$750,000
$785,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
623 Walnut St Rogers, AR 72756
1,176 SqFt
Key Details
Sold Price $750,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 1,176 sqft
Price per Sqft $637
MLS Listing ID 1308821
Sold Date 09/22/25
Construction Status 25 Years or older
HOA Y/N No
Year Built 1950
Annual Tax Amount $2,865
Lot Size 0.320 Acres
Acres 0.32
Property Sub-Type Business
Property Description
Fully Leased Investment Opportunity in Downtown Rogers. Offered at an 8.15% CAP rate, this income-producing property generates over $87,000 in annual gross income. Located at 623 W Walnut, the property presents strong value-add potential and continues to appreciate and is secured by a new 5-year lease. Situated on a 0.32-acre corner lot zoned T5.2, this high-visibility site features a thriving business and the largest active patio in Downtown Rogers—home to Botanical at City Pump and a lineup of food trucks. Originally one of the city's oldest gas stations, the iconic building has been reimagined as a popular destination for food, beverages, and community events.
Location
State AR
County Benton
Direction From HW 49 E on Walnut towards Downtown Rogers. Property on Left at corner of Walnut & 7th St
Exterior
Present Use Restaurant
Road Frontage Main Thoroughfare
Building
Lot Description Central Business District, Corner Lot, City Lot
New Construction No
Construction Status 25 Years or older
Others
Special Listing Condition None
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with CRD Real Estate & Development