20 Town Square ST, Greenwood, AR 72936
sale
$565,000
|
Other
Courtesy Of Berkshire Hathaway HomeServices Anderson Propertie
Highly Desirable Income-Producing Commercial Property in Greenwood's Old Town Square Take advantage of this exceptional investment opportunity in the heart of Greenwood. This approximately 7,400-square-foot commercial building features four separate entrances and is currently 75% leased, with the owner occupying the remaining 25%-offering immediate rental income and future income potential. The main storefront facing the square welcomes visitors with a spacious foyer and includes three additional rooms currently used for massage therapy. The building's largest suite features a charming coffee and tea cafe, a full kitchen, and ample storage space. The second suite offers a large reception/living area with three additional rooms, presently configured for tanning services, along with storage. The third suite includes a welcoming foyer, three massage therapy rooms, and additional storage, making it ideal for wellness services. The fourth suite is home to a fitness/workout center and includes an office and private restroom. Shared amenities include common restrooms, hallways, and additional storage areas, providing convenience for both tenants and customers. With a 7.43% cap rate and the opportunity to lease the owner-occupied space or reconfigure for additional tenants, this property offers strong cash flow with excellent upside potential. Whether you're expanding your investment portfolio or seeking a prime mixed-use commercial property, this is an opportunity you won't want to miss. Trade fixtures and furniture do not convey.
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Copyright © 2026 Western River Valley Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: Over 50 Years Old
- Cooling System: Central Air
- Floor Covering: Vinyl
- Floor Covering: Laminate
- Floor Covering: Carpet
- Floor Covering: Tile - Ceramic
- Floor Covering: Other-specify in remarks
- Heating System: Central
- Heating System: Natural Gas
- Legal Description: Lot 1 Block 4, Greenwood Original Town, except that part West of the West wall of Building B, Sebastian County, Arkansas, Section 12-Township 06-Range 31
- MLSID: 1090188
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