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82 Armstrong St 5,696 SF Retail Building Eureka Springs, AR 72632 $1,600,000 ($280.90/SF) 9.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime location of the property in Historical Eureka Spring with dedicated local customers! 2 rooms above the restaurant with AirBnB potential!
- Beckoning atmosphere!
- Excellent food and brand merchandising with an experienced engaging staff!
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,696 SF
Building Class
B
Year Built
1900
Price
$1,600,000
Price Per SF
$280.90
Cap Rate
9.75%
NOI
$156,000
Tenancy
Single
Building Height
2 Stories
Building FAR
0.28
Lot Size
0.47 AC
Zoning
C - Commercial
Parking
50 Spaces (8.78 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
- Corner Lot
- Restaurant
- Security System
- Storage Space
- Air Conditioning
- Balcony
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $306,730 | |
| Land Assessment | $24,250 | Total Assessment | $330,980 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$24,250
Improvements Assessment
$306,730
Total Assessment
$330,980
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82 Armstrong St
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