2395 Harrison St - Department Store FOR SALE


Batesville, AR 72501
$1,599,000 USD
870-376-2146
2395 Harrison St, Batesville, AR for Sale
$1,599,000 USD
Department Store - FOR SALE
1/29
null | Request Cap Rate

2395 Harrison St
Batesville, AR 72501


HIGHLIGHTS

  • 2395 Harrison Street is a ±23,420-square-foot building on a ±1.37-acre corner lot visible to more than 24,000 vehicles per day.
  • Former department store comprising upper and lower warehouses with a dock door, a showroom, and three office/retail spaces.
  • Within 10 minutes of the region’s top employers White River Health, Lyon College, UA Batesville, Bad Boy, Peco Foods, and First Community Bank.
  • Versatile asset in a diverse economy driven by the healthcare, education, government, industrial, and tourism sectors.
  • New Price: $68.27 per square foot, with office suites renting annually for $15 per square foot and warehouse spaces going for $8 a square foot.
  • Great for both owner-operators and investors, offered in cooperation with agent Lackey Moody of Crye-Leike Batesville Real Estate Center Inc.

OVERVIEW

PROPERTY OVERVIEW 2395 Harrison Street is an excellent opportunity for owners/users or investors to stake a claim in Batesville with a versatile asset as multifaceted as this market. The building is a former department store spanning approximately 23,420 square feet on a highly visible 1.37-acre lot. It features two warehouse spaces, a dock door, three office/retail spaces, and a showroom, making the building ideal for a range of office, retail, flex, warehouse, and general commercial uses. 2395 Harrison Street is near some of the area’s most important economic drivers, such as White River Regional Health Center, Lyon College, the University of Arkansas at Batesville, First Community Bank, and The Citizens Bank. There are also plenty of amenities close by to satisfy employees, including Walmart Supercenter, The Home Depot, Kroger, Hobby Lobby, TJ Maxx, and dozens of restaurants. MARKET Arkansas’s oldest city, Batesville, offers a peek into the past and a chance to experience the great outdoors mixed with all the charm of a small town. Batesville is the county seat of Independence County and home to 10,000+ residents. The area’s attractions, hospitality, and affordability make Batesville a Top 25 City in the Nation, according to USA Today. Batesville serves as the commercial, medical, employment, and cultural hub of North Central Arkansas. Batesville is growing and thriving in its 200th year, boasting an impressive 8% population growth over the last five years. Nestled in the foothills of the Ozarks and on the beautiful White River, Batesville provides a safe and friendly setting for families and professionals. The area’s abundant waterways and rugged terrain make outdoor adventure accessible for all ages and abilities. COMMERCE Independence County is the hub for economic development in North Central Arkansas and the premier location for new business and development. Numerous healthcare facilities, manufacturing industries, corporate offices, commercial retail stores, and small businesses call Independence County home. Batesville is home to some of the region’s biggest players, including Bad Boy, Intimidator UTV, Spartan Mowers, LaCroix Precision Optics, LifePlus, Future Fuel, Citizens Bank, Peco Foods, and First Community Bank. For over 100 years, the Batesville Area Chamber of Commerce has been a leader and a catalyst for positive growth and development. BACC is one of the largest Chambers in Arkansas, with over 500 members representing more than 16,000 employees. TOURISM Batesville is home to a $26 million Aquatics Park and Recreation facility, which drew 70,000 visitors in its opening year and keeps the city bustling year-round. Lyon College and the University of Arkansas Community College host many conferences and events. Every winter, Batesville transforms into the Christmas Capital of Arkansas, with over a million lights on display throughout its 35-acre Riverside Park. Tens of thousands of visitors flock to the town to enjoy dancing lights in sync with favorite Christmas tunes, carriage rides, ice skating, and much more.

FOR SALE DETAILS

PRICE

$1,599,000 USD

PRICE/SF

$68 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Department Store

ADD'L SUBTYPES

Service, Light Distribution, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.34 AC

LAND SF

58,370 SF

ZONING

C-1

APN/PARCEL ID

1102865000C

ASK ABOUT THIS PROPERTY

Johnny MitchumKeller Williams Realty - Little RockMore Info
870-376-2146

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Johnny MitchumKeller Williams Realty - Little RockMore Info
870-376-2146

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.