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    401 Main St Little Rock, AR 72201

    For Sale
    $3,600,000

    41,000 SF multi-story office building in revitalized Main Street.

    Property size:
    41,000 SF
    Lot size:
    0.65 Acres

    Property Features for 401 Main St

    General Information

    Size
    41,000 SF
    Lot size
    0.65 Acres

    Source: Hathaway Group Agent Wes Martin, SIOR, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Little Rock Office Building

    This multi-story office building offers approximately 41,000 square feet of space and is strategically located in the heart of Little Rock’s revitalized Main Street Creative Corridor. The 3-story commercial structure is suitable for office, retail, studio, or mixed-use development. The property includes a 3-level parking garage attached to the building, providing approximately 90 parking spaces. Situated on a 0.64-acre corner lot, the building offers prime visibility in a walkable downtown setting. The building is the former home of KATV Channel 7, a well-known media landmark with a rich broadcasting history. It provides easy access to I-30, I-630, and public transportation. The building is eligible for State & Federal Historic Tax Credits. The property is surrounded by restaurants, shops, entertainment venues, and residential developments near Little Rock Technology Park. It is located within one block of popular eateries such as Samantha’s Tap Room & Wood Grill, Allsopp & Chapple, Bruno’s Little Italy, and Big Bad Breakfast, as well as the brand-new Bob R. Brooks, Jr. Justice Building, a total renovation of the historic Boyle Building which will house the Arkansas Attorney General’s office and the much-anticipated Restaurant Fleur. The property is zoned UU.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.270634
    Latitude
    34.744593

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    FAQs

    What type of property is this?
    Office building - 41,000 SF multi-story office building in revitalized Main Street.
    Where is this office building located?
    The property is located at 401 Main St Little Rock, AR.
    What is the asking price?
    The asking price for this property is $3,600,000.
    What are key features of this property?
    This property features: - Prime location in the revitalized Main Street Creative Corridor of downtown Little Rock.; - Attached 3-level parking garage with ±90 spaces.; - Eligible for State & Federal Historic Tax Credits.
    (501) 765-1585
    Request Owner's contact information
    401 Main St Little Rock, AR 72201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    401 Main St Little Rock, AR 72201
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