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The Farmer's Daughter 223 W Main St

4,224 SF Vacant Retail Building Mountain View, AR 72560 $569,900 ($135/SF)

Investment Highlights

  • Popular Downtown Shopping Destination
  • Multi-Use Flex Space with Easy Walking distance to Downtown
  • Large Open Layout with Additional 1 bed 1 Bath Efficiency Short Term Rental

Executive Summary

STOP in your TRACKS! This Prime Location located right on the Courthouse Square features a Turn Key Retail Space that is ready for New Owners and that could be YOU! Have you been dreaming of owning a business? Includes a 1 bed 1 bath Efficiency Apartment or Nightly Rental in a prime location with easy walkability to the Square, Lots of Shopping, and the Pickin' Park. With purchase, you will acquire the full Flea Market setup. The buildout is already complete, booth spaces are full and profitable each month and neatly maintained with a waiting list of other potential vendors. Private parking in the back of the building and located right next to Public Parking make this a dream location. The 1 bed 1 bath Nightly Rental currently has multiple bookings on file and guests always comment that the proximity to everything is perfect. You have options- Live in the back, own and operate the business in the front, or Rent out both spaces and collect income from everything. Call today to make this one yours!

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income $66,300 $15.70
Other Income - -
Vacancy Loss - -
Effective Gross Income $66,300 $15.70
Taxes $3,000 $0.71
Operating Expenses $33,000 $7.81
Total Expenses $36,000 $8.52
Net Operating Income $30,300 $7.17

Financial Summary (Actual - 2023)

Gross Rental Income
Annual $66,300
Annual Per SF $15.70
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $66,300
Annual Per SF $15.70
Taxes
Annual $3,000
Annual Per SF $0.71
Operating Expenses
Annual $33,000
Annual Per SF $7.81
Total Expenses
Annual $36,000
Annual Per SF $8.52
Net Operating Income
Annual $30,300
Annual Per SF $7.17

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Storefront
Building Size
4,224 SF
Year Built/Renovated
1955/2014
Price
$569,900
Price Per SF
$135
Business Value
$569,900
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.44
Land Acres
0.22 AC
Zoning
Commercial - Commercial
Parking
5 Spaces (1.18 Spaces per 1,000 SF Leased)
Frontage
100 FT on Main Street

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Farmers Daughter Flea Market
  • -
  • 4,224 SF
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Farmers Daughter Flea Market - 4,224 SF - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
720-00015-000C
Land Assessment
$6,710 (2024)
Improvements Assessment
$26,140 (2024)
Total Assessment
$32,850 (2024)
Annual Taxes
$3,000 ($0.71/SF)
Tax Year
2023
  • Listing ID: 31159697

  • Date on Market: 3/8/2024

  • Last Updated:

  • Address: 223 W Main St, Mountain View, AR 72560

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