347 Fayetteville, AR ^$ 1,550,000

347

^$ 1,550,000

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347

Fayetteville, AR, 72701

^$ 1,550,000

Studio Baths0.0 Sq 4,970

Monthly Estimate*

^$ 10,827

View a Virtual Tour

Studio

Commercial Property for sale in Fayetteville, AR

for $1,550,000. This 4,970 square foot building was built in 1937 on a lot size of 0.327.

The iconic Star Shopper Building is a historically significant treasure located in the heart of Fayetteville! Built in 1937 and designed by Arkansas Poet Laureate Rosa Marinoni, it was among the first apartments on College Ave. It’s currently separated into 4 individual units, each with its own charm and character. With a total area of 4,970 square feet, it’s perfect for anyone looking to own a versatile property that can accommodate a wide variety of uses. The zoning of Main Street Center allows for an array of commercial and residential options. Loaded with historic details, including rare blond brick, original hardwood floors, beautiful fireplaces, porcelain tile bathrooms, terrazzo kitchen floors, and more. Windows fill the space with natural light and high ceilings create an inviting atmosphere. This building is truly a gem in the heart of Fayetteville. A prime location offering endless possibilities for anyone looking to invest in a piece of history and create something special in this vibrant community.

Commercial Active

Price

^$ 1,550,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 5,234

Style

Office

Lot Size

0.327

Year Built

1937

Town/City

Fayetteville

County/Region

Washington

MLS | Web ID

1245096

Features

General

Sewer PublicSewer

Heating Central Gas

Cooling CentralAir Electric

Utilities CableAvailable ElectricityAvailable NaturalGasAvailable SewerAvailable WaterAvailable

Roof Architectural Shingle

Appliances GasWaterHeater

Zoning N

Security Features SmokeDetectors

Construction Materials Brick

Year Built 1937

Property SubType Office

Current Use Office

Gross Income 88200.0

Community Features TrailsPaths

County Washington

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Possible Use Other Retail

Garage Y/N N

Building Features KitchenFacilities

Status Active

Directions College Ave. (71B) to intersection of College and Lafayette (heading south) or College and Dickson (heading north). Building is located on the west side of College in between First Baptist Church and

City Fayetteville

View Y/N N

Senior Community Y/N N

Zoning Description Other

Total Units 4

Waterfront Y/N N

Carport Y/N N

Street Name College

Property Attached Y/N N

Year Built Details 25 Years or older

Land Lease Y/N N

Tax Annual Amount 5234.0

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/347349355-N-College-Avenue-Fayetteville-AR-72701/unbranded

Days on Market 355

Standard Status Active

Tax Lot 2

Property Sub Type Additional Office

Legal Description PT LOT 2 100/142.5 BLOCK 10 FSDI1 199

Interior

Basement Partial CrawlSpace

Flooring Carpet Vinyl Wood

Total Stories 2

Basement (Y/N) Y

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Avenue

Electric On Property Y/N N

Exterior

Parking Features ParkingLot

Lot Features CentralBusinessDistrict CityLot

Water Source Public

Total Parking 12.0

Lot Size Area 0.327

Foundation Details Crawlspace Slab

Spa N

Building Area Total 4970.0

Lot Size Acres 0.327

Lot Size Units Acres

Road Frontage Type MainThoroughfare

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 347

* Excluded Features

List By

Collier & Associates

Broker

richard@collierandassociate.com

Affordability Calculator

$11,263

Per Month

Monthly Principal & Interest: $10,827
Monthly Property Taxes: $436
Monthly Home Insurance: --

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Yearly 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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Nearby

Trends
Schools

Commerical listings in Fayetteville, AR

Average List Price ^$1,601,850

Percent of Sale Price 3%

About Fayetteville, AR

89,258 Population

48% Since 2002

^$45,527 Median Income

31.02 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1764983 Elementary School

1764794 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/28/2024	$1,550,000	-8.28%	Price Down
5/5/2023	$1,690,000		Listed Price

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347, Fayetteville, AR, 72701 is a Commercial Property for sale at $1,550,000 with 4,970 sqft and a lot size of 0.327. 347 is a studio with 0.0 baths and was built in 1937. The property's zip code is 72701 which is in Fayetteville, AR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of The Broker Reciprocity (sm) Program of Northwest Arkansas Board of REALTORS® MLS

The information being provided is 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 updated as of 4/27/2024.

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347

Commercial Property for sale in Fayetteville, AR

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