For Sale
$325,000

923 Hickory StTexarkana, AR 71854

6,260 SF Office Building, Great Potential

Overview

Added:
Dec 11, 2024
Days on market:
116
This 6,260 square foot Class C office building in Texarkana, Arkansas, is situated on a 0.407-acre lot and is currently 37% occupied. The property, located at 923 Hickory St, 71854, boasts excellent visibility from Hickory Street, US 82, and US 71, offering significant advantages for businesses. The building is divided into four separate suites, each featuring multiple individual offices, providing flexibility for various tenants. Recent renovations include new vinyl flooring, fresh paint, and remodeled bathrooms. The gross lease structure offers a straightforward approach to property management. The asking price is $325,000, representing a price per square foot of $51.92 and a land value of $15.30 per square foot. The property's strategic location near the developing downtown area, Arkansas High School, and various amenities such as Family Dollar, Jefferson Park, McDonald's, and a convenience store, enhances its appeal and potential for increased occupancy. A virtual 3D tour is available online. The seller is motivated, with the current listing price significantly below the recent tax appraisal. This presents a compelling investment opportunity with substantial income potential. The property is suitable for creative, medical, or traditional office uses.

Highlights

  • 6,260 SF Class C office building on a 0.407-acre lot in Texarkana, AR.
  • Four separate suites, each with multiple offices, offering multi-tenant flexibility.
  • High income potential.
  • Excellent investment opportunity; Motivated seller, priced $48,000 below recent tax appraisal.
  • Located at 923 Hickory St, Texarkana, AR 71854, with high visibility from major roadways.

Property Details for 923 Hickory St

Property type
Office properties, Medical offices
Square Feet
6,260 SF
Class
C
Lot Size (sq. ft)
17,729 SF

Location Insight

City
Texarkana
County
Miller
State
Arkansas
Latitude
33.431599321495
Longitude
-94.036385967893
923 Hickory St, Texarkana, Arkansas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
923 Hickory St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message