Updated Storefront With High
113 W Bean Street, Lincoln, AR 72744
For Sale
$319,900
CommercialSale, Lincoln, AR
Property Size2,285 SF
Price / SF$140
Days on Market210
Property Features for 113 W Bean Street
General Information
Property type
Property subtype
Lot features
Directions
Standard status
APN
Size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Amenities
high ceilings
concrete floors
new electrical
HVAC
TPO roofing
open floor plan
Building Details
Year built
Listing Agency:
Steve Fineberg & Associates
(479) 271-4161
Listed By:
Brennan Sharpe · License AR SA00084262
(479) 530-3774
Added: Apr 17
Changed: Oct 16
Last Checked: Nov 12 at 6:06AM
MLS# 1343089
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.
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Investment Insights
Based on property information with market context.
This 2,285-square-foot storefront property occupies a redesigned building originally constructed in 1910. The interior features high ceilings, concrete flooring, and an open arrangement that can support retail, office, personal service, or medical service uses. Recent improvements include new electrical systems, HVAC, and a TPO roof, while the building retains its historic character.
The property is located at 113 W Bean Street on the historic Lincoln city square. A current tenant is in place through 6/30/27, providing an established occupancy timeline for the property. The combination of updated infrastructure, flexible interior configuration, and square-facing placement makes this a distinctive commercial asset in Lincoln.
The property is located at 113 W Bean Street on the historic Lincoln city square. A current tenant is in place through 6/30/27, providing an established occupancy timeline for the property. The combination of updated infrastructure, flexible interior configuration, and square-facing placement makes this a distinctive commercial asset in Lincoln.
Key Highlights
- 2,285 SF storefront property at 113 W Bean Street
- High ceilings, concrete floors, and an open interior arrangement
- New electrical system, HVAC, and TPO roofing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,891
Cap Rate
8.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$537,820
$537.8K
Cap Rate 7%
$384,157
$384.2K
Cap Rate 9%
$298,789
$298.8K
Market Conditions
NOI Build-Up for 2,285 SF
Gross rent
$41.1K $18.00/SF
− Vacancy
−$2.7K −$1.19/SF
EGI
$38.4K $16.81/SF
− OpEx
−$11.5K −$5.04/SF
NOI
$26.9K $11.77/SF
Area
Washington County, AR
Vacancy
6.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$537,820
Cap Rate 7%
$384,157
Cap Rate 9%
$298,789
Alternative Uses
Best Use
Retail
$384.2K
$336.1K – $448.2K
NOI $26,891 @ 7.0% cap · market cap 8.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$613.3K
$536.7K – $715.6K
NOI $42,933 @ 7.0% cap · market cap 13.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
190
Businesses Nearby
11k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
6,437 visits/mo
0.1 miles
Arvest Bank
Shops & Services
2,453 visits/mo
0.2 miles
O'Reilly Auto Parts
Shops & Services
1,688 visits/mo
0.5 miles
Demographics for 72744, AR
5,227
Population
2,196
Households
2.4
Avg Household Size
40
Median Age
12%
College-Educated
88%
High-School Grad
79.0 sq mi
ZIP Area
66
Density / Sq Mi
$63,077
Median Household Income
$41,667
Median Earnings
$1,093
Median Rent
$168,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Storefront properties in Washington County, AR
Properties on Market for Storefront properties in Washington County
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Carter's Flowers and More — 117 W Bean St, Lincoln, AR 72744
Frequently Asked Questions
What type of property is this?
Storefront property - Renovated commercial space combines historic character with updated electrical, HVAC, and roofing systems.
Where is this storefront property located?
The property is located at 113 W Bean Street Lincoln, AR.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: 2,285 SF storefront property at 113 W Bean Street; High ceilings, concrete floors, and an open interior arrangement; New electrical system, HVAC, and TPO roofing
