115 University Street Siloam Springs, AR $ 900,000
115 University Street
$ 900,000
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115 University Street

Siloam Springs, AR, 72761
$ 900,000
Baths0.0 Sq 7,500

Monthly Estimate*

$ 5,982

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Studio

Commercial Property for sale in Siloam Springs, AR

for $900,000. This 7,500 square foot building was built in 1902 on a lot size of 0.14.

Nationally registered historic Connelly Herrington building. Originally built as a single family residence by one on the wealthiest people in Arkansas. One of the most desirable corners in all of Siloam Springs. It sits on the hill overlooking the fully revitalized vibrant downtown area. Across from 28 Springs, Roost restaurant, Broadway Cafe and so much more. Three parks within a 1/4 mile, Sager Creek and Sager Creek trail right outside the door. This home originally used as a single family res, then Siloam Springs Hospital, Chamber of Commerce, and the headquarters of DRC Developments. DRC was owned by Ron and Christina Drake, with the help of Gaylen Spresser they spearheaded the revitalization of downtown Siloam and were the force that made it happen. This building had a fire around 2012 that damaged part of the upstairs and the water damaged a lot of the rest of the building. At that time HVAC, cabinets, walls, electrical, plumbing was all updated.Three executive offices, 4 apartments and 1 AirBnB.

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Commercial Pending

Price

$ 900,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,812

Style

Mixed Use

Lot Size

0.14

Year Built

1902

Town/City

Siloam Springs

County/Region

Benton

MLS | Web ID

1234102

Features
Interior
Basement Full Finished
Flooring Wood
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Street
Electric On Property Y/N N
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General
Zoning N
Year Built 1902
Property SubType Other
Current Use MixedUse
Gross Income 60000.0
Community Features TrailsPaths
County Benton
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Pending
Directions corner of university and Broadway
City Siloam Springs
View Y/N N
Senior Community Y/N N
Lot Size Units Acres
Waterfront Y/N N
Carport Y/N N
Street Name University
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 4812.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://tour.nwarealtors.org/115-University-Street-Siloam-Springs-AR-72761/unbranded
Days on Market 27
Standard Status Pending
Tax Lot 3
Property Sub Type Additional Other
Legal Description S42' OF E64'OF LOT 3 E 64'OF L4 BLK 16 SILOAM SPGS ORIGINAL SILOAM SPRINGS
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Exterior
Lot Features CentralBusinessDistrict CornerLot CityLot
Lot Size Area 0.14
Spa N
Building Area Total 7500.0
Lot Size Acres 0.14
Road Frontage Type MainThoroughfare
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 115
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* Excluded Features
List By
Homequest Realty

Broker

mzaidner@hotmail.com

Email

Affordability Calculator

$6,383
Per Month
94%
6%
0%
Monthly Principal & Interest
$5,982
Monthly Property Taxes
$401
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1764983 Elementary School
1764794 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/25/2023$900,000 Listed Price

Map


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115 University Street, Siloam Springs, AR, 72761 is a Commercial Property for sale at $900,000 with 7,500 sqft and a lot size of 0.14. 115 University Street is a studio with 0.0 baths and was built in 1902. The property's zip code is 72761 which is in Siloam Springs, AR