2020 W 3rd, Little Rock, AR 72205

  • $2,400,000
  • $2,400,000
2020 W 3rd, Little Rock, AR 72205
For Sale

2020 W 3rd, Little Rock, AR 72205

2020 W 3rd, Little Rock, AR 72205
  • $2,400,000
  • $2,400,000

Description

Introducing The Executive Building – a unique commercial opportunity in the heart of Little Rock, Arkansas. This six story building offers 40 office/retail spaces ranging from 200 to 4000 square feet, and has a diverse array of commercial spaces. The Executive Building stands as an ideal investment for those seeking to capitalize on the flourishing local business landscape. Recognized as a value-add property, it presents a unique prospect for enhancement, with roughly half of units primed for cosmetic renovations to meet the evolving needs of your clientele. * Pro Forma Income: $459,993 * The asset is also being offered with attractive assumable financing in place at a rate of 5.5% with 20 years of term left. For general informational purposes only. All details, including square footage, unit sizes, and renovation needs, are close approximations, and no guarantees are made regarding their accuracy. The agent/broker makes no representations or warranties, expressed or implied, regarding the property.

Details

Updated on August 8, 2024 at 8:51 am
  • Property ID: hz-7807077
  • Price: $2,400,000
  • Property Size: 31800 Sqft
  • Land Area: 35719 Acre
  • Year Built: 1971
  • Property Type: Commercial / Industrial
  • Property Status: For Sale
  • MLS#: 23038859
  • Office Name: CAPITAL REAL ESTATE ADVISORS
  • Agent Name: Sergio Convers
  • MLS Status: Active

Additional details

  • List Agent MLSID: 13192
  • List Office MLSID: 2315
  • Listing Date: 2023-12-05
  • # Half Baths: half_bathroom
  • Annual Taxes: 24780
  • Tax Year: 2023
  • Approx Lot Size: 35,719
  • Subdivision: Plunkett 2nd
  • Possession: At Closing
  • Parking: 26 or More,Paved,Lot
  • Floors: Partial Carpet,Vinyl,Tile,Concrete
  • List Price/Square Foot: 75.47
  • New Construction?: No
  • Exterior Features: Block,Stone
  • Foundation: Slab
  • Interior Features: Sprinkler,Elevator,Public Restrooms,Display Window,Janitor Services,Smoke Detector,Burglar Alarm,Fire System,Video Surveillance
  • Roof: Other (see remarks)
  • Showing Instructions: Assisted Showings Req'd,By Appointment Only,Tenant Occupied,24 Hour Notice,Security System,Restricted Hours
  • Utilities: Sewer-Public,Water-Public,Electric-Municipal
  • Style: Contemporary
  • Internet Publication: 1. Yes
  • Green Home Certified: NO
  • Office Identifier: 2315
  • Zoning: Multi-Purpose
  • Present Use: Office,Retail
  • Road Surface: Paved
  • Possible Use: Medical Facility,Retail,Warehouse
  • Lot: Sloped
  • Lease Type: None
  • Address 2020 W 3rd
  • City Little Rock
  • State/county AR
  • Zip/Postal Code 72205
  • Area LITTLE ROCK (DOWNTOWN)
  • Country United States

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