101 & 113 Parkwood Street Lowell, AR $ 1,900,000
101 & 113 Parkwood Street
$ 1,900,000
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101 & 113 Parkwood Street

Lowell, AR, 72745
$ 1,900,000
Baths0.0 Sq 8,955

Monthly Estimate*

$ 13,272

101 & 113 Parkwood Street, Lowell, AR 72745 - Image 1
101 & 113 Parkwood Street, Lowell, AR 72745 - Image 2
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101 & 113 Parkwood Street, Lowell, AR 72745 - Image 4
101 & 113 Parkwood Street, Lowell, AR 72745 - Image 5
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101 & 113 Parkwood Street, Lowell, AR 72745 - Image 7
101 & 113 Parkwood Street, Lowell, AR 72745 - Image 8
101 & 113 Parkwood Street, Lowell, AR 72745 - Image 9
101 & 113 Parkwood Street, Lowell, AR 72745 - Image 10
101 & 113 Parkwood Street, Lowell, AR 72745 - Image 11
101 & 113 Parkwood Street, Lowell, AR 72745 - Image 12
101 & 113 Parkwood Street, Lowell, AR 72745 - Image 13
101 & 113 Parkwood Street, Lowell, AR 72745 - Image 14
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Studio

Commercial Property for sale in Lowell, AR

for $1,900,000. This 8,955 square foot building was built in 1997 on a lot size of 0.48.

INVESTMENT OPPORTUNITY! These 2 office buildings with 10 separate units, all of which are leased out, are a great investor! Located near I-49 and the business districts of Springdale and Lowell this location is hard to beat! Photos are of the common areas and bathrooms for the units. Offices in building 101 range from 168-1300 SQ/FT, Building 113 offices range from 660-1700 SQ/FT. Total of 7 AC units, 2 of which were replaced in 2022 (one in each building) Income from both buildings per month: $11,460 = $137,520 per year! Irrigation, signage and trash for both buildings is combined. Also listed individually - MLS: 1238828 & MLS:1238837

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Commercial Active

Price

$ 1,900,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,333

Style

Office

Lot Size

0.48

Year Built

1997

Town/City

Lowell

County/Region

Benton

MLS | Web ID

1223678

Features
General
Sewer PublicSewer
Heating Central Gas
Cooling CentralAir Electric
Utilities ElectricityAvailable NaturalGasAvailable SewerAvailable WaterAvailable
Appliances GasWaterHeater
Zoning N
Construction Materials Brick
Year Built 1997
Property SubType Office
Current Use Office
Additional Parcels Description 12-01277-000
County Benton
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Possible Use Office
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
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 4333.0
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/101-113-Parkwood-Street-Lowell-AR-72745/unbranded
Days on Market 661
Standard Status Active
Tax Lot 2 & 3
Property Sub Type Additional Office
Legal Description PLAT 21L-74
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Interior
Flooring Carpet CeramicTile Laminate
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 BusinessPark CornerLot IndustrialPark
Water Source Public
Lot Size Area 0.48
Foundation Details Slab
Spa N
Building Area Total 8955.0
Lot Size Acres 0.48
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 1 101
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* Excluded Features
List By
Mcnaughton Real Estate

Broker

terri@mcnaughtonrealtors.com

Email

Affordability Calculator

$13,633
Per Month
97%
3%
0%
Monthly Principal & Interest
$13,272
Monthly Property Taxes
$361
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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Nearby
1764983 Elementary School
1764794 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/25/2023$1,900,000 Listed Price

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101 & 113 Parkwood Street, Lowell, AR, 72745 is a Commercial Property for sale at $1,900,000 with 8,955 sqft and a lot size of 0.48. 101 & 113 Parkwood Street is a studio with 0.0 baths and was built in 1997. The property's zip code is 72745 which is in Lowell, AR