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1060 1st Ave NE

25,211 SF 100% Leased Retail Building Gravette, AR 72736 £1,330,165 (£53/SF)

Executive Summary

Excellent warehouse/office/manufacturing space with potential rental income on 2.12 acres in growing Gravette! 12,000 climate-controlled warehouse is divided into a lobby, restrooms, offices, kitchenette, storage rooms, & large open display floor. 1 overhead door w/ loading dock & 1 overhead door. 9,700 sq ft open warehouse with 2 restrooms, 1 overhead door w/ loading dock & 1 overhead door. 1,697 sq ft 4-car garage connected by breezeway. 2nd floor 1,697 apartment features living, kitchen, 2 bedrooms, 1 bath, and laundry. Newer TPO roofs and 4 newer furnaces.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Convenience Store
Building Size
25,211 SF
Building Class
B
Year Built
1995
Price
£1,330,165
Price Per SF
£53
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Loading Docks
2 Exterior
Building FAR
0.55
Lot Size
1.06 AC
Zoning
Commercial
Parking
27 Spaces (1.07 Spaces per 1,000 SF Leased)
Frontage
309 ft on 1st Ave NE

Amenities

  • Corner Lot

Nearby Major Retailers

Harps Food
Arvest Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 11-00406-000
  • 11-00404-000
Land Assessment
£9,026
Improvements Assessment
£135,972
Total Assessment
£144,998
  • Listing ID: 30856912

  • Date on Market: 02/02/2024

  • Last Updated:

  • Address: 1060 1st Ave NE, Gravette, AR 72736

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