Former Automotive Dealership and Body Shop
Retail | 7.92% CAP | 17,675 SqFt
Marketing description
High-Yield Commercial Investment with Strong Frontage & Stable Income
An exceptional opportunity to acquire a cash-flowing asset on Arkansas City’s most active commercial corridor. Located at 3100 N Summit, this 17,675 SF facility sits on nearly 3 acres and is currently generating a steady $4,500/month in rental income.
This property offers a "land bank" opportunity with immediate returns. With long-term industrial demand rising and a prime location on the northern growth path of the city, this is a low-maintenance addition to any commercial portfolio. Secure your ROI from day one with a tenant already in place, while holding a premier piece of real estate with significant future appreciation potential.
Investment highlights
Investment Highlights:
Diversified Three-Building Industrial Complex
Total Building Area: ±17,675 SF of versatile showroom, office, and industrial space.
Expansion Potential: Situated on a massive 2.98-acre lot, providing ample room for additional structures, equipment storage, or fleet parking.
Immediate Income: Currently generating $54,000 in annual gross rent ($4,500/month), providing immediate cash flow while navigating future occupancy plans.
Functional Building Specifications
The property is strategically divided into three distinct sections, allowing for multi-tenant potential or a tiered operations hub:
Building A: Auto Showroom & Executive Office (5,000 SF)
Built 1969 | 10’ Ceilings
Features high-visibility glass frontage perfect for retail, customer reception, and administrative offices.
Building B: Attached Parts & Service Hub (9,600 SF)
Built 1969 | 14’ Ceilings
Designed for heavy-duty storage and mechanical work with superior clear height for lifts and racking.
Building C: Independent Service Repair Garage (3,075 SF)
Built 1975 | 10’ Ceilings
A standalone structure ideal for specialized services, subleasing, or overflow shop space.
Strategic Location & Asset Class
Prime Corridor: Positioned on N Summit St (US-77), the primary commercial artery for Arkansas City, ensuring long-term land value and high tenant demand.
Value-Add Opportunity: With a current average rent of approximately $3.05/SF, there is significant potential for revenue growth upon lease expiration to align with modern market rates.
Logistics Friendly: Large lot size and multiple buildings allow for easy ingress/egress for semi-trucks and heavy machinery.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
