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1341 S School Ave 2,460 SF Retail Building Fayetteville, AR 72701 $650,000 ($264.23/SF)
INVESTMENT HIGHLIGHTS
- Hight Traffic Flow (13,000+ vehicles per day), close to downtown.
- Approximately 1/2 acre with plenty of room for parking & may be great for a Multi Family Project.
EXECUTIVE SUMMARY
Incredible opportunity to own a 1/2-acre prime commercial lot just south of downtown Fayetteville! Zoned Downtown General, this lot is ideal for a variety of uses. Located in a high-traffic area with more than 13,000 vehicles per day, it offers excellent visibility. The existing 2,460 sq ft block building is just minutes from downtown Fayetteville, the University of Arkansas, and right down the road from Baum-Walker Stadium, this property is full of potential. Endless possibilities for a variety of businesses—buyer to verify permitted uses with the City of Fayetteville.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,460 SF
Building Class
C
Year Built
1950
Price
$650,000
Price Per SF
$264.23
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.50 AC
Opportunity Zone
Yes
Zoning
Downtown General - Multi family, 3 & 4 family dwelling, eating places, neighborhood cafe, Offices etc.
Frontage
102’ on South School Avenue
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 765-14927-000 | Improvements Assessment | $10,000 |
| Land Assessment | $36,000 | Total Assessment | $46,000 |
PROPERTY TAXES
Parcel Number
765-14927-000
Land Assessment
$36,000
Improvements Assessment
$10,000
Total Assessment
$46,000
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1341 S School Ave
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