Mixed-Use Building in
116 Broadway Street Siloam Springs, AR 72761
116 Broadway Street, Siloam Springs, AR, 72761
$1,300,000
For Sale
$1,300,000
Mixed-use property with retail, office, and loft apartments.
Property Size14,632 SF
Price / SF$88.85
Days on Market170
Property Features for 116 Broadway Street
General Information
- Standard status
- Active
- Size
- 14,632 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1992
Listing Agency
CBRE, Inc-Fayetteville
(870) 926-9224
Listed by
Zachary White · License #AB00089777
(870) 926-9224
Source
Exitrealty
Added: Jan 28 Checked: Jul 10 at 12:29 pm
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 CBRE, Inc-Fayetteville
Investment Insights
Based on property information with market context.
Located at 116 Broadway St in downtown Siloam Springs, this mixed-use building offers a combined retail, office, and fully furnished loft apartments. The property provides diverse income streams. The building has a size of approximately 14,632 square feet. The location is highly walkable, presenting a unique investment opportunity to own a piece of Siloam Springs' commercial and residential landscape.
Key Highlights
- Prime mixed‑use building in the heart of downtown Siloam Springs.
- Offers diverse income streams from retail, office, and fully furnished loft apartments.
- Total building size of ±14,632 SF.
Local Financial Insights For Apartment 5plus
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 | $230.0k | $15.72 |
| − Vacancy | −$13.3k | −$0.91 |
| EGI | $216.7k | $14.81 |
| − OpEx | −$97.5k | −$6.66 |
| NOI | $119.2k | $8.14 |
14,632 SF · lease $15.72/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Office B
$3.24M
$2.84M – $3.78M
NOI $227,056 @ 7.0% cap · market cap 17.47%
Second Best
Retail
$2.38M
$2.08M – $2.77M
NOI $166,455 @ 7.0% cap · market cap 12.80%
Theoretical Best
Office A
$4.02M
$3.52M – $4.69M
NOI $281,468 @ 7.0% cap · market cap 21.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Miller, Butler, Schneider, ...
Law Firm
Houston Enzymes
(Bike/Boat/Book/etc) Store
The Shop
Hair Salon
BeYOUtiful Hair by ...
Hair Salon
Southern Grace Shoppe
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with retail, office, and loft apartments.
Where is this mixed-use property located?
The property is located at 116 Broadway Street Siloam Springs, AR.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Prime mixed‑use building in the heart of downtown Siloam Springs.; Offers diverse income streams from retail, office, and fully furnished loft apartments.; Total building size of ±14,632 SF.
