For Sale
$390,000

101 IllinoisCaraway, AR 72419

Grocery Store, Duplex, High-Traffic Location

Overview

Added:
Feb 3
Days on market:
62
This exceptional mixed-use property presents a unique investment opportunity in the thriving town of Caraway, Arkansas. The offering encompasses a substantial 8,700-square-foot former grocery store building situated on a sizable 0.45-acre lot. The building is well-equipped, retaining existing shelving units and several freezers and coolers, providing a solid foundation for a variety of commercial ventures. The property's versatility extends beyond the main building, incorporating a conveniently located duplex. This duplex features two separate 1-bedroom, 1-bathroom units, ideal for rental income generation or owner occupancy. The duplex's prime corner lot location enhances its visibility and accessibility. The property's strategic location within Caraway ensures high traffic volume and excellent exposure, making it an attractive proposition for both established businesses and ambitious entrepreneurs. The asking price of $390,000 represents a compelling value for this substantial mixed-use property, offering a blend of commercial and residential income potential. This is a rare opportunity to acquire a well-positioned property with significant upside potential in a growing community. The existing infrastructure within the grocery store building, coupled with the income-generating potential of the duplex, makes this an attractive investment for those seeking a diversified portfolio. Don't miss this chance to secure a prime piece of Caraway real estate.

Property Details for 101 Illinois

Property type
Mixed-use properties
Square Feet
8,700 SF
Lot Size (sq. ft)
19,602 SF

Location Insight

City
Caraway
County
Craighead
State
Arkansas
Latitude
35.75906
Longitude
-90.32238
101 Illinois, Caraway, Arkansas

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101 Illinois
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