Mixed-Use Building with Retail
117-119 W Bean Street, Lincoln, AR 72744
For Sale
$544,180
CommercialSale, Lincoln, AR
Property Size5,718 SF
Price / SF$95.17
Days on Market210
Property Features for 117-119 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
updated open layouts
new lighting
high ceilings
crown molding
kitchenette
upgraded MEP systems
Building Details
Year built
Floors in Building
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 7:06AM
MLS# 1343093
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 5,718-square-foot mixed-use property, built in 1930, combines commercial space with unfinished residential areas. The main level contains two retail suites with open layouts, new lighting, high ceilings, crown molding, and a kitchenette. Two unfinished apartments are located upstairs, providing additional space within the building. Upgraded MEP systems support the property’s current configuration.
The retail space at 119 is occupied by a current tenant through a lease term ending in 2027. The property is located at 117-119 W Bean Street in Lincoln, Arkansas, less than 2 miles from Lincoln schools. Additional properties at 111 and 113 W Bean Street are also available for sale.
The retail space at 119 is occupied by a current tenant through a lease term ending in 2027. The property is located at 117-119 W Bean Street in Lincoln, Arkansas, less than 2 miles from Lincoln schools. Additional properties at 111 and 113 W Bean Street are also available for sale.
Key Highlights
- 5,718‑square‑foot mixed‑use property built in 1930
- Two main‑level retail suites with updated open layouts
- Two unfinished apartments located on the upper level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,797
Cap Rate
7.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$795,940
$795.9K
Cap Rate 7%
$568,529
$568.5K
Cap Rate 9%
$442,189
$442.2K
Market Conditions
NOI Build-Up for 5,718 SF
Gross rent
$68.6K $12.00/SF
− Vacancy
−$4.9K −$0.86/SF
EGI
$63.7K $11.14/SF
− OpEx
−$23.9K −$4.18/SF
NOI
$39.8K $6.96/SF
Area
Washington County, AR
Vacancy
7.20%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$795,940
Cap Rate 7%
$568,529
Cap Rate 9%
$442,189
Alternative Uses
Best Use
Retail
$961.3K
$841.2K – $1.12M
NOI $67,292 @ 7.0% cap · market cap 12.37%
Second Best
Mixed Use
$568.5K
$497.5K – $663.3K
NOI $39,797 @ 7.0% cap · market cap 7.31%
Theoretical Best
Office A
$1.53M
$1.34M – $1.79M
NOI $107,436 @ 7.0% cap · market cap 19.74%
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
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
182
Businesses Nearby
11k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
6,437 visits/mo
0.3 miles
Arvest Bank
Shops & Services
2,453 visits/mo
0.4 miles
O'Reilly Auto Parts
Shops & Services
1,688 visits/mo
0.3 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
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two updated storefront suites occupy the main level, with unfinished apartment space above and upgraded building systems.
Where is this mixed-use property located?
The property is located at 117-119 W Bean Street Lincoln, AR.
What is the asking price?
The asking price for this property is $544,180.
What are key features of this property?
This property features: 5,718‑square‑foot mixed‑use property built in 1930; Two main‑level retail suites with updated open layouts; Two unfinished apartments located on the upper level
