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    355 S Main St Monticello, AR 71655

    Sponsored
    For Sale
    $400,000

    Building and Land - Monticello, AR

    Property size:
    9,039 SF
    Lot size:
    0.90 Acres
    Days on Market:
    17
    Last Refresh:
    Jan 7 at 11:06 pm

    Property Features for 355 S Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    703-00918-000-C
    Parking
    30
    Size
    9,039 SF
    Lot size
    0.90 Acres

    Building Details

    Year built
    1932
    Floors in Building
    2
    Architectural style
    Other

    Wilkerson Real Estate Company (870) 224-4322

    Listing agent Connor Wilkerson (870) 224-4322

    Listing date Dec 22, 2025

    MLS# 25049718 Listing URL

    Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Building with Income Potential

    This historic brick commercial building, formerly a Coca-Cola factory, offers multiple income-producing rental opportunities. The 9,039 square foot property features a restaurant space, a large open-concept area currently leased as a barber shop, and a spacious second-story penthouse suite. The property includes a large parking lot and an additional designated area suitable for a food truck with utility hookups available. Situated on 0.9 acres, this versatile property offers strong visibility, steady income potential, and room for future growth in Monticello, Arkansas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    870 Barber Lounge Barber Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Monticello
    County
    Drew
    State
    Arkansas
    Longitude
    -91.791329
    Latitude
    33.623718

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    FAQs

    What type of property is this?
    Restaurant - Versatile commercial property with restaurant, retail, and residential income.
    Where is this restaurant located?
    The property is located at 355 S Main St Monticello, AR.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Multiple income-producing rental opportunities including restaurant, barber shop, and penthouse.; - **Large parking lot** and designated food truck area with utility hookups.; - **Spacious second-story penthouse suite.**
    (870) 814-5624
    Request Owner's contact information
    355 S Main St Monticello, AR 71655
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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
    355 S Main St Monticello, AR 71655
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