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514 Mount Olive Street

Siloam Springs, AR 72761
  • $410,000
  • STATUS: Active
  • ON SITE: 27 Days
  • MLS #: 1260433
UPDATED: 34 min ago
$410,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,250
    SQFT
  • $182
    $/SQFT
Type:
Commercial
Built:
1940
County:
Area:

School Ratings & Info

Description

Amazing investment opportunity in Siloam Springs. The location can't be beat, it is a stones throw from Memorial park, The Hub, the new library and a 5 minute walk to the fully revitalized downtown Siloam Springs. The numbers work for this investment so it should sell fast. Up to 8 units or combine space for larger rental offerings. So many available uses for this property you can set it up to suit your needs. Commercial zoning in the Historic District allows you enjoy maximum flexibility of use. Use as office space, retail store front, residential, set up AirBnBs in the main building. There is a detached shop area that is 2250 square feet with 4 overhead doors and a bathroom. The shop is also set up with electric. The shop can be split into 3 separate units or combined for one massive commercial spot in the middle of Siloam Springs. Mt Olive is one of the most high traffic North to South streets in Siloam so visibility is great at this location. There is existing signage you can utilize to amplify your presence.

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© 2023 Northwest Arkansas Board of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sapphire Realty | Realty + Design Co.. Data last updated: 2023-12-07T08:26:20.87.
www.sapphirerealtynwa.com/homes/145152361
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514 Mount Olive Street Siloam Springs, AR 72761

  • Price: $410,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 34 min ago
  • MLS #: 1260433
0
Beds
0
Baths
0
½ Baths
0.28
Acres
2,250
SQFT
$182
$/SQFT
1940
Built
County:
Benton
Area:
Benton
Property Description
Amazing investment opportunity in Siloam Springs. The location can't be beat, it is a stones throw from Memorial park, The Hub, the new library and a 5 minute walk to the fully revitalized downtown Siloam Springs. The numbers work for this investment so it should sell fast. Up to 8 units or combine space for larger rental offerings. So many available uses for this property you can set it up to suit your needs. Commercial zoning in the Historic District allows you enjoy maximum flexibility of use. Use as office space, retail store front, residential, set up AirBnBs in the main building. There is a detached shop area that is 2250 square feet with 4 overhead doors and a bathroom. The shop is also set up with electric. The shop can be split into 3 separate units or combined for one massive commercial spot in the middle of Siloam Springs. Mt Olive is one of the most high traffic North to South streets in Siloam so visibility is great at this location. There is existing signage you can utilize to amplify your presence.
Exterior Features

Attached Garage YN No Frontage Length 150' Garage YN Yes Lot Features Central Business District Corner Lot City Lot Parking Features Detached Garage Parking Lot RVAccess Parking Road Frontage Type Main Thoroughfare Roof Architectural Shingle

Interior Features

Appliances Gas Water Heater Basement None Crawl Space Basement YN No Cooling Central Air Electric Cooling YN Yes Flooring Laminate Vinyl Wood Foundation Details Crawlspace Heating Central Gas Heating YN Yes

Property Features

Business Type Bed Breakfast Community Features Trails Paths Current Use Mixed Use New Construction YN No Possible Use Automotive Office Placeof Worship Retail Property Sub Type Other Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 1951 Utilities Cable Available Electricity Available Natural Gas Available High Speed Internet Available Phone Available Sewer Available Water Available Water Source Public Year Built Details 25 Years or older Zoning Description Commercial

Listing provided by Homequest Realty: 479-250-3105.


© 2023 Northwest Arkansas Board of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sapphire Realty | Realty + Design Co.. Data last updated: 2023-12-07T08:26:20.87.
 
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Sapphire Realty | Realty + Design Co.
609 SW 8th St Ste 636
Bentonville AR, 72712