Description
Homes have reached their lifespan and will be demolished over the next 30 days.Income producing property with highway frontage in Prairie Grove. Property is zoned Commercial Residential (CR) and includes one 1196 sqft house built in 1972 plus one 3189 sqft shop building built in 1973. House and shop are currently leased to separate tenants. House has been leased to the same tenant for over 20 years at $500 a month, shop is leased for $450 per month and tenant has been over 8 years. Please do not disturb the tenants. No showings without a contract. Agent is related to one of the sellers. Property to be sold as is... No disclosure, no repairs, no warranties from seller, seller has never occupied the property. Rent amounts are subject to change after homes are demolished.Also listed as Commercial on MLS as #1239263 AND Listed in a Bundle with 2 Additional Parcels totaling 2.24 ac, one parcel *only listed in bundle* includes an income-producing duplex MLS#1240037
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2BEDS
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0.79ACRES
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1BATHS
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01/2 BATHS
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1,196SQFT
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$146$/SQFT
Description
Homes have reached their lifespan and will be demolished over the next 30 days.Income producing property with highway frontage in Prairie Grove. Property is zoned Commercial Residential (CR) and includes one 1196 sqft house built in 1972 plus one 3189 sqft shop building built in 1973. House and shop are currently leased to separate tenants. House has been leased to the same tenant for over 20 years at $500 a month, shop is leased for $450 per month and tenant has been over 8 years. Please do not disturb the tenants. No showings without a contract. Agent is related to one of the sellers. Property to be sold as is... No disclosure, no repairs, no warranties from seller, seller has never occupied the property. Rent amounts are subject to change after homes are demolished.Also listed as Commercial on MLS as #1239263 AND Listed in a Bundle with 2 Additional Parcels totaling 2.24 ac, one parcel *only listed in bundle* includes an income-producing duplex MLS#1240037
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Listing provided by Prime Real Estate And Development: 479-571-1515.