401 Wheeler Ave Fort Smith, AR 72901-3617
- Auto shops
- 16,040 SF
- 0.51 lot acres
Current Use by Public Records
- Auto shops
Property Details for 401 Wheeler Ave
- Lot size
- 0.51 lot acres
- Property size
- 16,040 SF
- Property type
- Auto shops
- APN
- 16477-0002-00567-00
- APU
- 1647700020056700
Description
This exceptional 16,000-square-foot retail property, located at 401 Wheeler Avenue in Fort Smith, Arkansas, presents a unique investment opportunity. Previously used as an automotive repair shop, the building offers significant flexibility for a variety of uses. The entire space is currently vacant and available for lease at a monthly rate of $4,250. Alternatively, the property can be divided. One option is to lease 8,000 square feet of newly renovated space for $2,750 per month, ideal for a business requiring modern amenities. The remaining 8,000 square feet can be leased separately as storage space for $1,500 per month, providing additional income potential. This versatile layout caters to diverse business needs. The building enjoys a prime location directly across from Ok Foods in downtown Fort Smith, situated on Wheeler Avenue, also known as truck route 255, ensuring high visibility and convenient access. All utilities are the responsibility of the tenant. The property is situated in Sebastian County, Arkansas, with a zip code of 72901. This presents a rare chance to secure a substantial retail space in a thriving area of Fort Smith. The property's size, location, and flexible lease options make it an attractive proposition for a wide range of businesses.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $285,000
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Location Insight
- Map
- Local Demand
- City
- Fort Smith
- County
- Sebastian
- State
- Arkansas
- Longitude
- -94.4255
- Latitude
- 35.38
- CBSA code
- 22900
- CBSA name
- FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA