren, AR 72956, presents a unique investment opportunity. The 4,550 square foot building, situated on a 0.82-acre lot, is currently operating at 25% occupancy as a rental venue. Built in 1940 and extensively renovated in 2021, the property boasts a charming blend of historic character and modern amenities. The two-story structure features a full kitchen and conveniently located bathrooms, enhancing its functionality as an event space. The property is zoned R-2, offering flexibility for future development or conversion. With two buildings and a total of two units, this property offers significant potential for increased revenue. The asking price is $499,000, translating to $109.67 per square foot. This net lease investment, classified as Class B, presents a compelling opportunity for value-add investors seeking a unique property in the heart of Van Buren, Arkansas. The property's prime location and versatile zoning provide a strong foundation for a variety of uses, making it an attractive investment for both seasoned and emerging investors. The existing venue setup provides immediate cash flow, while the potential for redevelopment or conversion offers significant long-term upside.