115 University St, Siloam Springs, AR 72761

This exceptional mixed-use property, located at 115 E University St in Siloam Springs, Arkansas, presents a compelling investment opportunity. The 7,500 square foot building, constructed in 1905 and renovated in 2012, boasts a prime location in the historic downtown district, a stone's throw from Memorial Park, The Hub, the new library, and a revitalized downtown area. With a C-2 zoning designation, this four-story building offers unparalleled flexibility. Currently configured as a multifamily property with up to eight units, it features 11 bedrooms, 7.5 bathrooms, and five kitchens, allowing for diverse uses such as office space, retail storefront, residential rentals, or short-term rentals (Airbnbs). The building's high visibility is enhanced by existing signage, including a unique backlit billboard-style sign visible throughout downtown. The property's strong financial performance is reflected in its $1,000,000 asking price, $133.33 price per square foot, and a substantial net operating income (NOI) of $62,500. This corner location offers exceptional visibility and access, making it an ideal investment for discerning buyers seeking a high-return property in a thriving Arkansas community. The property's versatility and strong financial performance make it a rare find in the Siloam Springs market.