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1140 N College Avenue

Fayetteville, AR 72703
  • $900,000
  • STATUS: Pending
  • ON SITE: 115 Days
  • MLS #: 1189000
Pending
UPDATED: 10 min ago
$900,000
  • 0
    BEDS
  • 0.64
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,951
    SQFT
  • $82
    $/SQFT
Type:
Commercial
Built:
1950
County:
Area:

School Ratings & Info

Description

Prime redevelopment opportunity on College Ave/ 71B across from two major medical centers. Parcel is zoned CS and can be redeveloped at up to five stories. Streetscape improvements coming soon in phase 1 of the 71B Improvement Plan. Existing use is 1950's motor lodge renovated into multi-family housing and a restaurant space. 3 buildings comprised of: 23 - Single Room Multi-Family Units and 1 - 1 Bedroom Multi-Family Units, 9 of which are occupied.1 - Restaurant Unit - leased to Cafe Rue Orleans. Note that the HVAC unit serving the restaurant is the property of the tenant and does not convey.Property is offered "As Is, No Repairs".

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© 2021 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 NWA House Hunters | RE/MAX Real Estate Results. Data last updated: 2021-10-18T07:25:47.527.
www.nwahousehunters.com/homes/118695406
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1140 N College Avenue Fayetteville, AR 72703

  • Price: $900,000
  • Status: Pending
  • Updated: 10 min ago
  • MLS #: 1189000
0
Beds
0
Baths
0
½ Baths
0.64
Acres
10,951
SQFT
$82
$/SQFT
1950
Built
County:
Washington
Area:
Washington
Property Description
Prime redevelopment opportunity on College Ave/ 71B across from two major medical centers. Parcel is zoned CS and can be redeveloped at up to five stories. Streetscape improvements coming soon in phase 1 of the 71B Improvement Plan. Existing use is 1950's motor lodge renovated into multi-family housing and a restaurant space. 3 buildings comprised of: 23 - Single Room Multi-Family Units and 1 - 1 Bedroom Multi-Family Units, 9 of which are occupied.1 - Restaurant Unit - leased to Cafe Rue Orleans. Note that the HVAC unit serving the restaurant is the property of the tenant and does not convey.Property is offered "As Is, No Repairs".
Exterior Features

Frontage Length 200' Lot Features Central Business DistrictCity LotOtherSee Remarks Lot Size Dimensions 200' X 131.5' Parking Features Parking Lot Road Frontage Type Main Thoroughfare Roof AsphaltShingle

Interior Features

Basement YN No Foundation Details Slab

Property Features

New Construction YN No Possible Use Hotel/MotelRestaurant Property Sub Type Hotel/Motel Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 3968 Utilities Cable AvailableElectricity AvailableNatural Gas AvailableSewer AvailableWater Available Water Source Public Year Built Details 25 Years Or Older Zoning Description Commercial

Listing provided courtesy of Keller Williams Market Pro Realty.


© 2021 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 NWA House Hunters | RE/MAX Real Estate Results. Data last updated: 2021-10-18T07:25:47.527.
 
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