Retail Space with Expansion
For Lease
$17 SF/Yr
183/185 Mt. Olive, Siloam Springs, AR 72761
CommercialLease, Siloam Springs, AR
Space SizeContact for details
Days on Market81
Property Features for 183/185 Mt. Olive
General Information
Property type
Commercial Lease
Property subtype
Retail
Lot features
Central Business District
Directions
Heading west on 412, stay right onto Main Street. Continue until it ends, turn north onto S. Broadway Street, in two blocks, turn west on E. Central Street. Then, turn south on S. Mt. Olive Street. Property on east side of road.
Standard status
Active
Size
1,734 SF
Taxes and HOA fees
Expense value
2600
Expense
SecurityDeposit
Expense freq.
One Time
Building Details
Year built
1905
Listing Agency:
Elevation Real Estate and Management
(479) 715-8045
Listed By:
Corey Runnells · License #PB00065863
(479) 601-4299
Added: Jul 16
Changed: Sep 23
Last Checked: Oct 4 at 10:06PM
MLS# 1355581
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 1,734-square-foot commercial space supports retail or office occupancy and is offered under a gross lease structure. The building dates to 1905 and provides additional room for expansion within the property, giving an operator flexibility as needs change. Tenant responsibility is limited to phone and internet service.
The property is located at 183/185 Mt. Olive in downtown Siloam Springs, Arkansas, within ZIP Code 72761. Its central downtown setting provides a practical address for businesses seeking retail or office space in an established commercial area.
The property is located at 183/185 Mt. Olive in downtown Siloam Springs, Arkansas, within ZIP Code 72761. Its central downtown setting provides a practical address for businesses seeking retail or office space in an established commercial area.
Key Highlights
- 1,734 SF retail or office space
- Gross lease structure
- Additional room available for expansion within the building
Property Analytics
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Current Use
Lease Details
Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
581
Businesses Nearby
Explore this area
Business Placement
Demographics for 72761, AR
23,731
Population
9,101
Households
2.6
Avg Household Size
33
Median Age
29%
College-Educated
86%
High-School Grad
114.1 sq mi
ZIP Area
208
Density / Sq Mi
$69,620
Median Household Income
$35,724
Median Earnings
$936
Median Rent
$218,700
Median Home Value
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Market
Lease Benchmarks for Siloam Springs, AR
$15.17 /SF/Yr
Avg Asking Price
$9–$25 /SF/Yr
Price Range
1,977 SF
Avg Space Size
This space is priced 12% above the average of $15.17 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Flexible downtown space suitable for retail or office use under a gross lease structure.
Where is this retail space located?
The property is located at 183/185 Mt. Olive Siloam Springs, AR.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: 1,734 SF retail or office space; Gross lease structure; Additional room available for expansion within the building
