1. Arkansas
  2. Rogers
  3. 623 Walnut Street
$785,000

623 Walnut Street, Rogers, AR 72756

  • 1,176 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon0.32acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $668/sqft
  • Property List Date Icon Listed 2 months ago

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.

Listing Status:
Active
Date Added:
May 22, 2025 at 05:00AM
Listing Office:
CRD Real Estate & Development : 479-445-4501
MLS ID:
1308821
  • Road/Access: Main Thoroughfare
  • HOA Amenities: Monthly
  • Originating MLS: ARKMLS
  • County: Benton

This listing courtesy of CRD Real Estate & Development

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Frank Tillery Elementary School

211 S 7th St, Rogers, AR, 72756

Grades PK-5

0.11 miles away

L

Lingle Middle School

901 N 13th St, Rogers, AR, 72756

Grades 6-8

0.81 miles away

R

Rogers Heritage High School

1114 S 5th St, Rogers, AR, 72756

Grades 9-12

0.67 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.