245 Kayla Lane, Lonoke, AR 72086

$260,000
2
BD
3
BA
4,800
SqFt

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List Price
$260,000
Status
ACTIVE
MLS#
26028742
Stories
Two Story
Year Built
2007
Bedrooms
2
Bathrooms
3
Living Area
4,800
Acres
5
Region
Lonoke School District
Subdivision
Metes & Bounds

Property Description

Rare opportunity in Lonoke! This versatile 4,800 sq. ft. shop on 5 acres offers multiple income and lifestyle possibilities. Zoned Commercial, the property features two separate living spaces inside the shop. The ground-level apartment offers 800 sq. ft. with 1 bedroom, 1 bath, an open living/dining/kitchen layout (island does not convey), plus a large laundry room with abundant storage. Upstairs, you'll find a spacious 500 sq. ft. efficiency apartment with full kitchen, bath, and large storage room. Together, the apartments currently generate $1,800 per month in rental income. The shop itself provides ample workspace with a third bathroom and utility sink, making it ideal for a business, contractor, hobbyist, equipment storage, or warehouse use. Live in one apartment while renting the other, lease both for investment income, operate your business onsite, or create the ultimate work-live setup. The 5-acre tract provides room for expansion, equipment, parking, outdoor storage, or future development opportunities. Whether you're an investor seeking cash flow, an entrepreneur needing workspace, or a buyer looking to offset expenses. No seller financing. Let's negotiate a deal today!

Additional Information

Taxes
$608
Interior
Water Heater-Electric, Kit Counter-Formica
Floors
Laminate
Fireplace Description
None
Exterior
Metal/Vinyl Siding
Roof
Metal
Parking Description
Carport

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Calculator source: Real Geeks

Listing courtesy of Epique Realty.