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Remodeled Historic Office Unit
For Lease
$28 SF/Yr

118 E Spring Street, Fayetteville, AR 72701

COMMERCIAL - Fayetteville, AR

Space SizeContact for details
Lot Size0.14 Acres
Days on Market147

Property Features for 118 E Spring Street

General Information

Property type Commercial Lease
Property subtype Office
Parking 20
Parking features On Street, Parking Lot
Subdivision County Court
Lot features Central Business District, City Lot
Directions North College Avenue to Spring Street. East on Spring Street. Building is the first building on the north side of the street after you turn on Spring Street.
Standard status Active
Size 1,072 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Annual Amount 2611
Expense value 2500
Expense SecurityDeposit
Expense freq. One Time

Building Details

Year built 1905
Floors in Building 1
Listing Agency: Select Real Estate Group
Listed By: Mitch Anderson · License #EB00056496
Added: Mar 30 Changed: Aug 4 Last Checked: Aug 23 at 3:06PM
MLS# 1340514

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.

Investment Insights

Based on property information with market context.

This completely remodeled office unit is located in a historic downtown building and presents a fresh interior condition “inside and out.” The space is suited for professional office use, including therapy, legal, wellness, or other business formats.

The building sits at 118 E Spring Street in Fayetteville, on a 0.14-acre lot. It is just off the square and within walking distance of the federal and county courthouses, making it convenient for daily client and staff access.

The property was built in 1905 and includes both on-street parking and a parking lot. The total building size is 1,072 square feet.

Key Highlights

  • Completely remodeled office unit inside and out
  • 1,072 SF office space in a 1905 historic downtown building
  • 0.14‑acre lot at 118 E Spring Street, Fayetteville, AR

Property Analytics

Current Use

Lee Eugene MD Physician Be Salon Hair Salon Mayapple Salon & Boutique Hair Salon Manzini-Pace Lisa Counselor

Suggested Use

Top Pick Dental Office Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring Store Daycare Center

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

NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,901
Businesses Nearby

Demographics for 72701, AR

48,269
Population
20,057
Households
2.4
Avg Household Size
28
Median Age
42%
College-Educated
93%
High-School Grad
126.0 sq mi
ZIP Area
383
Density / Sq Mi
$50,413
Median Household Income
$27,305
Median Earnings
$973
Median Rent
$323,900
Median Home Value

Market

Lease Benchmarks for Fayetteville, AR

$25.23 /SF/Yr
Avg Asking Price
$10–$69.9 /SF/Yr
Price Range
3,441 SF
Avg Space Size

This space is priced 11% above the average of $25.23 /SF/Yr.

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 units - Completely remodeled downtown Fayetteville office unit with on-street and parking lot access.
Where is this office units located?
The property is located at 118 E Spring Street Fayetteville, AR.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Completely remodeled office unit inside and out; 1,072 SF office space in a 1905 historic downtown building; 0.14‑acre lot at 118 E Spring Street, Fayetteville, AR
More about this property
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