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707-709 Rogers Ave
Fort Smith, AR 72901
Retail Property For Sale


EXECUTIVE SUMMARY
All the heavy lifting has been done for 707-709 Rogers Avenue! With great amounts of foot-traffic from the Wyndham Hotel and Convention Center direction across the street, this space offers an impressive location in the Downtown Entertainment District. The property features 2,525 square feet of top-notch retail space, ready for any hospitality/entertainment business to step in. Redesigned with an emphasis on levels, the property features an impressive outdoor courtyard on both levels, as well as a balcony on the southwest side of the property overlooking Rogers Avenue. New concrete has been poured for the downstairs interior as well as the outdoor courtyard. The property features brand new 400A 3-phase power, as well as new HVAC units on the roof. Sale price is $650,000. Lease price is $20 per square foot per year, plus NNN expenses. Owner is seeking 3-5 year lease. Owner will also consider an exchange. Neighboring 5,050 square foot space also available. Neighboring tenants include the Fort Smith Convention Center, Wyndham Hotel, The Bakery District, Courtyard by Marriott, the Arkansas Department of Human Services, First National Bank of Fort Smith HQ, Sebastian County Courthouse, & the ArcBest Performing Arts Center.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,525 SF
Building Class
C
Year Built
1900
Price
$650,000
Price Per SF
$257.43
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.97
Lot Size
0.06 AC
Opportunity Zone
Yes
Frontage
34’ on Rogers Ave
PROPERTY TAXES
| Parcel Number | 16477-0005-00502-01 | Improvements Assessment | $19,492 |
| Land Assessment | $3,400 | Total Assessment | $22,892 |
PROPERTY TAXES
Parcel Number
16477-0005-00502-01
Land Assessment
$3,400
Improvements Assessment
$19,492
Total Assessment
$22,892
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