47
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$565,000
Est. payment /mo
7,400 SqFt
Active
20 Town Square ST Greenwood, AR 72936
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,400 sqft
Price per Sqft $76
MLS Listing ID 1090188
HOA Y/N No
Year Built 1969
Property Sub-Type Other
Property Description
Highly Desirable Income-Producing Commercial Property in Greenwood's Old Town Square
Take advantage of this exceptional investment opportunity in the heart of Greenwood. This approximately 7,400-square-foot commercial building features four separate entrances and is currently 75% leased, with the owner occupying the remaining 25%—offering immediate rental income and future income potential.
The main storefront facing the square welcomes visitors with a spacious foyer and includes three additional rooms currently used for massage therapy. The building's largest suite features a charming coffee and tea café, a full kitchen, and ample storage space.
The second suite offers a large reception/living area with three additional rooms, presently configured for tanning services, along with storage.
The third suite includes a welcoming foyer, three massage therapy rooms, and additional storage, making it ideal for wellness services.
The fourth suite is home to a fitness/workout center and includes an office and private restroom.
Shared amenities include common restrooms, hallways, and additional storage areas, providing convenience for both tenants and customers.
With a 7.43% cap rate and the opportunity to lease the owner-occupied space or reconfigure for additional tenants, this property offers strong cash flow with excellent upside potential. Whether you're expanding your investment portfolio or seeking a prime mixed-use commercial property, this is an opportunity you won't want to miss. Trade fixtures and furniture do not convey.
Take advantage of this exceptional investment opportunity in the heart of Greenwood. This approximately 7,400-square-foot commercial building features four separate entrances and is currently 75% leased, with the owner occupying the remaining 25%—offering immediate rental income and future income potential.
The main storefront facing the square welcomes visitors with a spacious foyer and includes three additional rooms currently used for massage therapy. The building's largest suite features a charming coffee and tea café, a full kitchen, and ample storage space.
The second suite offers a large reception/living area with three additional rooms, presently configured for tanning services, along with storage.
The third suite includes a welcoming foyer, three massage therapy rooms, and additional storage, making it ideal for wellness services.
The fourth suite is home to a fitness/workout center and includes an office and private restroom.
Shared amenities include common restrooms, hallways, and additional storage areas, providing convenience for both tenants and customers.
With a 7.43% cap rate and the opportunity to lease the owner-occupied space or reconfigure for additional tenants, this property offers strong cash flow with excellent upside potential. Whether you're expanding your investment portfolio or seeking a prime mixed-use commercial property, this is an opportunity you won't want to miss. Trade fixtures and furniture do not convey.
Location
State AR
County Sebastian
Interior
Heating Central, Gas
Cooling Central Air
Flooring Carpet, Ceramic Tile, Laminate, Vinyl
Fireplace No
Appliance Electric Water Heater, Gas Water Heater
Exterior
Parking Features Parking Lot, On Street
Utilities Available Electricity Available, Natural Gas Available
Building
Lot Description City Lot
Foundation Slab
Others
Tax ID 63660-0012-00003-01
Security Features Fire Alarm,Smoke Detector(s)
Special Listing Condition None
Virtual Tour https://my.matterport.com/show/?m=bbe9gmueMnQ
Listed by McGraw REALTORS
