El Dorado Commercial Property For
701 E Main St El Dorado, AR 71730
701 E Main St, El Dorado, AR, 71730
$189,000
For Sale
$189,000
COMMERCIAL - El Dorado, AR
Property Size1,374 SF
Lot Size0.47 Acres
Price / SF$137.55
Days on Market89
Property Features for 701 E Main St
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 00640-00014-0000
- Size
- 1,374 SF
- Lot size
- 0.47 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Lot 2, Block 2, Couch Addition
- Tax Annual Amount
- 1424
Building Details
- Year built
- 1964
- Floors in Building
- 1
Listing Agency
Southern Realty Group
(870) 881-9011
481 N Washington St, El Dorado, AR
Listed by
Cynthia Meadows
(870) 310-3100
Added: Apr 21 Checked: Jul 18 at 6:06 am
MLS# 26017720
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.
Investment Insights
Based on property information with market context.
This East Main property, previously operated as a mechanic shop and car lot, is ready for immediate use. The property includes 1,374 square feet of heated and cooled space, featuring an office area, a bathroom, and multiple service bays. A two-post car lift is already in place. Situated on a 0.47-acre lot, the property provides ample space for vehicle parking, inventory display, or equipment storage. The East Main location offers visibility and accessibility for customers, deliveries, and day-to-day operations. This property is suitable for those ready to own their workspace, relocate their current business, or seek a commercial investment.
Key Highlights
- Ready‑to‑go mechanic shop/car lot setup with existing office, bathroom, and service bays.
- Includes a two‑post car lift for immediate automotive or service use.
- Located on East Main, offering high visibility and easy access.
Local Financial Insights For Retail
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 | $16.5k | $12.00 |
| − Vacancy | −$989 | −$0.72 |
| EGI | $15.5k | $11.28 |
| − OpEx | −$4.6k | −$3.38 |
| NOI | $10.8k | $7.90 |
1,374 SF · lease $12.00/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$155.0K
$135.6K – $180.8K
NOI $10,849 @ 7.0% cap · market cap 5.74%
Second Best
Industrial
$78.5K
$68.7K – $91.6K
NOI $5,494 @ 7.0% cap · market cap 2.91%
Theoretical Best
Office A
$251.3K
$219.9K – $293.2K
NOI $17,589 @ 7.0% cap · market cap 9.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mallard Motors
Car Dealership
Similar For Sale Nearby
Similar Off Market Nearby
- Auto Body — 1401 s m.l.k. jr blvd, el dorado, ar 71730
- Sims Wrecker Services — 1513 Junction City Rd, El Dorado, AR 71730
- Jeans Beauty Parlor — 1314 E Short Hillsboro St, El Dorado, AR 71730
- Bullock's Upholstery & Design — 1605 E Faulkner St, El Dorado, AR 71730
FAQs
What type of property is this?
Auto shop - Mechanic shop and car lot with office and service bays.
Where is this auto shop located?
The property is located at 701 E Main St El Dorado, AR.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: Ready‑to‑go mechanic shop/car lot setup with existing office, bathroom, and service bays.; Includes a two‑post car lift for immediate automotive or service use.; Located on East Main, offering high visibility and easy access.
