20 S Hill Avenue Fayetteville, AR $ 3,500,000
20 S Hill Avenue
$ 3,500,000
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20 S Hill Avenue

Fayetteville, AR, 72701
$ 3,500,000
Baths0.0 Sq 6,200

Monthly Estimate*

$ 24,449

20 S Hill Avenue, Fayetteville, AR 72701 - Image 1
20 S Hill Avenue, Fayetteville, AR 72701 - Image 2
20 S Hill Avenue, Fayetteville, AR 72701 - Image 3
20 S Hill Avenue, Fayetteville, AR 72701 - Image 4
20 S Hill Avenue, Fayetteville, AR 72701 - Image 5
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Studio

Commercial Property for sale in Fayetteville, AR

for $3,500,000. This 6,200 square foot building was built in 1911 on a lot size of 0.67.

Attention student housing developers: Seize a rare opportunity to construct student housing within walking distance of the University of Arkansas. Perfectly positioned just 0.2 miles from the campus, 0.25 miles from Dickson Street, and a mere 0.5 miles from the Fayetteville Square, this offering is a strategic investment. This parcel totals .67 acres and is zoned as Downtown General. This zoning presents a unique chance to maximize unit density and optimize income potential in a high-demand area. Don't miss out on this exceptional development prospect in one of the most coveted locations near the University of Arkansas. Also available as part of a package containing 2 adjoining parcels

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Commercial Active

Price

$ 3,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,374

Style

CommercialSale

Lot Size

0.67

Year Built

1911

Town/City

Fayetteville

County/Region

Washington

MLS | Web ID

1261879

Features
General
Interior Features SeeRemarks
Sewer PublicSewer
Heating HeatPump
Cooling HeatPump
Utilities CableAvailable ElectricityAvailable NaturalGasAvailable SewerAvailable
Roof Architectural Shingle
Appliances GasWaterHeater
Zoning N
Security Features SmokeDetectors
Construction Materials Masonite
Year Built 1911
Business Type BedBreakfast
Community Features TrailsPaths
County Washington
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Status Active
Directions From I49 Exit MLK turn east. Take a Left on Hill Avenue. The properties are on the corner of Hill Avenue and Center St
City Fayetteville
View Y/N N
Senior Community Y/N N
Zoning Description Other
Waterfront Y/N N
Carport Y/N N
Street Name Hill
Property Attached Y/N N
Year Built Details Resale (less than 25 years old)
Land Lease Y/N N
Tax Annual Amount 4374.0
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/20-S-Hill-Avenue-Fayetteville-AR-72701/unbranded
Days on Market 145
Standard Status Active
Tax Lot 4
Legal Description LOTS 4-5-6 BLOCK 1
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Interior
Basement None
Flooring CeramicTile Wood
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Electric On Property Y/N N
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Exterior
Parking Features GarageDoorOpener
Lot Size Area 0.67
Foundation Details Block
Spa N
Building Area Total 6200.0
Lot Size Acres 0.67
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 20
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* Excluded Features
List By
Simplicity Real Estate Solutions

Broker

josh.tandyRE@gmail.com

Email

Affordability Calculator

$24,813
Per Month
99%
1%
0%
Monthly Principal & Interest
$24,449
Monthly Property Taxes
$365
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
THE TIME TO SELL IS NOW!
Nearby
1764983 Elementary School
1764794 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/1/2023$3,500,000 Listed Price

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20 S Hill Avenue, Fayetteville, AR, 72701 is a Commercial Property for sale at $3,500,000 with 6,200 sqft and a lot size of 0.67. 20 S Hill Avenue is a studio with 0.0 baths and was built in 1911. The property's zip code is 72701 which is in Fayetteville, AR