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711 S Mt. Olive Street Siloam Springs, AR $ 385,000
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711 S Mt. Olive Street
$ 385,000
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711 S Mt. Olive Street

Siloam Springs, AR, 72761
$ 385,000
Baths0.0 Sq 1,625

Monthly Estimate*

$ 2,689

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Studio

Commercial Property for sale in Siloam Springs, AR

for $385,000. This 1,625 square foot building was built on a lot size of 0.17.

Fully leased, value add office building nestled off Mt. Olive St in Siloam Springs, AR for sale! This +/- 1,625 SF property offers two suites that are currently occupied by long term tenants. These tenants are on a modified gross lease however a restructure to NNN could easily turn this property into a true 8% cap. Featuring expansive windows that flood the interior with natural light, welcoming reception areas, generously sized offices, and three restrooms, one of which features a shower, this property is designed to impress. Situated along Mt. Olive St, with a traffic flow of approx. 5,600 VPD, and merely half a mile from Hwy 412, granting seamless connectivity to the broader NWA region. Don't miss out on this lucrative investment opportunity!

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Commercial Active

Price

$ 385,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 437

Style

Office

Lot Size

0.17

Town/City

Siloam Springs

County/Region

Benton

MLS | Web ID

1275069
Features
General
Interior Features None
Sewer PublicSewer
Heating Central
Cooling CentralAir
Utilities ElectricityAvailable SewerAvailable WaterAvailable
Roof Metal
Appliances NoHotWater
Zoning N
Construction Materials Brick Other SeeRemarks
Property SubType Office
Current Use Office
County Benton
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Possible Use MedicalDental Office Other Retail
Garage Y/N N
Building Features NotApplicable
Status Active
Directions Heading West on US-412 W turn right onto S Mt Olive St. in 0.4 miles the property will be the grey building on the right.
City Siloam Springs
View Y/N N
Senior Community Y/N N
Zoning Description Commercial
Total Units 2
Waterfront Y/N N
Carport Y/N N
Street Name Mt. Olive
Property Attached Y/N N
Year Built Details 25 Years or older
Land Lease Y/N N
Tax Annual Amount 437.0
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/711-S-Mt-Olive-Street-Siloam-Springs-AR-72761/unbranded
Days on Market 0
Standard Status Active
Tax Lot UNIT 2 ON PT
Property Sub Type Additional Office
Legal Description AKA PROFESSIONAL CENTER HORIZONTAL PROPERTY REGIME MASTER DEED 603-30-40 UNIT 2 ON PT LOT 4 HOME ADDITION SILOAM SPRINGS
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Interior
Basement None
Flooring Carpet CeramicTile Laminate
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Electric On Property Y/N N
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Exterior
Parking Features ParkingLot
Lot Features CentralBusinessDistrict CityLot
Water Source Public
Total Parking 6.0
Lot Size Area 0.17
Foundation Details Slab
Spa N
Building Area Total 1625.0
Lot Size Acres 0.17
Lot Size Units Acres
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 1 711
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* Excluded Features
List By
Keller Williams Market Pro Realty Bentonville West

Broker

info@SalmonsenGroup.com

Email

Affordability Calculator

$2,726
Per Month
99%
1%
0%
Monthly Principal & Interest
$2,689
Monthly Property Taxes
$36
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/3/2024$385,000 Listed Price

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711 S Mt. Olive Street, Siloam Springs, AR, 72761 is a Commercial Property for sale at $385,000 with 1,625 sqft and a lot size of 0.17. 711 S Mt. Olive Street is a studio with 0.0 baths. The property's zip code is 72761 which is in Siloam Springs, AR

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