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Jonesboro,AR 72401
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