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Office Building
For Sale
$219,000

1615 S Arkansas Avenue, Russellville, AR 72801

COMMERCIAL - Russellville, AR

Property Size2,702 SF
Lot Size0.30 Acres
Price / SF$81.05
Days on Market155

Property Features for 1615 S Arkansas Avenue

General Information

Property type Commercial Sale
Property subtype Office
Lot features Central Business District
Directions From Downtown Russellville, head south on S Arkansas Ave (Hwy 7). Continue straight for about 1.5 miles-1615 S Arkansas Ave will be on your Left-hand side.
Standard status Active
APN 774-00002-000C
Size 2,702 SF
Lot size 0.30 Acres

Taxes and HOA fees

Tax Description LOT 3 & S/2 2 BLK A CITY OF RUSSELLVILLE
Tax Annual Amount 624
Legal Description LOT 3 & S/2 2 BLK A CITY OF RUSSELLVILLE

Building Details

Year built 1942
Listing Agency: Arkansas Real Estate Collective
Listed By: Boyd Osborne · License #EB00050326
Added: Mar 19 Changed: Aug 19 Last Checked: Aug 20 at 3:06AM
MLS# 1340055

Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This office property contains 2,702 square feet on a 0.3-acre parcel. Constructed in 1942, the building previously housed a tattoo studio and salon, providing a documented service-oriented configuration within the existing commercial space.

The property is located at 1615 S Arkansas Avenue in Russellville, Arkansas, 72801. Its established building footprint and prior business use provide a basis for continued office or service-oriented occupancy, subject to applicable requirements.

Key Highlights

  • 2,702 square feet of commercial building area
  • 0.3‑acre property
  • Built in 1942

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Grocery & Convenience Store Locksmith (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

214
Businesses Nearby

Demographics for 72801, AR

18,510
Population
7,530
Households
2.5
Avg Household Size
29
Median Age
26%
College-Educated
82%
High-School Grad
8.0 sq mi
ZIP Area
2,314
Density / Sq Mi
$42,363
Median Household Income
$22,473
Median Earnings
$837
Median Rent
$153,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Flexible commercial space with a prior tattoo studio and salon configuration.
Where is this office building located?
The property is located at 1615 S Arkansas Avenue Russellville, AR.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: 2,702 square feet of commercial building area; 0.3‑acre property; Built in 1942
More about this property
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