500 Hill Creek Rd
Edgemont, AR 72067
MLS #17003447

Commercial
  • 2,500sq ft
$2,490,000
Est. P&I payment: $9510.11/mo
500 Hill Creek Rd, Edgemont, AR 72067
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Description for 500 Hill Creek Rd, Edgemont, AR 72067
Greers Ferry Lake Marina, Great turn-key business. This business has been in operation for decades. Current owners have operated for 30 years and are ready to retire. Many additions and improvements made over the years, including new docks added, new store and gas docks and many others. Business operates under a long term lease from the Corp of Eng. Buyers must qualify with the Corp. Opportunities for expansion. Home of the late Pork Chop, the Beagle dog that humored and entertained folks for years.
MLS #17003447
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My Notes for MLS #17003447

General Features

  • Foreclosure (REO)?: NO
  • # Bldgs: 7
  • # Parking: 120
  • ACCURACY OF EXPENSES: Provided by Owner,​Projected
  • Annual Expenses: 240,000
  • Annual Income: 508,000
  • Annual Taxes: 7,200
  • Approx Acreage: 10.83
  • Approx Lot Size: 10 ac - 7 on water 3 in woods
  • Approx SQFT: 2,500
  • Approx Year Built: 2010
  • Area: GREERS FERRY
  • Business Name: Smith's Hill Creek Marina
  • BUSINESS TYPE: Retail,​Recreational
  • Business Type: Recreational rental/sales
  • City: Edgemont
  • Class: Commercial / Industrial
  • Cooled SF: 2,500
  • County: Cleburne
  • Employees Notified Y/N: Yes
  • EXPENSES INCLUDE: Taxes,​Insurance,​Maintenance,​Utilities,​Payroll,​Rent
  • EXTERIOR FEATURES: Storage Building,​Dumpster
  • EXTERIOR: Metal/Vinyl Siding,​Other (see remarks)
  • FINANCING (NEW): Other (see remarks),​Cash
  • FLOORS: Other (see remarks)
  • FOUNDATION: Other (see remarks)
  • Heated SF: 2,500
  • HEATING & AIR: Central Cool-Electric,​Central Heat-Electric
  • Inside City Limits: No
  • INTERIOR FEATURES: Equipment (see remarks),​Exclusions (see remarks),​Other (see remarks),​Kitchen Area
  • Inventory Description: see other
  • Lake Name: Greers Ferry
  • Lake: Yes
  • Lease Expires: 2,028
  • LEASE TYPE: Two Years or More,​Other (see remarks)
  • Legal: See Corp of Engineers Lease
  • LISTING TYPE: Exclusive Right-To-Sell
  • LOT: Resort Property,​Lake Front,​Common to Lake
  • New Construction?: No
  • PARKING: 26 or More,​Common,​On Street,​Off Site,​Paved
  • POSSESSION: At Closing
  • POSSIBLE USE: Retail
  • PRESENT USE: Other,​Retail
  • PRICE INCLUDES: Goodwill,​Equipment,​Lease Value,​Business,​Building
  • Price Per SQFT: 996
  • Price: 2,490,000
  • ROAD SURFACE: Paved
  • ROOF: Metal
  • Sale/Rent: For Sale
  • Short Sale ? (Y/N/U): NO
  • SOURCE OF SQUARE FEET: Appraisal
  • Status Category: Active
  • Status Date: 2017-02-10
  • Status: Active
  • STORIES: One Story
  • STYLE: Other (see remarks)
  • Subdivision: Hill Creek
  • TENANT EXPENSES: All Utilities
  • TRANSPORTATION/LOCATION: None
  • Type: Bus and Bld (Land Leased)
  • UTILITIES: Electric-Co-op,​TV-Satellite Dish,​Telephone-Private
  • WALLS: Other (see remarks)
  • WARRANTY: As-Is,​ Prsnt Cnd at Clsng
  • Will Subdivide: No

Location

 
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Directions to 500 Hill Creek Rd, Edgemont, AR 72067
Hwy 92 between Drasco and Greers Ferry take Hwy 225 (Sunny Slope Rd) across the 225 bridge heading towards Prim, after bridge approx 4 miles to a left on Hill Creek Rd. This road will lead you into the Corp of Eng Hill Creek Park, follow signs to marina.
The listing information for 500 Hill Creek Rd, Edgemont, AR 72067 was graciously provided by our friends at the listing brokerage, Crye*Leike Champion Real Estate Group, Inc.

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P&I Payment $9510.11
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on Sandstone Real Estate Group 's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. Sandstone Real Estate Group , Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 01/18/2018 at 5:34am
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