7601 Terry StFort Smith, AR 72903

For Sale
$165,000
Historic District retail building & land. High-return investment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional commercial property presents a unique investment opportunity in Fort Smith, Arkansas. The offering includes a 2,292 square foot retail building situated on 0.41 acres of land, currently leased to a local tenant, within the historic district of Fort Chaffee. The asking price for this established business is $165,000, translating to a price per square foot of $71.99. This represents a strong potential return on investment given the existing lease. Furthermore, an adjoining 1.1-acre lot is also available for purchase, expanding the potential development or expansion opportunities significantly. The property's location in the historic district offers unique character and potential for growth. The existing building provides immediate income generation, while the additional land offers considerable future development potential. This combination of immediate income and long-term growth potential makes this a compelling investment opportunity in a desirable location. The property is located at 7601 Terry Street, Fort Smith, AR 72903, in Sebastian County. This is a rare chance to acquire a well-situated commercial property with both immediate income and significant future upside.

Highlights

  • $165,000 asking price for this retail property.
  • 2,292 square foot building on a 1.1-acre lot.
  • Located in Fort Smith, AR, in the Historic District of Fort Chaffee.
  • Currently leased to a local tenant.
  • Price per square foot is $71.99.

Property Details for 7601 Terry St

Property type
Retail properties, Land
Square Feet
2,292 SF
Lot Size (sq. ft)
47,916 SF

Location Insight

City
Fort Smith
County
Sebastian
State
Arkansas
Latitude
35.3447622
Longitude
-94.3667907
7601 Terry St, Fort Smith, Arkansas

FAQs

What type of property is this?
Retail property - Historic District retail building & land. High-return investment opportunity.
Where is the retail property located?
The property is located at 7601 Terry St Fort Smith, AR.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: $165,000 asking price for this retail property.; 2,292 square foot building on a 1.1-acre lot.; Located in Fort Smith, AR, in the Historic District of Fort Chaffee.
How can I contact the broker?
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7601 Terry St
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