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$775,000

Est. payment - /mo

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4 Beds

3 Baths

6,640 SqFt

Active

Address not disclosed Jonesboro, AR 72401

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Micah Ribbing

micah.ribbing@gmail.com +1(501) 218-5944

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Key Details

Property Type Condo, Townhouse

Sub Type Condo/Townhse/Duplex/Apt

Listing Status Active

Purchase Type For Sale

Square Footage 6,640 sqft

Price per Sqft $116

Subdivision Robertson Addition

MLS Listing ID 25041868

Style Other (see remarks),Townhouse,Studio Home

Bedrooms 4

Full Baths 3

Annual Tax Amount $4,500

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Condo/Townhse/Duplex/Apt

Property Description

This stunning loft, perched on the top floor of a 3-level building in historic downtown Arkansas, offers a unique investment opportunity. The loft is divided into two spacious sections: a 2,000-square-foot area and a 4,600-square-foot space, both brimming with potential. The larger section, with its open layout, exposed brick walls, and expansive windows, is ideal for leasing as an event venue or transforming into a vibrant bar or diner. The smaller section, featuring a modern kitchen with a central island and warm wooden shelving, could serve as a cozy apartment or additional rental unit. The loft's versatility allows for further division into multiple properties to maximize income.The entire 3-level building is also for sale, featuring small to mid-size offices on the ground floor that rent from $450 to $600 per month, providing a steady revenue stream. The building offers a range of areas suitable for retail and service businesses. The basement recently secured a 3-year lease at $5,000 per month, adding to the property's financial appeal. With its hardwood floors, high ceilings, and abundant natural light, the property blends historic charm with modern appeal. The income possibi

Location

State AR

County Craighead

Area Jonesboro D

Rooms

Other Rooms Office/Study, Game Room, Other (see remarks)

Basement Full, Finished, Heated, Cooled

Dining Room Eat-In Kitchen

Kitchen None

Interior

Interior Features Wet Bar

Heating Central Cool-Electric, Central Heat-Gas

Flooring Carpet, Wood, Vinyl, Laminate

Fireplaces Type None

Equipment None

Exterior

Parking Features Six Car or More

Utilities Available Sewer-Public, Water-Public

Roof Type Flat

Building

Lot Description Level, Other (see remarks), Historical District

Story Three Story

Foundation Other (see remarks)

New Construction No

Listed by New Horizon Real Estate • Mark Flowers

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Micah Ribbing

REALTOR | License ID: SA00096985

+1(501) 218-5944