213-217 W Main Street
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213-217 W Main Street
2 Properties Offered at $330,900 in Heber Springs, AR
Investment Highlights
- Heavy daytime visibility on the heart of Main Street.
- SBA Designated HubZone Area, Perfect location for GOVCON Opportunities $$$$$.
- Completely renovated and overhauled in 2021.
- Additional unfinished space that can be leased for additional income.
Executive Summary
• 213 West Main Individual Sale Price: $230,900 - Move-In Ready (2,150 SF).
• 217 West Main Individual Sale Price: $109,900 - Currently Tenant Occupied & Cash Flowing (2,150 SF), room for rent increase.
• 213 West Main is 2,150 SF of Main Street Frontage Office Space with over 2,000 vehicle traffic count daily.
• Perfect setup with high Main Street visibility for a Law Firm, Insurance Firm, Small Business, or Small Medical or Dental Practice.
• Situated in a SBA designated HUBZone Area, GREAT set-aside status potential for Government Contracting opportunities $$$$$!
• Live/Work in Paradise! Conveniently located five minutes from the stunning & beautiful Greers Ferry Lake.
• This office building was the original project office for the US Army Corps of Engineers, Greers Ferry Dam Project Office in 1962.
• Renovated in 2021, no expense was spared when it was overhauled to include a new TPO Roof, gutters, trim, exterior awning, and exterior finishes over both 213 & 217 West Main. Two-thirds of the entire 213 West Main interior was stripped and renovated, with an entirely new modern architectural appeal with new electrical, HVAC, and plumbing.
• The back one-third of 213 West Main has been demoed and reserved for a tenant fit-out, storage space, or build-to-suit for a cash-flowing renter. The back unit of 213 West Main is currently vacant, has an independent HVAC unit, has it's own electrical meter, alleyway access door, or can be accessed through the main building.
• Additionally, for sale in combination or separate from this unit is 217 West Main Street, right next door. It is tenant occupied and cash flowing and can be purchased separately for $109,900.
• 213 & 217 West Main Street amounts to a combined 4,300 square feet of space that is available for sale, and can be purchased for a combination price of $330,900.
• 213 West Main Street can be leased annually for $9 SF/NNN.
• Additionally, 213 & 217 Main Street can be setup on a lease-option arrangement with seller financing and a down payment. Terms & Conditions Apply
• 217 West Main Individual Sale Price: $109,900 - Currently Tenant Occupied & Cash Flowing (2,150 SF), room for rent increase.
• 213 West Main is 2,150 SF of Main Street Frontage Office Space with over 2,000 vehicle traffic count daily.
• Perfect setup with high Main Street visibility for a Law Firm, Insurance Firm, Small Business, or Small Medical or Dental Practice.
• Situated in a SBA designated HUBZone Area, GREAT set-aside status potential for Government Contracting opportunities $$$$$!
• Live/Work in Paradise! Conveniently located five minutes from the stunning & beautiful Greers Ferry Lake.
• This office building was the original project office for the US Army Corps of Engineers, Greers Ferry Dam Project Office in 1962.
• Renovated in 2021, no expense was spared when it was overhauled to include a new TPO Roof, gutters, trim, exterior awning, and exterior finishes over both 213 & 217 West Main. Two-thirds of the entire 213 West Main interior was stripped and renovated, with an entirely new modern architectural appeal with new electrical, HVAC, and plumbing.
• The back one-third of 213 West Main has been demoed and reserved for a tenant fit-out, storage space, or build-to-suit for a cash-flowing renter. The back unit of 213 West Main is currently vacant, has an independent HVAC unit, has it's own electrical meter, alleyway access door, or can be accessed through the main building.
• Additionally, for sale in combination or separate from this unit is 217 West Main Street, right next door. It is tenant occupied and cash flowing and can be purchased separately for $109,900.
• 213 & 217 West Main Street amounts to a combined 4,300 square feet of space that is available for sale, and can be purchased for a combination price of $330,900.
• 213 West Main Street can be leased annually for $9 SF/NNN.
• Additionally, 213 & 217 Main Street can be setup on a lease-option arrangement with seller financing and a down payment. Terms & Conditions Apply
Taxes & Operating Expenses (Actual - 2023) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 217 W Main St, Heber Springs, AR 72543 | Retail | 2,150 SF | 1962 | $109,900 |
| 213 W Main St, Heber Springs, AR 72543 | Office | 2,150 SF | 1962 | $230,900 |
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213-217 W Main Street
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