923 Hickory St Texarkana, AR 71854

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.