2301 56Th StFort Smith, AR 72903

  • Strip malls
  • 24,812 SF
For Lease
$10/SF/YR View listing

Property Details for 2301 56Th St

Lot size
2.05 AC
Property size (Sq ft)
24,812 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
11669-0013-00002-00
APU
1166900130000200

Description

This exceptional investment opportunity presents two single-story commercial buildings totaling 7,236 square feet, situated at 2301 & 2414 S 56th Street in Fort Smith, Arkansas. The property, zoned C-5, comprises three suites across two buildings, offering flexibility for various uses. Currently, 3,000 square feet are vacant, presenting immediate potential for lease income. Built in 1995, the buildings boast a Class C rating and feature a desirable 10-foot ceiling height. The location is highly advantageous, situated in an established retail corridor just off Rogers Avenue, near popular businesses such as Calico County and Middle Earth Pet Shop. The property's address is 2301 & 2414 S 56th Street, Fort Smith, AR 72903, with cross streets of S 56th & 56th Street. The property includes two buildings, each one story, and is situated in Sebastian County (APN: 11669-0013-00002-00). The property type is classified as Retail, Office, and Special Purpose, with subtypes including Creative Office, Executive Office, and Medical Office, making it suitable for a diverse range of tenants. This multi-tenant property offers a strong foundation for immediate income generation and long-term growth. The convenient location and versatile space make this an attractive investment for savvy buyers seeking a foothold in a thriving Fort Smith market.

2301 56Th St, Fort Smith, Arkansas

Location Insight

City
Fort Smith
County
Sebastian
State
Arkansas
Latitude
35.3604
Longitude
-94.3705
CBSA code
22900
CBSA name
FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$15,417
$89,300
$204,360
$293,660
-
$446,500
$1,021,800
$1,468,300

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