101 Parkwood Street Lowell, AR $ 990,000
101 Parkwood Street
$ 990,000
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101 Parkwood Street

Lowell, AR, 72745
$ 990,000
Baths0.0 Sq 4,420

Monthly Estimate*

$ 6,580

101 Parkwood Street, Lowell, AR 72745 - Image 1
101 Parkwood Street, Lowell, AR 72745 - Image 2
101 Parkwood Street, Lowell, AR 72745 - Image 3
101 Parkwood Street, Lowell, AR 72745 - Image 4
101 Parkwood Street, Lowell, AR 72745 - Image 5
101 Parkwood Street, Lowell, AR 72745 - Image 6
101 Parkwood Street, Lowell, AR 72745 - Image 7
101 Parkwood Street, Lowell, AR 72745 - Image 8
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Studio

Commercial Property for sale in Lowell, AR

for $990,000. This 4,420 square foot building was built on a lot size of 0.48.

INVESTMENT OPPORTUNITY! This office building with 6 separate units, all of which are leased out, is a great option for investors looking to expand their portfolio! Located near I-49 and the business districts of Springdale and Lowell this location is hard to beat with an average traffic count on the corner of 25,000! Photos are of the common areas and bathrooms for the units. Offices in building 101 range from 168-1300 SQ/FT, Multiple AC units one of which was replaced in 2022! Income from this buildering per month: $5,695 = $68,340 per year! Looking for more opportunity? This property is also listed with it's sister property 113 Parkwood: MLS #1223678 (Irrigation paid for on this property is for both buildings, signage and trash for both buildings is currently combined.)

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Commercial Active

Price

$ 990,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,202

Style

Office

Lot Size

0.48

Town/City

Lowell

County/Region

Benton

MLS | Web ID

1238828

Features
General
Heating Central
Cooling CentralAir
Zoning N
Construction Materials Brick
Property SubType Office
Gross Income 66240.0
County Benton
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
Directions Heading north exit 7 right onto W Monroe Ave right onto Parkwood St properties will be on the left
City Lowell
View Y/N N
Senior Community Y/N N
Zoning Description Commercial
NumberOfUnitsTotal 6
Lot Size Units Acres
Waterfront Y/N N
Carport Y/N N
Street Name Parkwood
Property Attached Y/N N
Year Built Details Resale (less than 25 years old)
Land Lease Y/N N
Tax Annual Amount 4202.0
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/101-Parkwood-Street-Lowell-AR-72745/unbranded
Days on Market 465
Standard Status Active
Tax Lot 2
Property Sub Type Additional Office
Legal Description PLAT 21L-74
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Interior
Basement None
Flooring Carpet Vinyl
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Electric On Property Y/N N
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Exterior
Parking Features ParkingLot
Lot Features CornerLot CityLot
Total Parking 15.0
Lot Size Area 0.48
Foundation Details Slab
Spa N
Building Area Total 4420.0
Street Suffix Street
Lot Size Acres 0.48
Road Frontage Type MainThoroughfare
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 1 101
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* Excluded Features
List By
Mcnaughton Real Estate

Broker

terri@mcnaughtonrealtors.com

Email

Affordability Calculator

$6,930
Per Month
95%
5%
0%
Monthly Principal & Interest
$6,580
Monthly Property Taxes
$350
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
1764983 Elementary School
1764794 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/16/2024$990,000 -10.00% Price Down
2/10/2023$1,100,000 Listed Price

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101 Parkwood Street, Lowell, AR, 72745 is a Commercial Property for sale at $990,000 with 4,420 sqft and a lot size of 0.48. 101 Parkwood Street is a studio with 0.0 baths. The property's zip code is 72745 which is in Lowell, AR