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    118 E Main St Charleston, AR 72933

    For Sale
    $220,000

    Office - Charleston, AR

    Type:Office
    Property size:
    2,234 SF
    Lot size:
    1.60 Acres
    Days on Market:
    36
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 118 E Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Zoning
    None
    APN
    008-00567-000
    Size
    2,234 SF
    Lot size
    1.60 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1951
    Flooring type
    Tile, Tile - Ceramic, Wood
    Building materials
    Brick
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Flanagan Realty (479) 274-0888

    Listing agent Lacy Flanagan (479) 274-0888

    Listing date Nov 6, 2025

    MLS# 1083672 Listing URL

    Copyright © 2025 Western River Valley Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land Opportunity

    This property presents a rare opportunity with 1.66 acres of land centrally located near businesses and schools in Charleston, AR. The site includes a two-story house with 4 bedrooms and 2 full bathrooms, which could be renovated for business purposes or removed to accommodate new construction. The property's location is suitable for various ventures, including a restaurant, fast food establishment, or strip mall. The existing house needs work and will be sold as-is. The property has 2234 square feet of property size.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Charleston
    County
    Franklin
    State
    Arkansas
    Longitude
    -94.042984
    Latitude
    35.297314

    Nearby Similar for Sale

    • $1,200,000
      11,921 SF

      Spacious Commercial Building in Charleston

      Versatile commercial building with ample parking and excellent location.
      22 N Greenwood St, Charleston, AR 72933
      View Details
    • New
      $285,000
      1,230 SF

      Highway 22 Commercial Opportunity

      1,230 sq ft building with carport on 0.63 acres.
      1232 W Main St, Charleston, AR 72933
      View Details
    • $384,000
      0.52 Acres

      Established Business for Sale

      Turnkey Lawn & Garden Equipment Business
      1102 Main St, Charleston, AR 72933
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.66 acres near businesses and schools in Charleston, AR.
    Where is this commercial land located?
    The property is located at 118 E Main St Charleston, AR.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: - Prime 1.66 acre lot (+/-) in a central location.; - Ideal for commercial development: **restaurant, fast food, strip mall, etc.**; - Located near businesses and schools.
    (479) 274-0888
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    Charleston, AR 72933
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    118 E Main St Charleston, AR 72933
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