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    Remodeled Downtown Entertainment Venue Title is generated by Realmo AI

    1004 and 1004 1/2 Garrison Avenue, Fort Smith, AR 72901

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    Claim this Listing
    For Sale
    $700,000

    Two combined buildings with bars, stage, dance floor, and patio.

    Type:Commercial/Industrial
    Property size:
    3,953 SF
    Price / SF:
    $177/SF
    Added:
    Mar 12, 2026
    Days on Market:
    117
    Last Refresh:
    Apr 8 at 1:11 am

    Property Features for 1004 and 1004 1/2 Garrison Avenue

    General Information

    Standard status
    Active
    Size
    3,953 SF
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1940

    We can help!

    Contact an agent
    Amber Dailey
    Amber Dailey

    Listing office McGraw REALTORS

    Listing date Mar 12, 2026

    Source Exitrealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of McGraw REALTORS

    HighLights

    • Fully remodeled commercial building in downtown Ft. Smith
    • Includes two separate bars, a stage, and a light up dance floor
    • Prime location with high visibility
    • Six restrooms for accommodating large crowds
    • Dedicated office space for smooth operations
    • Inviting outdoor patio

    Overview

    This is a fully remodeled commercial building in downtown Ft. Smith, comprising two side-by-side buildings that are open to one another. The 3,953 square-foot property features two separate bars, a stage, and a light-up dance floor, making it suitable for entertainment and nightlife. It includes six restrooms, dedicated office space, and an outdoor patio. The property offers versatility, visibility, and prime location appeal. It is suited for a vibrant event venue, a dynamic restaurant concept, or a multi-use space. The properties at 1004 1/2 and 1004 Garrison must be sold together.

    Local Financial Insights For Specialty 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 $59.3k $15.00
    − Vacancy −$3.9k −$0.99
    EGI $55.4k $14.01
    − OpEx −$13.8k −$3.50
    NOI $41.5k $10.51
    3,953 SF · lease $15.00/SF/yr · vacancy 6.60% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $593.4K
    $519.2K – $692.3K (±1% cap)
    NOI $41,536 @ 7.0% cap · market cap 5.93%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Healthcare Medical
    $841.0K
    $735.9K – $981.2K (±1% cap)
    NOI $58,873 @ 7.0% cap · market cap 8.41%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Club Kinkead's Bar & Pub Army Surplus (Bike/Boat/Book/etc) Store

    Suggested Use

    Department Store HVAC Service (Bike/Boat/Book/etc) Store Wine and Liquor Store Shopping Center & Mall Big Box & Wholesale Store Carpet & Flooring Store Kitchen & Bath Showroom Electronics & Wireless Store Bakery

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

    Similar Places Nearby

    • Tipsy's Pub — 1000 Garrison Ave, Fort Smith, AR 72901
    • Mad Ox Bar & Tap — 70 S 7th St, Fort Smith, AR 72901
    • Mi-wuk — 417 S 10th St, Fort Smith, AR 72901
    • The New Malibu — 1709 N A St, Fort Smith, AR 72901
    • The Hilltop — 1022 Towson Ave #4922, Fort Smith, AR 72901

    Location Insight

    • Map
    • Local Demand
    City
    Fort Smith
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.421689
    Latitude
    35.384397

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    FAQs

    What type of property is this?
    Bar & Pub - Two combined buildings with bars, stage, dance floor, and patio.
    Where is this bar & pub located?
    The property is located at 1004 and 1004 1/2 Garrison Avenue Fort Smith, AR.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: Fully remodeled commercial building in downtown Ft. Smith; Includes **two separate bars, a stage, and a light up dance floor**; Prime location with **high visibility**
    (479) 252-2370
    We can help!
    Contact an agent
    Amber Dailey
    Amber Dailey
    Real Estate License ID: SA00081458
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