Description
Rare opportunity in Lonoke! This versatile 4,800 sq. ft. shop on 5 acres offers multiple income and lifestyle possibilities. Zoned Commercial, the property features two separate living spaces inside the shop. The ground-level apartment offers 800 sq. ft. with 1 bedroom, 1 bath, an open living/dining/kitchen layout (island does not convey), plus a large laundry room with abundant storage. Upstairs, you'll find a spacious 500 sq. ft. efficiency apartment with full kitchen, bath, and large storage room. Together, the apartments currently generate $1,800 per month in rental income. The shop itself provides ample workspace with a third bathroom and utility sink, making it ideal for a business, contractor, hobbyist, equipment storage, or warehouse use. Live in one apartment while renting the other, lease both for investment income, operate your business onsite, or create the ultimate work-live setup. The 5-acre tract provides room for expansion, equipment, parking, outdoor storage, or future development opportunities. Whether you're an investor seeking cash flow, an entrepreneur needing workspace, or a buyer looking to offset expenses. No seller financing. Let's negotiate a deal today!
Details
| MLS # | 26028742 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | For-sale |
| Status | Take Backups |
| Year | 2007 |
| Days On Site | 43 |
| Listing Provided By | Epique Realty | Steve Clemons |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 4,800 |
| Story(s) | 2 |
| Acreage | 5.00 |
Interior
| Heat & Air | Central Cool-Electric, Central Heat-Electric, Mini Split |
|---|---|
| Interiors | Water Heater-Electric, Kit Counter-Formica |
Exterior
| Exterior | Metal/Vinyl Siding |
|---|---|
| Roof | Metal |
| Foundation | Slab |
Utilities
| Utilities | Septic, Water-Public, Elec-Municipal (+Entergy) |
|---|
Taxes
| Property | 608 |
|---|
Area Information
| State | AR |
|---|---|
| County | Lonoke |
| City | Lonoke |
| Zip Code | 72086 |
| Area | LONOKE SCHOOL DISTRICT |
| Subarea | LONOKE SCHOOL DISTRICT |
| Community Name | Metes & Bounds |
| Listing VS Median (in Metes & Bounds) | |
Price: $260,000 low | high Med: $214,900 sqft: 4,800 low | high Med: 1,568 $ / sqft: $54 low | high Med: $137 On site: 43 low | high Med: 100 | |
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Learn More About This Property
| State | AR |
|---|---|
| County | Lonoke |
| City | Lonoke |
| Zip Code | 72086 |
| Area | LONOKE SCHOOL DISTRICT |
| Subarea | LONOKE SCHOOL DISTRICT |
| Community Name | Metes & Bounds |
| Listing VS Median (in Metes & Bounds) | |
Price: $260,000 low | high Med: $214,900 sqft: 4,800 low | high Med: 1,568 $ / sqft: $54 low | high Med: $137 On site: 43 low | high Med: 100 | |
