205 College St, Mountain Home, AR 72653-3653
This exceptional commercial property, located at 205 & 209 N College Street in Mountain Home, Arkansas, presents a unique investment opportunity. Boasting a prime location across from Walgreens, at one of the city's busiest intersections, this property offers unparalleled visibility and accessibility. The two buildings, totaling approximately 4,740 square feet on one level, are situated on a sizable lot with ample front and rear parking. The property features three units, with two currently rented, providing immediate income potential. Recent major upgrades include new heating and cooling systems, insulation, storefront and garage doors, fresh paint, and new 26-gauge standing seam metal roofs. The interior spaces are flexible and adaptable, with the main building including a half and three-quarter bath, and a kitchenette area. Rental units each have half baths. The property is fully fenced, offering secure access to rear bay doors. C2 zoning allows for a variety of commercial uses. With its high traffic location, major upgrades, and room for expansion, this property is an ideal investment for discerning buyers seeking a high-return commercial asset in a thriving Arkansas market. The property is situated in Baxter County, Arkansas, zip code 72653. The buildings are all on one level and are approximately 4740 square feet.
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Corner Joint Gallery & Picture Framing Art Gallery Picture Frame Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.