1723 Chestnut AveFayetteville, AR 72703

This exceptional commercial property, located at 1723 N Chestnut Avenue in Fayetteville, Arkansas, presents a unique investment opportunity. The 4,300 square foot building sits on a 0.6-acre lot and offers four distinct office suites, ideal for a variety of uses. Two ground floor units boast large windows and open floor plans, while the two upper-level units feature impressive 14-foot ceilings, large windows, and spacious balconies. The property's C2 zoning allows for flexibility in usage, including long-term rentals, individual unit sales, or other commercial applications. Its strategic location near the Razorback Greenway and the University of Arkansas provides excellent visibility and accessibility. This property's potential is further enhanced by the possibility of acquiring an adjacent 0.23-acre developable lot (MLS #1287662), which could accommodate up to four additional units, significantly increasing the overall return on investment. This combined acquisition presents a compelling opportunity to develop a substantial commercial or multi-family complex in a rapidly growing area of Fayetteville. The property is also listed as multi-family, offering further versatility. The asking price for this property is $1,150,000. Additional information is available via MLS #1288968.