6,500 sqft

$700,000

1467 Highway 62 412, Cherokee Village AR, 72529

Price per sqft$107.69

Built in1996

Property size6,500 sqft

Property typeCommercial

Overview

Active

Listed Jun 22, 2026

Updated Sep 4

Prime Commercial Investment Opportunity with Guaranteed Income Streams! Strategically situated at a high-visibility, traffic-light-controlled major intersection, this premier 6,500-square-foot commercial building offers unparalleled exposure. Perfectly positioned next to high-traffic anchors like Casey’s Gas Station and major local banks, the property features a robust structure originally built in 1996, seamlessly expanded with a 2,500-square-foot addition in 2003. Investors will appreciate the immediate, reliable cash flow provided by two secure tenants: a stable 2-year government lease occupies one side of the building, while a highly desirable, rolling 5-year lease secures the other. Fully equipped with reliable city water and city sewer infrastructure, the property also boasts an expansive paved lot with 49 dedicated parking spots to easily accommodate staff and a high volume of clientele. Don't miss out on this turnkey, low-risk addition to your commercial portfolio in a booming retail and professional corridor!

Additional information

MLS^® ID: 26025147

Interior Features

Basement: No

Exterior Features

Lot Size: 0.15 Acres

Other Property Details

Taxes: $3,390
Tax Frequency: Annually

Courtesy of Coldwell Banker Ozark Real Estate Company, Emily Bagwell-Shackelford

Listing Contact: 870-758-0098

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of the Cooperative Arkansas REALTORS Multiple Listing Services. Real estate listings, held by brokerage firms other than Jeff Kennedy, are marked with the Broker ReciprocitySM logo, and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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. Neither listing broker(s) nor Jeff Kennedy shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.

Data last updated 9/4/2026, 2:44 AM UTC.