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MLS# 10098763

$17,900,000

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Listing Courtesy of: Century 21 Portfolio - 870-933-0026

Description for

MLS# 10098763

Jonesboro's original landmark hotel with great corner lot location and almost 5 acres. Great visibility from Caraway Rd and I555. Currently operated as a hotel with 179 guest rooms. Two large restaurant areas, a separate bar/lounge area as well as an indoor pool are available but currently not in use. Building and location could be utilized in many different capacities. High traffic area with over 20K vehicles daily. Walking distance to numerous restaurants, convivence store and health club.

General Features Property for Sale

  • Price
    $17,900,000
  • Listing Type
    Mixed Use
  • MLS#
    10098763
  • County
    Craighead
  • Approx. Acreage*
    5
  • Approx. Sq. Ft.*
    105506

Additional Details

General

Business Type : Motels/Resort, Restaurant
Current Business Features : Hotel, Motel, Restaurant, Restaurant: W/Bar, Supper/Night Club
Features : Conference Room, Exterior Lighting, Fire Alarm
Flood Zone : No
Foundation Features : Concrete Slab
Lot Square Footage : 217800.00
Parking Types : Asphalt, Lighted
Utilities Features : City Water
Wall Height : 8 Ft - 10 Ft

Financial

Annual Expense : $0
First Unit Rent : $0
Fourth Unit Rent : $0
Inventory Value : $0
Second Unit Rent : $0
Taxes : $0
Thrid Unit Rent : 0
Utilities per Month : $0

Exterior

Exterior : Brick
Roof : Flat

Equipment

Cooling Features : Central Air, Central Gas, Mixed System
Heat Features : Central Electric, Central Gas, Central Heat Pump

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Market Research

This Property

  • $17,900,000

    List Price

  • $169

    Price per Sq Ft

  • 309

    Days on Website (Apr 01, 2022)

Jonesboro Commercial Values

  • $725,106

    Average List Price

  • $4,569

    Average Price per SQFT

  • 209

    Average Days on Market

  • $996,008

    Average Sold Price

  • 5,868

    Number of Properties for Sale

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Listing Courtesy of: Century 21 Portfolio - 870-933-0026
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