Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    385 Main St Mammoth Spring, AR 72554

    Sponsored
    For Sale
    $215,000

    SINGLE_FAMILY - Mammoth Spring, AR

    Type:Retail
    Lot size:
    0.17 Acres
    Days on Market:
    119
    Last Refresh:
    Jan 21 at 10:06 am

    Property Features for 385 Main St

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Bathroom 3, Bathroom 2, Bathroom 1
    APN
    73526362000
    Parking features
    On Street
    Fencing
    Chain Link
    Lot size
    0.17 Acres

    Utilities

    Utilities
    Water Available
    Heating system
    Electric (Heating)
    Cooling system
    Electric

    Building Details

    Year built
    1950
    Roof type
    Metal

    We can help!

    Listing Contact
    David Fletcher

    United Country- Cozort Realty, INC. (417) 280-6604 [email protected]

    Listing agent David Fletcher (870) 750-1341

    Listing date Sep 25, 2025

    Copyright © 2025 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Historic Mixed-Use Building, Mammoth Spring

    Located on a corner lot along Main Street in Mammoth Spring, Arkansas, this 2-story property offers a blend of history, charm, and income-producing potential. The building, once the town's movie theater, has been adapted over time. The main level is currently home to a coffee shop, leased at $550 per month with a 1-year agreement. It includes a commercial kitchen, a bathroom, and a storage area. The basement, with outside access to a fenced backyard, was previously used as a 2-bedroom, 1-bath apartment. The top level features a 3-bedroom, 1-bath apartment with renovations completed and unfinished improvements in progress, including plans for an additional bathroom. Each level has its own electric meter. A new roof has been installed. Parking is available on three sides of the building. The property sits on a 0.17-acre lot. The location along Main Street ensures visibility and accessibility. This property offers versatility and long-term potential. It can be used as a multi-unit income property or a live-work opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gwiz Signs Graphic Designer

    Suggested Use

    Realty agency Restaurant Dental Office Hair Salon Building Supply Clothing Store Auto Repair Shop Pharmacy Hotel & Motel Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Mammoth Spring
    County
    Fulton
    State
    Arkansas
    Longitude
    -91.541592
    Latitude
    36.495718

    Nearby Similar for Sale

    • $215,000
      4,000 SF

      Historic Mixed-Use Building, Prime Location

      Historic mixed-use building with commercial, residential, and rental opportunities.
      385 Main St, Mammoth Spring, AR 72554
      View Details
    • $1,950,000
      3,400 SF

      Turn-Key Restaurant Opportunity

      Established restaurant serving regional traffic near the Spring River.
      225 Main St, Mammoth Spring, AR 72554
      View Details
    • $1,950,000

      Turn-Key Restaurant Business Opportunity

      Regional landmark restaurant with real estate for sale in Arkansas.
      225 Main St, Mammoth Spring, AR 72554
      View Details
    • $699,000
      4.03 Acres

      Commercial Property on 4.03 Acres

      5,000 sq ft commercial building on 4.03 acres.
      746 Highway 63 S, Mammoth Spring, AR 72554
      View Details
    • $699,000
      5,000 SF

      Commercial Building on 4 Acres

      5,000 sq ft commercial building on 4.03 acres.
      746 Highway 63 South, Mammoth Spring, AR 72554
      View Details
    • $89,900
      3,029 SF

      Former Medical Clinic on Main

      3,029 SF building in the main business district.
      260 Main St, Mammoth Spring, AR 72554
      View Details
    • $119,900
      4,108 SF

      Medical Clinic with Lease

      Commercial building with a three-year lease in place.
      227 Main St, Mammoth Spring, AR 72554
      View Details
    • $149,900

      Medical Clinic with Lease

      Commercial building in Mammoth Spring, AR, currently leased.
      227 Main St, Mammoth Spring, AR 72554
      View Details
    • $145,000

      16-Acre Hobby Farm Opportunity

      16-acre hobby farm with partially finished home ready for customization.
      81 Union Hill Rd, Mammoth Spring, AR 72554
      View Details
    • $35,000
      1,216 SF

      Country Home on Spacious Land

      2.5-acre property with a 3-bedroom home and shop building.
      130 Pleasant Run Rd, Mammoth Spring, AR 72554
      View Details
    • $299,900
      1,936 SF

      Remodeled Home with River Access

      Spacious, remodeled 2-bedroom home with river access and scenic views.
      168 Riverview Dr, Mammoth Spring, AR 72554
      View Details

    FAQs

    What type of property is this?
    Coffee shop - Historic building with commercial, residential, and rental opportunities.
    Where is this coffee shop located?
    The property is located at 385 Main St Mammoth Spring, AR.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: - Income-producing property with existing coffee shop tenant ($550/month) and potential for additional rental income.; - Prime corner lot location on Main Street offering maximum visibility and accessibility.; - Versatile property suitable for investors, entrepreneurs, or those seeking a live-work opportunity.
    (417) 280-6604
    Request Owner's contact information
    385 Main St Mammoth Spring, AR 72554
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    385 Main St
    Mammoth Spring, AR 72554
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    385 Main St Mammoth Spring, AR 72554
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    David Fletcher
    Real Estate License ID: 2025005522
    (417) 280-6604
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.