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1,584 SF Bank/Office/Med Building @ Hilltop 5205 E Johnson Ave

1,584 SF Retail Building Jonesboro, AR 72401 £438,172 (£277/SF)

Investment Highlights

  • Former Arvest Bank Branch
  • Exposure to Over 23,000 Cars Per Day
  • Bank Deed Restriction Has Expired - GREAT Opportunity for a Bank Location @ Hilltop
  • Excellent Curb Appeal & Visibility to Highway 49 North
  • Within Minutes to NEA Baptist Hospital Campus
  • Building is Available FOR LEASE & FOR SALE

Executive Summary

Formerly the home of an Arvest Bank branch, this 1,584 SF building would be ideal for any user needing office or retail space in the hilltop area of northern Jonesboro, Arkansas. The building, sitting on an approx. 0.51 AC corner lot of E. Johnson Ave. & Oriole Dr., has excellent curb appeal & exposure to approx. 23,000 cars per day.
The former bank branch has several interior offices, lobby/reception area, large work area, & a restroom. This could be a great opportunity to convert the use to a class A office, medical space, or a banking facility.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
1,584 SF
Building Class
C
Year Built
2015
Price
£438,172
Price Per SF
£277
Tenancy
Single
Number of Floors
1
Building FAR
0.07
Lot Size
0.51 AC
Zoning
C-4 LUO
Frontage
166 ft on E. Johnson Ave.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-144111-05700
Land Assessment
£16,360
Improvements Assessment
£75,384
Total Assessment
£91,745
  • Listing ID: 30366941

  • Date on Market: 14/12/2023

  • Last Updated:

  • Address: 5205 E Johnson Ave, Jonesboro, AR 72401

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