Downtown Springdale Office/Retail
311 S Main Street, Springdale, AR 72764
SINGLE_FAMILY - Springdale, AR
Type:Office
Property size:
996 SFLot size:
0.06 AcresPrice / SF:
$285/SF- Added:
- Dec 24, 2025
- Days on Market:
- 162
- Last Refresh:
- Jun 4 at 9:06 pm
Property Features for 311 S Main Street
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking
- 1
- Parking features
- On Street
- Exterior features
- Storage
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 815-25261-000
- Size
- 996 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Description
- The South Half (S/2) of Lot Numbered Six (6), in Block Numbered Fifteen (15) in Railroad Addition to the City of Springdale, Arkansas, as per plat of said Addition on file in the office of the Circuit Clerk and Ex-Officio Recorder of Washington County, AR
- Tax Annual Amount
- 664
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Natural Gas
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1957
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Wood, Tile
- Building materials
- Brick
- Roof type
- Shingle
- Additional Structures
- Storage
Listing agent Sarah Brothers License #EB53350-D01 (479) 871-6678
Listing office The Griffin Company Commercial Division-Springdale 5100 S Thompson, Springdale, AR (479) 268-5500
Listing date Dec 24, 2025
MLS# 1331419
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.
HighLights
- Prime Downtown Springdale Location: Conveniently situated near the Razorback Greenway, post office, fire station, restaurants, shopping, and mixed‑use developments.
- Versatile Zoning (Office/Retail): Suitable for a variety of business uses, offering flexibility for different ventures.
- Functional Layout: Includes an open area, two private offices (one with separate entrance), kitchen, full bathroom, and laundry/mud room.
- Additional Storage: Converted garage provides extra space for equipment, bikes, or inventory (not included in square footage).
- New Roof: Provides added peace of mind and reduces potential maintenance costs.
- Potential for Grandfathered Residential Use: Opportunity to continue residential use under specific conditions (buyer to verify).
Overview
Located in historic Downtown Springdale, this property offers an open area suitable for reception, retail, or flexible workspace. It includes two private offices, one with a separate entrance. The property features a kitchen, a full bathroom, and a laundry/mud room. Additional storage is available in the converted garage, which is not included in the listed square footage, suitable for equipment, bikes, or inventory. A new roof has been installed. The property is zoned for office or retail use. It is conveniently located near the Razorback Greenway, post office, fire station, restaurants, shopping, and service businesses, with nearby mixed-use developments. The property's efficient layout, desirable downtown location, and attractive size and price point contribute to its versatility. The lot size is 0.0633 acres. The property size is 996 square feet. According to the Springdale Planning Director, residential use may continue under grandfathered status provided use is continuous, vacancy does not exceed six months, and no changes increase nonconformity. The buyer is responsible for verifying intended use with the city.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.5k | $21.60 |
| − Vacancy | −$1.5k | −$1.47 |
| EGI | $20.1k | $20.13 |
| − OpEx | −$5.0k | −$5.03 |
| NOI | $15.0k | $15.10 |
996 SF · lease $21.60/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$214.8K
$188.0K – $250.6K
NOI $15,038 @ 7.0% cap · market cap 5.28%
Second Best
Retail
$167.4K
$146.5K – $195.4K
NOI $11,721 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$267.3K
$233.9K – $311.9K
NOI $18,714 @ 7.0% cap · market cap 6.57%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Office Units
Location Insight
- Map
- Local Demand
- City
- Springdale
- County
- Washington
- State
- Arkansas
- Longitude
- -94.132117
- Latitude
- 36.182938
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - Versatile commercial space in historic downtown Springdale, Arkansas.
Where is this office units located?
The property is located at 311 S Main Street Springdale, AR.
What is the asking price?
The asking price for this property is $284,762.
What are key features of this property?
This property features: Prime Downtown Springdale Location: Conveniently situated near the Razorback Greenway, post office, fire station, restaurants, shopping, and mixed‑use developments.; Versatile Zoning (Office/Retail): Suitable for a variety of business uses, offering flexibility for different ventures.; Functional Layout: Includes an open area, two private offices (one with separate entrance), kitchen, full bathroom, and laundry/mud room.
