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1703 W Mlk Jr Blvd 1,778 SF Retail Building Fayetteville, AR 72701 $900,000 ($506.19/SF)
Investment Highlights
- Highly visible corner of W. Martin Luther King Jr. Blvd. and S. Beechwood Ave.
- Primary storefront has undergone recent improvements
- Estimated 37,000 vehicles passing daily
Executive Summary
PRIME COMMERCIAL OPPORTUNITY! Highly visible corner of W. Martin Luther King Jr. Blvd. and S. Beechwood Ave. This approximately 0.32-acre property features two freestanding commercial buildings totaling approx 1,778 SF, with prominent frontage along one of Fayetteville’s busiest commercial corridors w/ estimated 37,000 vehicles passing daily. Primary storefront has undergone recent improvements, creating an updated space suitable for retail, office, studio, or service-oriented use. A separate secondary building offers additional workspace, storage, or future income potential. Flexible I-1 Heavy Commercial and Light Industrial zoning allows for a broad range of potential uses. Ideal for an owner-user, investor, or buyer seeking a strategic commercial location near the University of Arkansas, downtown Fayetteville, and I-49.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
1,778 SF
Building Class
C
Year Built
1955
Price
$900,000
Price Per SF
$506.19
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
I-1 - Heavy Commercial And Light Industrial (See attachments)
Parking
4 Spaces (2.25 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 765-07573-000 | Improvements Assessment | $52,500 |
| Land Assessment | $35,640 | Total Assessment | $88,140 |
Property Taxes
Parcel Number
765-07573-000
Land Assessment
$35,640
Improvements Assessment
$52,500
Total Assessment
$88,140
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