
This stunning loft, perched on the top floor of a 3-level building in historic downtown Arkansas, offers a unique investment opportunity. The loft is divided into two spacious sections: a 2,000-square-foot area and a 4,600-square-foot space, both brimming with potential. The larger section, with its open layout, exposed brick walls, and expansive windows, is ideal for leasing as an event venue or transforming into a vibrant bar or diner. The smaller section, featuring a modern kitchen with a central island and warm wooden shelving, could serve as a cozy apartment or additional rental unit. The loft's versatility allows for further division into multiple properties to maximize income.The entire 3-level building is also for sale, featuring small to mid-size offices on the ground floor that rent from $450 to $600 per month, providing a steady revenue stream. The building offers a range of areas suitable for retail and service businesses. The basement recently secured a 3-year lease at $5,000 per month, adding to the property's financial appeal. With its hardwood floors, high ceilings, and abundant natural light, the property blends historic charm with modern appeal. The income possibilities from the loft, ground-floor offices, and broader building make this a compelling investment for entrepreneurs or investors.
Listed By
Agency Name: New Horizon Real Estate
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 3,115.94 per month $1,724.81 Principal & Interest $1,165.08 Property Tax $226.04 Homeowner's Insurance
311 S Main | MLS# 10125458
This condo located at 311 S Main, Jonesboro, AR 72401 is currently listed for sale with an asking price of $775,000. This property has 4 bedrooms and 3 full baths with 6640 sq. ft. S Main is located in the Roberts Addition subdivision. Search Roberts Addition real estate on www.clcommercialrealestate.com today.