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2 N College Ave
Fayetteville, AR 72701
Office Property For Sale
Investment Highlights
- — Size: ±16,988 SF Building on ±0.5 AC Lot
- — Tenant: Building Fully Leased through July 2027; However, Available for Immediate Occupancy
- — Layout: 3 Floors of Functional Office Space and Basement with Dedicated Air
- — Parking: 30 Dedicated Spaces
Executive Summary
Presenting an exceptional investment opportunity in the heart of Fayetteville: a fully leased, multistory commercial building boasting a prime location with significant frontage on College Ave. This meticulously maintained property offers three floors of versatile office space plus a basement, generating immediate income through a lease extending until July 2027. With ample dedicated parking and unparalleled proximity to the University of Arkansas and the Washington County Courthouse, this asset is perfectly positioned for sustained value and growth.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
16,998 SF
Building Class
B
Year Built
1905
Price
$3,650,000
Price Per SF
$214.73
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
3,661 SF
Building FAR
0.77
Lot Size
0.51 AC
Zoning
C-3 - Commercial
Parking
30 Spaces (2.05 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 765-12715-000 | Improvements Assessment | $585,924 |
| Land Assessment | $39,600 | Total Assessment | $625,524 |
Property Taxes
Parcel Number
765-12715-000
Land Assessment
$39,600
Improvements Assessment
$585,924
Total Assessment
$625,524
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