102 Church AveBerryville, AR 72616

Property Details for 102 Church Ave

Year built

1935

Property size (Sq ft)

3,028 SF

Property type

Turn key restaurants

APN

875-00054-000

APU

87500054000

Description

This exceptional investment opportunity presents two commercial spaces totaling 3,413 square feet situated on a 0.07-acre corner lot in the heart of historic Berryville, Arkansas. Built in 1935, the property boasts high visibility on the Berryville Square, offering significant potential for a variety of retail ventures. Currently configured as a survey office and a deli in one unit, and a former clothing/retail store in the other, this property offers flexibility for diverse business uses. The building's rich history adds to its unique charm and appeal. Each unit presents distinct possibilities for individual leasing or combined operation. The seller is open to considering the sale of the vacant clothing store unit separately from the combined deli and survey office space, providing added flexibility for potential buyers. This property presents a rare chance to acquire a piece of Berryville's heritage and capitalize on its prime location within the historic square. The address is 102 & 104 Church Street, Berryville, AR 72616. The asking price for the entire property is $150,000.

• CAP approach

  CAP return

  Valuation

  6%

  $388,016

  6.5%

  $358,168

  7%

  $332,585

• Comparable approach

  Method

  Valuation

  Relative Method

  $545,814

  Geo Method

  $545,814

• Alternative Use

  Use

  Valuation

  Residential

  $302,128

  Hospitality

  $276,748

  Educational

  $230,251

  Medical

  $238,170

  Retail

  $358,168

Location Insight

City

Berryville

County

Carroll

State

Arkansas

Latitude

36.365

Longitude

-93.5682

Property Tax & Assessments

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