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Southern Homes Realty

southernhomes@windstream.net +1(870) 942-5560

$ 195,000

Est. payment -/mo

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115 Village Pl Fairfield Bay, AR 72088

8,248 SqFt

UPDATED:

10/26/2024 06:17 AM

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

Listed by Landry Greers Ferry Lake Realty • Tammy Landry

Southern Homes Realty

+1(870) 942-5560

Southern Homes Realty

115 Village Pl Fairfield Bay, AR 72088

Key Details

Location

Interior

Exterior

Building

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115 Village Pl