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    Renovated Mixed-Use Income Building Title is generated by Realmo AI

    113 & 115 E Davidson Street, Fayetteville, AR 72701

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    Claim this Listing
    Pending
    $599,000

    SINGLE_FAMILY - Fayetteville, AR

    Type:Office
    Property size:
    2,130 SF
    Lot size:
    0.14 Acres
    Added:
    Apr 21, 2026
    Days on Market:
    77
    Last Refresh:
    Jul 6 at 10:06 am

    Property Features for 113 & 115 E Davidson Street

    General Information

    Property type
    Residential
    Property subtype
    Office
    Parking features
    Assigned
    Standard status
    Pending
    APN
    765-04611-000
    Size
    2,130 SF
    Lot size
    0.14 Acres

    Taxes and HOA fees

    Tax Description
    PT LOT 9 of Davidson's Addition to the City of Fayetteville, Washington County, Arkansas
    Tax Annual Amount
    2705

    Building Details

    Year built
    1935
    Flooring type
    Tile, Vinyl

    We can help!

    Contact an agent
    Esther Graves
    Esther Graves

    Listing agent Esther Graves License #EB00088105

    Listing office Collier & Associates 2909 Glory Dr. #201, Augusta, AR

    Listing date Apr 21, 2026

    MLS# 1343637

    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

    • 1,470 SF front building with three fully leased office suites
    • Separate 660 SF residential unit, also rented
    • Completely renovated; recently refreshed with updated interiors
    • Improvements include new HVAC
    • Flooring includes vinyl and tile
    • Assigned parking

    Overview

    This renovated mixed-use income property features a 1,470 square foot front building with three fully leased office suites, plus a separate 660 square foot residential unit that is also rented. The property has been completely renovated and recently refreshed, with improvements that include new HVAC and updated interiors, along with additional recent enhancements aimed at maintaining long-term usability.

    Located at 113 & 115 E Davidson Street in Fayetteville, Arkansas 72701, the property is described as being in the historic district. It includes both commercial office space and an on-site residential component, which can help diversify tenant types within a single ownership footprint.

    For investors, this setup offers an opportunity to own a turnkey asset with existing rental occupancy, comprised of three office suite tenants and a separate residential tenant. For owner-users or brokers coordinating tenant transitions, the configuration may be useful as well, since the office suites are set up as independent units within the front building and the residential space is separated from the office component. The property’s recent renovation and HVAC updates are practical considerations for buyers seeking a cleaner, lower-maintenance starting point, with income-producing space already in place.

    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 $46.0k $21.60
    − Vacancy −$3.1k −$1.47
    EGI $42.9k $20.13
    − OpEx −$10.7k −$5.03
    NOI $32.2k $15.10
    2,130 SF · lease $21.60/SF/yr · vacancy 6.80% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $459.4K
    $402.0K – $536.0K (±1% cap)
    NOI $32,160 @ 7.0% cap · market cap 5.37%
    Second Best
    Apartment 5plus
    $242.3K
    $212.0K – $282.7K (±1% cap)
    NOI $16,960 @ 7.0% cap · market cap 2.83%
    Theoretical Best
    Office A
    $571.7K
    $500.3K – $667.0K (±1% cap)
    NOI $40,021 @ 7.0% cap · market cap 6.68%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Middleton Virginia Law Firm

    Suggested Use

    Kitchen & Bath Showroom Nursing Home Nursing Home Grocery & Convenience Store Daycare Center Food Market Furniture & Home Goods Home Appliance Store Carpet & Flooring Store Pet Grooming Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Washington
    State
    Arkansas
    Longitude
    -94.156799
    Latitude
    36.071093

    FAQs

    What type of property is this?
    Office units - Turnkey, renovated property with three leased office suites and a separate rented residential unit in the historic district.
    Where is this office units located?
    The property is located at 113 & 115 E Davidson Street Fayetteville, AR.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: 1,470 SF front building with three fully leased office suites; Separate 660 SF residential unit, also rented; Completely renovated; recently refreshed with updated interiors
    More about this property
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