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    101 & 113 Parkwood Street

    Lowell, AR 72745
    • $1,025,000
    • STATUS: Active
    • ON SITE: 45 days
    • MLS #: 1155150
    UPDATED: 65 min ago
    $1,025,000
    • 0
      BEDS
    • 0.48
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,955
      SQFT
    • $114
      $/SQFT
    Type:
    Commercial
    Built:
    1997
    County:
    Area:

    School Ratings & Info

    Description

    2 Modern office buildings with 10 separate units. Great investment opportunity for any business needing office space and tired of renting--Use the office that fits your needs and create income from leasing the other units. Centrally located just off exit 78---- easy access to I-49. Offices in Parkwood 101 range from 168-1300 SQ/FT - 4 of 6 offices are currently leased with unit F occupied by the property manager. The Parkwood 113 offices range from 660-1700 SQ/FT - 3 of 4 offices are currently leased. Photos are from currently vacant office spaces and property managers office- Similar finishes in the tenant occupied offices. Parkwood 113 has new permanent roof coating applied June 2109 10Yr transferrable Warranty. Fully occupied rental income for both buildings is $10,140/Month or $121,680/Year. Sale of both buildings is preferred as irrigation, signage and trash for both buildings is combined. Separate sale of buildings may need city approval. Parkwood 101 MLS#1155142 & Parkwood 113 MLS# 1155148.

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    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. Data is deemed reliable but is not guaranteed accurate by Arkansas Regional MLS or Annette Gore Team | RE/MAX Real Estate Results.
    www.annettegoreteam.com/homes/108681181
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    101 & 113 Parkwood Street Lowell, AR 72745

    • Price: $1,025,000
    • Status: Active
    • Updated: 65 min ago
    • MLS #: 1155150
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.48
    Acres
    8,955
    SQFT
    $114
    $/SQFT
    1997
    Built
    County:
    Benton
    Area:
    Benton
    Property Description
    2 Modern office buildings with 10 separate units. Great investment opportunity for any business needing office space and tired of renting--Use the office that fits your needs and create income from leasing the other units. Centrally located just off exit 78---- easy access to I-49. Offices in Parkwood 101 range from 168-1300 SQ/FT - 4 of 6 offices are currently leased with unit F occupied by the property manager. The Parkwood 113 offices range from 660-1700 SQ/FT - 3 of 4 offices are currently leased. Photos are from currently vacant office spaces and property managers office- Similar finishes in the tenant occupied offices. Parkwood 113 has new permanent roof coating applied June 2109 10Yr transferrable Warranty. Fully occupied rental income for both buildings is $10,140/Month or $121,680/Year. Sale of both buildings is preferred as irrigation, signage and trash for both buildings is combined. Separate sale of buildings may need city approval. Parkwood 101 MLS#1155142 & Parkwood 113 MLS# 1155148.
    Exterior Features

    Construction Materials Brick Lot Features Corner Lot Parking Features Parking Lot Parking Total 30

    Interior Features

    Appliances Gas Water Heater Basement YN No Cooling Central AirElectric Cooling YN Yes Flooring CarpetCeramic TileLaminate Foundation Details Slab Heating CentralGas Heating YN Yes

    Property Features

    Current Use Office Property Sub Type Office Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 4333 Utilities Electricity AvailableNatural Gas AvailableSewer AvailableWater Available Water Source Public Year Built Details Resale (Less Than 25 Years Old)

    Listing provided courtesy of Berkshire Hathaway Homeservices Solutions Real Est.
    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. Data is deemed reliable but is not guaranteed accurate by Arkansas Regional MLS or Annette Gore Team | RE/MAX Real Estate Results.
     
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    Annette Gore Team | RE/MAX Real Estate Results
    3103 SE Moberly Ln
    Bentonville AR, 72712