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113 Parkwood Street Lowell, AR $ 990,000
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$ 990,000 Get more info
113 Parkwood Street
$ 990,000
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Share Save

113 Parkwood Street

Lowell, AR, 72745
$ 990,000
Baths0.0 Sq 4,535

Monthly Estimate*

$ 6,915

113 Parkwood Street, Lowell, AR 72745 - Image 1
113 Parkwood Street, Lowell, AR 72745 - Image 2
113 Parkwood Street, Lowell, AR 72745 - Image 3
113 Parkwood Street, Lowell, AR 72745 - Image 4
113 Parkwood Street, Lowell, AR 72745 - Image 5
113 Parkwood Street, Lowell, AR 72745 - Image 6
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Studio

Commercial Property for sale in Lowell, AR

for $990,000. This 4,535 square foot building was built on a lot size of 0.43.

INVESTMENT OPPORTUNITY! This office building with 4 separate units, 3 of which are leased out (4th is in use of owner), is a great option for investors looking to expand their portfolio! Located near I-49 and the business districts of Springdale and Lowell this location is hard to beat with an average traffic count on the corner of 25,000! Photos are of the common area & exterior. Offices in building 113 offices range from 660-1700 SQ/FT, Multiple AC units one of which was replaced in 2022! Income from this building per month: $5,765 = $69,180/year ! Looking for more opportunity? This property is also listed with it's sister property 101 Parkwood: MLS #1223678 (Irrigation paid for on this property is for both buildings, signage and trash for both buildings is currently combined.)

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Commercial Active

Price

$ 990,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,312

Style

Office

Lot Size

0.43

Town/City

Lowell

County/Region

Benton

MLS | Web ID

1238837
Features
General
Heating Central
Cooling CentralAir
Zoning N
Property SubType Office
Gross Income 63480.0
County Benton
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
Directions Heading north exit 7 right onto W Monroe Ave right onto Parkwood St properties will be on the left
City Lowell
View Y/N N
Senior Community Y/N N
Zoning Description Commercial
Total Units 4
Waterfront Y/N N
Carport Y/N N
Street Name Parkwood
Property Attached Y/N N
Year Built Details Resale (less than 25 years old)
Land Lease Y/N N
Tax Annual Amount 4312.0
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/113-Parkwood-Street-Lowell-AR-72745/unbranded
Days on Market 465
Standard Status Active
Tax Lot 3
Property Sub Type Additional Office
Legal Description PLAT 21L-74
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Interior
Basement None
Flooring CeramicTile
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 CityLot None
Total Parking 15.0
Lot Size Area 0.43
Spa N
Building Area Total 4535.0
Lot Size Acres 0.43
Lot Size Units Acres
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 1 113
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* Excluded Features
List By
Mcnaughton Real Estate

Broker

terri@mcnaughtonrealtors.com

Email

Affordability Calculator

$7,275
Per Month
95%
5%
0%
Monthly Principal & Interest
$6,915
Monthly Property Taxes
$359
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!
Nearby
1764983 Elementary School
1764794 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/16/2024$990,000 -10.00% Price Down
2/10/2023$1,100,000 Listed Price

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113 Parkwood Street, Lowell, AR, 72745 is a Commercial Property for sale at $990,000 with 4,535 sqft and a lot size of 0.43. 113 Parkwood Street is a studio with 0.0 baths. The property's zip code is 72745 which is in Lowell, AR

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