Search
Multi-Suite Office Building
For Sale
$389,500

115 S 3rd Street, Heber Springs, AR 72543

Commercial / Industrial, Heber Springs, AR

Property Size7,980 SF
Price / SF$48.81
Days on Market354

Property Features for 115 S 3rd Street

General Information

Property type Commercial Sale
Property subtype Other
Parking 5
Subdivision Heber Springs Original
Lot features Level
Directions From downtown Heber Springs, the property is across the street from the Cleburne County Courthouse on 3rd Street.
Standard status Active
Size 7,980 SF

Taxes and HOA fees

Tax Description Lot 9, S part lot 10, Block 43
Tax Annual Amount 3222
Legal Description Lot 9, S part lot 10, Block 43

Amenities

tile floors
tall ceilings
6 restrooms
storage areas
several private office
large meeting rooms
reception area
long hallway

Building Details

Year built 1981
Floors in Building 1
Flooring type Tile
Listing Agency: McKenzie Realty Group
Listed By: Michael Jett
Added: Oct 21, 2025 Changed: Oct 5 Last Checked: Oct 9 at 7:06AM
MLS# 25042215

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.

Located on the courthouse square in Heber Springs, this 7,980-square-foot office building dates to 1981. Its layout includes four suites, a reception area, several private offices, large meeting rooms, storage areas, six restrooms, and a central hallway. Tile flooring and tall ceilings are present throughout. The suites can be configured for one occupant or as four separate spaces, and all four are currently rented.

Private parking is available behind the building, with community parking around the courthouse. The roof was replaced in summer 2018.

Key Highlights

  • 7,980‑square‑foot office building on the Heber Springs courthouse square
  • All 4 suites are rented
  • Layout accommodates 1 tenant or up to 4 separate tenants

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open 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 Barber Shop Electrical Service HVAC Service Storage Facility

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Four occupied suites feature private offices, meeting rooms, restrooms, and a central hallway.
Where is this office building located?
The property is located at 115 S 3rd Street 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 Heber Springs courthouse square; All 4 suites are rented; Layout accommodates 1 tenant or up to 4 separate tenants
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again