1140 College, Fayetteville, AR 

Prime redevelopment opportunity on College Ave/ 71B across from two major medical centers. Parcel is zoned CS and can be redeveloped at up to five stories. Streetscape improvements coming soon in phase 1 of the 71B Improvement Plan. Existing use is 1950's motor lodge renovated into multi-family housing and a restaurant space. 3 buildings comprised of: 23 - Single Room Multi-Family Units and 1 - 1 Bedroom Multi-Family Units, 9 of which are occupied. 1 - Restaurant Unit - leased to Cafe Rue Orleans. Note that the HVAC unit serving the restaurant is the property of the tenant and does not convey. Property is offered "As Is, No Repairs".

$850,000

To learn more contact Jeff Pederson.

     

Jeff Pederson Commercial Properties - Northwest Arkansas
479-856-2233 | jpederson@lindsey.com

1200 E. Joyce Blvd, Fayetteville, AR 72703

Jeff Pederson is a proud member of the Lindsey and Associates team.