711 S Mount Olive Street
Siloam Springs, AR 72761
MLS#: 1353511
$264,000
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1984
Sq.Footage
1,600
Investment opportunity in the heart of Siloam Springs! This +/- 1,625 SF office building is tucked just off Mt. Olive St and offers two office suites, one currently occupied by long-term tenants. The second suite has prospective tenant interest, providing potential for increased occupancy after closing. Currently operating under a modified gross lease, the property offers the possibility of restructuring to NNN for improved returns. Features include large windows providing abundant natural light, welcoming reception areas, spacious offices, and three restrooms, including one with a shower. Located on Mt. Olive St with approximately 5,600 vehicles per day and just 0.5 miles from Hwy 412, this property offers excellent accessibility and visibility within the growing Northwest Arkansas market. Recent improvements include a new roof. Ideal for investors or owner-users seeking income potential and a prime location.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Natural Gas, Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick, Frame
-
Parking
Parking Lot
-
Pool
No
Area & Lot
-
Lot Features
City Lot
-
Lot Size(acres)
0.41
-
Property Type
Commercial Sale
-
Property Sub Type
Office
Price
-
Sales Price
$264,000
-
Tax Amount
$696
-
Sq. Footage
1, 600
-
Price/SqFt
$165
HOA
-
Association
N/A
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Tax Lot
0
-
Water Source
Public
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Location
County
Benton
Elementary School
Middle School
High School
Listing Courtesy of Cammi Hevener , Keller Williams Market Pro Realty - Siloam Springs
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Sonia Davis
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