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20 Town Sq
Greenwood, AR 72936

$565,000 USD

Health Club For Sale  •  7,400 SF

Property Details

  • Property Type Health Club
  • Total Building Size 7,400 SF
  • Lot Size 0.22 AC
  • Building Class C
  • Year Built 1969
  • Cap Rate 7.43 %
  • Tenancy Multiple
40 Walk Score

Highlights

Income-producing multi-tenant commercial building in Greenwood's historic Old Town Square
Four suites, each with its own entrance, currently supporting wellness, personal care, and food service uses
75% leased with immediate rental income; the owner-occupied 25% represents lease-up or expansion upside for an owner-user or investor
7.43% cap rate with additional upside from reconfiguring or re-leasing the owner-occupied suite
ADA accessible; central gas heat and air; concrete slab foundation
On-site and on-street parking
Cap Rate: 7.43 %

Amenities

  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Smoke Detector
  • Awning

Public Transportation

AirportDriveWalkDistance
Fort Smith Regional 30 min - 16.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: SurfaceTandem
Included in Rent: Yes
Amanda Richmond 479-226-3931 McGraw Realtors
Amanda Richmond 479-226-3931 McGraw Realtors