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Jonesboro, AR 72401

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For Sale

$775,000

4 beds3 baths6,640 sqft

Estimated Payment

$      /mo.

APR for 30 years

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  • Townhouse
    Property type

  • $116.72
    Price per square foot

  • Basement
    Rooms

Explore this Property

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
MLS# 25041868

Courtesy Of New Horizon Real Estate

(870) 336-0033

Property Features

  • Amenities
    Wet Bar
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Floor Covering
    Carpet, Laminate, Vinyl, Wood
  • Lot Size
    0.17 Acres
  • Rooms
    Basement, Game Room, Office

Area Map

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Monthly Payment Breakdown

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