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$797,000
Est. payment /mo
1,765 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 1,765 sqft
Price per Sqft $451
Subdivision Michaels
MLS Listing ID 26036169
Style Traditional
Year Built 1943
Tax Year 2025
Lot Size 0.270 Acres
Acres 0.27
Property Sub-Type Building and Land
Property Description
Rare investment and owner-user opportunity on highly visible Kanis Road! This .27-acre commercial property offers 1,765 SF, 18,000+ vehicles per day traffic and an established telecommunications site generating approximately $1,572/month in current income. Building tenant is month-to-month at $1,000/month, with current rent reflecting consideration for owner-approved improvements. Solid structure with value-add potential for renovation, increased rental income or future owner occupancy. Located in Little Rock's established medical/commercial corridor near Baptist Health and convenient to I-630. Two existing income streams plus excellent visibility, access and long-term upside make this a unique commercial offering. UNIQUE TELECOM VALUE COMPONENT Existing telecom income with scheduled lease economics through the remaining term. Subject to the lease terms and owner compliance, the existing communications tower is to become property of the landowner upon termination of the telecom lease. Potential additional carrier colocation capacity may provide future upside; capacity, approvals and revenue rights to be independently verified.
Location
State AR
County Pulaski
Area Little Rock
Interior
Heating Central Cool-Electric, Central Heat-Electric
Exterior
Exterior Feature Partially Fenced
Parking Features 1 - 10 Spaces, 11 - 25 Spaces, Paved
Garage Spaces 15.0
Utilities Available Electric-Municipal, Sewer-Public, Water-Public
Building
Lot Description Level, Corner Lot, Sidewalks
Foundation Crawl Space
New Construction No
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Listed by Crye-Leike REALTORS Maumelle • Vicki L Biggs
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