For Sale
$995,000

694 Hwy 62/412 Salem, AR 72576

High-traffic shopping center, 24,000+ sq ft.

Property Records

Overview

Added:
Feb 3
Days on market:
85
This exceptional commercial property presents a compelling investment opportunity in Salem, AR. Located at 694 Hwy 62/412 East, this prime shopping center boasts over 24,000 square feet of leasable space, divided into seven individual units, generating a diverse rental income stream. The property sits on approximately 9.59 acres of land, providing ample space for future expansion and development, catering to the increasing demand for commercial space in the area. A substantial parking lot ensures convenient access for tenants and customers alike. Benefitting from excellent highway frontage, this shopping center enjoys high visibility and significant traffic exposure, making it an ideal location for businesses seeking to maximize customer reach and sales. The property's strategic location and substantial size make it a rare find in the market, offering significant potential for future growth and increased returns. This is a chance to acquire a well-established, high-performing commercial property with considerable upside. The property is priced at $995,000.

Property Details for 694 Hwy 62/412

Property type
Commercial real estate
Lot Size (sq. ft)
417,740 SF

Location Insight

City
Salem
County
Fulton
State
Arkansas
Latitude
36.3597
Longitude
-91.8337

FAQs

What type of property is this?
Commercial real estate - High-traffic shopping center, 24,000+ sq ft.
Where is the commercial real estate located?
The property is located at 694 Hwy 62/412 Salem, AR.
What is the asking price?
The asking price for this property is $995,000.
How can I contact the broker?
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694 Hwy 62/412
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