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  • 5.24 ACRES
  • - Commercial For Sale

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Description for MLS# 22030241

Incredible Commercial Location located on the entrance to Historic Downtown Batesville on the corner of Main St. and St. Louis St! This 5.24 acres was formerly the Powell's Motel, Wyatt's Restaurant and most recently, Independence Inn. The buildings are in fair shape and could be utilized or the lot could be cleared and have enough room for various commercial projects! The buildings themselves total over 38,000 sq. ft., have over 50 one bedroom units, a restaurant/kitchen and various office areas.

General Features

  • Property For
    Sale
  • Number of Stories
    1
  • County
    Independence
  • Subdivision
    Nil
  • Approx. Lot Size
    5.24 Acres
  • Approx. Acreage*
    5.24
  • Price
    $1,700,000

Additional Details

Approx Acreage
5.24
Approx Sq Ft
38000
Approx Year Built
0
Business Name
Na
Business Type
Hotel/Motel, Other (see Remarks)
Business Type Two
Na
Foundation
Slab
Price Includes
Building, Land
Source Of Square Feet
Appraisal
Style
Other (see Remarks)
Accuracy of Expenses
None
Annual Expenses
$0
Annual Income
$0
Annual Taxes
$0
Expenses Include
None
Lease Type
None
Tenant Expenses
None
Floors
Tile
Exterior
Brick, Wood Siding
New Construction
No
Roof
Architectural Shingle

Lot

Lot
Level
Road Surface
Paved
Will Subdivide
No
Heating-Air
Central Cool-Electric, Central Heat-Electric
Utilities
Electric-Municipal, Gas-Natural, Water-Public

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Market Research


 

Batesville Commercial Values

Average List Price:
$584,417
Average Sold Price:
$212,607
Average Price per SQFT:
$59
Average Days on Market:
698
Number of Properties for Sale:
1,117
Vs.

This Property

List Price:
$1,700,000
Approx. Price per SQFT:
N/A
Days on Website:
82 (Sep 05, 2022)

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than Crye-Leike are marked with the Broker Reciprocity SM logo and information about them includes the name of the listing brokers. The broker operating this web site believes the data here to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. For the most current information, contact Crye-Leike, REALTORS®. This data is updated daily. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Copyright 2022 Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. All rights reserved.