$420,000
$475,000
11.6%For more information regarding the value of a property, please contact us for a free consultation.
3029 E Van Buren Eureka Springs, AR 72632
3,300 SqFt
Key Details
Sold Price $420,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,300 sqft
Price per Sqft $127
MLS Listing ID 1195567
Sold Date 05/02/22
Construction Status Resale (less than 25 years old)
HOA Y/N No
Year Built 2003
Annual Tax Amount $2,206
Lot Size 0.330 Acres
Acres 0.33
Property Description
Great investment opportunity in the heart of Eureka Springs. Top level is currently operating as an eye clinic with a lease ($2,100/month with a 1% annual increase and three six year options to renew) that runs through March 2030. Downstairs is a 1,600 sq./ft apartment (2 bed/1 bath) currently leased for $1,000/month. Property was remodeled in 2020 including all HVAC, plumbing, electric, sheetrock, and flooring. Downstairs apartment has new appliances, paint, flooring, and LED light fixtures.
Location
State AR
County Carroll
Zoning N
Direction AR-72 E towards Pea Ridge, continue straight onto Lee Town Rd, right onto AR-72 E, left onto US-62 E, right onto W Van Buren.
Rooms
Basement Full, Finished
Interior
Heating Central, Gas
Cooling Central Air, Electric
Flooring Laminate, Vinyl
Appliance Gas Water Heater
Exterior
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available
Present Use Medical/Dental
Road Frontage Main Thoroughfare
Building
Lot Description Central Business District
Construction Status Resale (less than 25 years old)
Others
Special Listing Condition None
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Bought with NWA Residential Real Estate