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Fairfield Bay,AR 72088
Key Details
Property Type Commercial
Sub Type Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 8,248 sqft
Price per Sqft $23
Subdivision Lakewood
MLS Listing ID 24038438
Style Other (see remarks)
Year Built 1977
Tax Year 2023
Lot Size 1.070 Acres
Acres 1.07
Property Description
Unlock the potential of this prime commercial property, perfectly positioned in the bustling heart of Fairfield Bay. This promising investment features 7 versatile units, with 3 currently leased by thriving businesses, guaranteeing immediate cash flow. The current owners have proactively enhanced the property, including the installation of brand-new HVAC units for Units D & A. Units G & F boast relatively new HVAC systems, ensuring efficient climate control. While Unit B's HVAC is approaching the end of its lifecycle, proactive planning will ensure uninterrupted operations. Unit C, a vacant space, presents a fantastic opportunity for renovation, allowing you to customize it to suit future tenants' needs. Fiber Optic has been installed which meets the increasing demand for fast and reliable connectivity—a significant advantage for attracting quality tenants. Whether looking to expand your investment portfolio or seeking a high-potential income property, this commercial space in Fairfield Bay offers a blend of immediate return and future growth. See documents for additional information.
Location
State AR
County Van Buren
Area Fairfield Bay
Interior
Interior Features Public Restrooms,Display Window
Heating Central Cool-Electric,Central Heat-Electric,Zoned Units
Flooring Partial Carpet,Tile,Luxury Vinyl
Exterior
Garage 26 or More,Common,Paved
Garage Spaces 30.0
Utilities Available Sewer-Public,Water-Public,Electric-Co-op,Telephone-Private,All Underground
Roof Type Asphault: incl w/polymer
Building
Lot Description City Lot,Rental Complex
Foundation Slab
New Construction No