303-307 Main Lake City, AR ^$ 245,000

303-307 Main

^$ 245,000

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Recently Listed

303-307 Main

Lake City, AR, 72437

^$ 245,000

Bedrooms-- Baths-- Sq 10,400

Monthly Estimate*

^$ 1,509

303-307 Main, Lake City, AR 72437 - Image 1

303-307 Main, Lake City, AR 72437 - Image 2

303-307 Main, Lake City, AR 72437 - Image 3

303-307 Main, Lake City, AR 72437 - Image 4

303-307 Main, Lake City, AR 72437 - Image 5

303-307 Main, Lake City, AR 72437 - Image 6

303-307 Main, Lake City, AR 72437 - Image 7

Commercial Property for sale in Lake City, AR

for $245,000. This 10,400 square foot building was built on a lot size of 0.75.

Two Mini Storage complexes with long term clients. 91 units composed of 43 5X10 @ $30/mo, 36 10X15 @ $45/mo and 12 10X20 @ $55/mo, A large vacant lot behind the Main St. units is suitable for additional mini units or duplex apartments. Property to be sold AS/IS. Contrary to info listed, there are currently 68 tenants as Dec. 2025.

Commercial Active

Price

^$ 245,000

Property Type

Commercial

Taxes

^$ 1,566

Style

Storage/Rental

Lot Size

0.75

Town/City

Lake City

County/Region

Craighead

MLS | Web ID

10128018

Features

General

Road Frontage Yes

Heating None

Lease Type Net

Cooling None

Possession At Closing

Flood Zone No

Number of Garage Spaces 0.0

Stories Count 0

County Craighead

Business Type Storage/Rental

Age 0

Property Type Commercial/Investments

Area Lake City

Auction No

Transaction Type Sale

Tax Year 2023

Occupant Type Tenant

Tenants 20

New Construction 0

Status Active

Acres 0.7500

Property Subtype Warehouse

Year Built 0

City Lake City

Lot Size Square Feet 32670.00

Legal Description See Agent Remarks

Tax Annual Amount 1566.80

Showing Instructions Show any time. Complexes being Sold AS/IS WITH ALL FAULTS

Year Built Exception 0

Street Name Main

Interior

Total Bedrooms 0.00

3/4 Bath(s) 0

Half Baths 0

1/4 Bath(s) 0

Square Footage 10400

Exterior

Number of Parking Spaces 0

* Excluded Features

List By

Bill Sims

Listing Agent

Arkansas Elite Realty

Broker

realtorbillsims@gmail.com

Affordability Calculator

$1,639

Per Month

Monthly Principal & Interest: $1,509
Monthly Property Taxes: $131
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 Lake City, AR

Average List Price ^$268,267

Percent of Sale Price 9%

About Lake City, AR

3,323 Population

0% Since 2002

^$39,736 Median Income

39.91 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1110673 Elementary School

1110566 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/4/2026	$245,000		Listed Price

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303-307 Main, Lake City, AR, 72437 is a Commercial Property for sale at $245,000 with 10,400 sqft and a lot size of 0.75. The property's zip code is 72437 which is in Lake City, AR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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 Internet Data Exchange Program of the Northeast Arkansas Board of REALTORS®.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Northeast Arkansas Board of REALTORS®. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 3/8/2026.

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303-307 Main

Commercial Property for sale in Lake City, AR

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