1904 College AveFayetteville, AR 72703

Property Details for 1904 College Ave

Lot size

0.07 AC

Property type

Land

Property subtype

Commercial land

APN

765-13495-001

APU

76513495001

Description

This exceptional Fayetteville investment property boasts a prime College Avenue location, offering high visibility and strong traffic flow. The main structure is a 2,700 square foot retail building, perfectly suited for a variety of commercial uses. Its recent meticulous remodel incorporated modern electrical, plumbing, and HVAC systems, while thoughtfully preserving its historic charm. Adding significant value is a delightful 2-bedroom stone cottage situated on the same 1.12-acre lot. Currently operating as a highly successful short-term rental, this charming cottage provides a consistent income stream. The combined property offers a total of 3,674 square feet of space, presenting a unique blend of commercial and residential income potential. This is a rare opportunity to acquire a meticulously maintained, historically significant property in a high-demand location. The property's strong location and diverse income streams make it an attractive investment for discerning buyers seeking a blend of commercial and residential income. The modern systems ensure efficient operation and low maintenance costs, maximizing return on investment. This turnkey property is ready for immediate occupancy and income generation. The asking price is $1,200,000.

• Alternative Use

  Use

  Valuation

  Residential

  $308,614

  Hospitality

  $282,689

  Educational

  $235,194

  Medical

  $243,282

  Retail

  $365,857

Location Insight

City

Fayetteville

County

Washington

State

Arkansas

Latitude

36.0872

Longitude

-94.1542

CBSA code

22220

CBSA name

FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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