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The Savage Building 155 N Broadway Ave

1,944 SF Retail Building Booneville, AR 72927 $75,000 ($39/SF)

Investment Highlights

  • Average daily traffic count of 3,000+
  • Walking distance to retail and dining
  • Downtown location

Executive Summary

FOR SALE OR LEASE! The Savage Building is ready to welcome YOUR business to historic downtown Booneville! Recent upgrades to the building's structure and mechanicals include floor joists and subfloor in the back room, PEX water supply lines, HVAC ducting, and a gas line. With an average daily traffic count of over 3,000 vehicles, the downtown district welcomes local residents as well as thousands of annual visitors traveling to nearby Mount Magazine State Park and Lodge, Blue Mountain Lake, Lake Ouachita, and the Ouachita National Forest. Restaurants, retail, and artisan stores are within walking distance of this location and the building is a half block from Broadway Memorial Park; a venue for outdoor concerts and other community-wide events. Booneville is a vibrant community of over 4,000 people with a variety of employers and amenities including K-12 public schools, a Boys & Girls Club, municipal airport, 18-hole golf course, Rockline Industries, a USDA Research Center, Mercy Hospital and Emergency Room, Walmart Supercenter, Tractor Supply Co., Dollar General, Dollar Tree, several chain restaurants, and popular local restaurants such as Black Dog and Reid's Barbecue. Bring your business to downtown Booneville, Arkansas and grow with us!

Taxes & Operating Expenses (Actual - 2023)

Annual Annual Per SF
Taxes $498 $0.26
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2023)

Taxes
Annual $498
Annual Per SF $0.26
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $498
Annual Per SF $0.26

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
1,944 SF
Building Class
C
Year Built
1920
Price
$75,000
Price Per SF
$39
Tenancy
Single
Building Height
1 Story
Building FAR
0.55
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial
Frontage
25 FT on North Broadway Avenue

Amenities

  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Air Conditioning
  • Fiber Optic Internet

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
800-01011-000
Land Assessment
$1,750 (2024)
Improvements Assessment
$7,920 (2024)
Total Assessment
$9,670 (2024)
Annual Taxes
$498 ($0.26/SF)
Tax Year
2023 Payable 2024
  • Listing ID: 32970438

  • Date on Market: 8/27/2024

  • Last Updated:

  • Address: 155 N Broadway Ave, Booneville, AR 72927

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