Commercial: MLS #24014401 Fort Smith, AR $ 1,500,000
Commercial: MLS #24014401
$ 1,500,000
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Commercial: MLS #24014401

Fort Smith, AR, 72901
$ 1,500,000
Baths0.0 Sq 18,000

Monthly Estimate*

$ 10,478

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Studio

Commercial Property for sale in Fort Smith, AR

for $1,500,000. This 18,000 square foot building was built in 1960 on a lot size of 1.6.

Introducing a versatile property offering boundless potential for various uses in Forrest City, Arkansas. Built in the 1960s, this property has been thoughtfully maintained and recently upgraded with a new roof installed in 2021, representing a significant investment in its longevity and structural integrity. Flexible Usage: Whether you envision it as a Residential Care Facility, a rehabilitation center, multi-family housing, or another purpose entirely, the property offers the versatility to accommodate a wide range of uses. With its spacious layout and ample amenities, the possibilities are limited only by your imagination. Licensing and Capacity: Currently licensed by the state of Arkansas for a Residential Care Facility with a capacity for 45 beds, the property boasts 29 rooms, including specialized spaces such as a beauty shop, a medication room, two break rooms, and four offices. This licensing provides a solid foundation for various healthcare or residential care operations. Essential Amenities: Equipped with an industrial washer and dryer, PTAC unit heating and cooling in all rooms, and three industrial heating and air central units for common areas

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Commercial Active

Price

$ 1,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

1.6

Year Built

1960

Town/City

Fort Smith

County/Region

Sebastian

MLS | Web ID

24014401

Features
General
Heating Central Cool-Electric Central Heat-Electric
Utilities Sewer-Public Water-Public Electric-Municipal
Roof Wood Shingle
Exterior Features Wheelchair Accessible
Year Built 1960
Tenant Pays Other (see remarks)
Subdivision St Francis
Style Other (see remarks)
Stories One Story
County St Francis
Class Commercial / Industrial
Type Building and Land
Business Type health care
Business Name Residential Care Forrest
Inside City Limits No
Status Active
Docs on File Property Disclosure
Directions Forrest City to Lindauer Rd
City Forest City
Street Name lindauer
DOM 43
Price Per Sq Ft 83.33
Coming Soon Introducing a versatile property offering boundless potential for various uses in Forrest City Arkansas. Built in the 1960s this property has been thoughtfully maintained and recently upgraded with a
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Exterior
Exterior Brick
Road Surface Paved
Foundation Slab
Lot Size Area 1.6
Lot Dimensions 1.6 acres
Lot Level
Parking 20
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Interior
Floors Vinyl
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* Excluded Features
List By
Laura Labay

Listing Agent

Exp Realty

Broker

labayteam@gmail.com

Email

Affordability Calculator

$10,478
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,478
Monthly Property Taxes
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Monthly Home Insurance
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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
THE TIME TO SELL IS NOW!
Nearby
886427 Elementary School
886671 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/27/2024$1,500,000 Listed Price

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