20 Town Square Street, Greenwood, AR 72936

Property Description

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 café, 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.