Investment Property, 100% Leased NNN Property. Two tenant building, new leases starting 2025. This 5,000 building was remodeled in 2023. Sitting on 3 acres, this has over 200ft of HW 62 frontage and additional room to build more. 9.3% CAP Rate Agent Owned
Your opportunity to own a stunning Arkansas gem: Whitney Mountain Lodge above Beaver Lake! Whitney Mountain Lodge is a breathtaking lodge perched 700' above Beaver Lake and sits on +/- 25 acres! This property offers year-round, panoramic views of the lake with key features including 16 rooms, outdoor patio, downstairs bar, and extensive renovations completed in 2002/2003, with hotel rooms updated in 2010. This property is also likely the only redevelopment opportunity with sewer access, it offers an investor the potential to redevelop the site into many different uses, including, Corporate and Family Retreats, Recreational Facility, Hotel Units, Apartments, Mixed-Use Development, Resort Development, Condos, Convention Centers, or many other uses with stunning views of Beaver Lake. Imagine hosting weddings on the patio, opening an upscale restaurant, or hosting corporate retreats! With endless possibilities, you can create an unforgettable experience for every guest! Don't miss out on this extraordinary investment!
This unique property offers an excellent opportunity for business owners or investors. Located just 9 miles from downtown Rogers and near the intersection of Highway 62 & Highway 72, the property features two buildings totaling 8,015 square feet on 1.01 acres of land. BUILDING 1: RESTAURANT/BAR (5,615 SF) The spacious restaurant/bar includes some existing bar equipment, tables, and chairs. It features a stunning custom oak bar that stands 8'8" tall and stretches 22' long, adding a touch of elegance to the space. The building is well-suited for a dining establishment, pub, or event venue. BUILDING 2: SHOWROOM/STORAGE (2,400 SF) Next door, the showroom/storage building is equipped with a bathroom, electricity, and convenient roll-up doors. This space is ideal for showcasing products, additional storage, or even as a workshop. This versatile property is perfect for entrepreneurs looking to establish a presence in a high-traffic area or investors seeking an attractive commercial asset.
Garfield is located in Arkansas. Garfield, Arkansas has a population of 465. Garfield is less family-centric than the surrounding county with 12.34% of the households containing married families with children. The county average for households married with children is 38.21%.
The median household income in Garfield, Arkansas is $65,714. The median household income for the surrounding county is $76,887 compared to the national median of $69,021. The median age of people living in Garfield is 54.1 years.
The average high temperature in July is 87.6 degrees, with an average low temperature in January of 23.4 degrees. The average rainfall is approximately 47.8 inches per year, with 10.9 inches of snow per year.