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Four-Suite Office Building
For Sale
$389,500

115 S 3rd St, Heber Springs, AR 72543

Courthouse-square office property with rear private parking and a layout supporting multiple occupants.

Property Size7,980 SF
Price / SF$48.81
Days on Market36

Property Features for 115 S 3rd St

General Information

Standard status Active
Size 7,980 SF
Occupancy 100%

Additional Details

Office Units 4

Amenities

Tile floors
tall ceilings
6 restrooms
storage areas
private offices
large meeting rooms
reception area

Building Details

Year Built 1981
Buildings 1
Tenancy Multi
Listing Agency: McKenzie Realty Group
Listed By: Michael Jett
Source: Themoverealty
Added: Jul 26 Changed: Aug 28 Last Checked: Aug 29 at 12:37PM

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 McKenzie Realty Group

Investment Insights

Based on property information with market context.

This 7,980-square-foot office building contains four leased suites arranged along a central hallway. The interior includes tile flooring, tall ceilings, six restrooms, storage areas, private offices, meeting rooms, and a reception area. Its configuration can support a single occupant or as many as four separate tenants.

The property is located on the courthouse square at 115 S 3rd Street in Heber Springs, Arkansas. Private parking is available behind the building, with additional community parking around the courthouse. A new roof was installed in Summer 2018.

Key Highlights

  • 7,980‑square‑foot office building on the courthouse square
  • Four suites are currently rented
  • Layout supports 1 tenant or up to 4 different tenants

Property Analytics

Current Use

Counseling Associates Medical Clinic Sherry Lowery Foster Care Service Lacey Turner Foster Care Service Cary Carter Foster Care Service John Mccuin Counselor

Suggested Use

Top Pick Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Electrical Service HVAC Service Storage Facility Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Office units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

565
Businesses Nearby

Demographics for 72543, AR

12,175
Population
7,088
Households
1.7
Avg Household Size
50
Median Age
20%
College-Educated
90%
High-School Grad
113.7 sq mi
ZIP Area
107
Density / Sq Mi
$58,145
Median Household Income
$34,067
Median Earnings
$836
Median Rent
$180,300
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Courthouse-square office property with rear private parking and a layout supporting multiple occupants.
Where is this office building located?
The property is located at 115 S 3rd St Heber Springs, AR.
What is the asking price?
The asking price for this property is $389,500.
What are key features of this property?
This property features: 7,980‑square‑foot office building on the courthouse square; Four suites are currently rented; Layout supports 1 tenant or up to 4 different tenants
More about this property
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