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    Rogers Historical Downtown Office Building Title is generated by Realmo AI

    119 S 2nd Street, Rogers, AR 72756

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    Claim this Listing
    For Sale
    $2,300,000

    SINGLE_FAMILY - Rogers, AR

    Type:Office
    Property size:
    11,600 SF
    Lot size:
    0.20 Acres
    Price / SF:
    $198/SF
    Added:
    Apr 24, 2026
    Days on Market:
    51
    Last Refresh:
    Jun 13 at 2:06 am

    Property Features for 119 S 2nd Street

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    APN
    02-02225-000
    Size
    11,600 SF
    Lot size
    0.20 Acres

    Taxes and HOA fees

    Tax Description
    PLAT 3/14/1881 B-128 L10 EXC SE C N 30' ETC PT L11 BEG 69'E SW C ETC
    Tax Annual Amount
    8721

    Building Details

    Year built
    1987

    We can help!

    Listing Contact
    The Duley Group

    Listing agent The Duley Group

    Listing office Keller Williams Market Pro Realty - Rogers Branch 2225 Bellview Rd, Fayetteville, AR

    Listing date Apr 24, 2026

    MLS# 1343793

    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.

    HighLights

    • Prime location in the heart of Rogers Historical Downtown.
    • Large 11,600 SF two‑story office building with flexible layout.
    • High‑end wood finishes and abundant natural light create a professional and inviting environment.
    • Roof replaced in 2025.
    • Includes an additional lot with six parking spaces.
    • Versatile property suitable for office, boutique hotel, wellness clinic, or other uses.

    Overview

    Located in the heart of Rogers Historical Downtown, this 11,600 square foot, two-story office building offers a space designed to enhance business operations. The property features expansive office layouts and high-end wood finishes. Natural light fills the building, creating a bright work environment on both levels. The flexible layout includes large offices, balancing privacy and collaboration. The roof was replaced in 2025. An additional lot with six parking spaces is included, offering additional investment opportunities. The property could be used as an upscale office building, boutique hotel, or wellness clinic.

    Local Financial Insights For Office B

    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 $257.5k $22.20
    − Vacancy −$17.5k −$1.51
    EGI $240.0k $20.69
    − OpEx −$60.0k −$5.17
    NOI $180.0k $15.52
    11,600 SF · lease $22.20/SF/yr · vacancy 6.80% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $2.57M
    $2.25M – $3.00M (±1% cap)
    NOI $180,006 @ 7.0% cap · market cap 7.83%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $3.19M
    $2.79M – $3.72M (±1% cap)
    NOI $223,143 @ 7.0% cap · market cap 9.70%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    David R. Matthews Law Firm Weber Kimberly R Law Firm Matthews, Campbell, Rhoads, ... Law Firm North Winds Investigations Law Firm Waddoups Sarah L Law Firm

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Rogers
    County
    Benton
    State
    Arkansas
    Longitude
    -94.117095
    Latitude
    36.332302

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    FAQs

    What type of property is this?
    Office building - Two-story, 11,600 SF office building in Rogers Historical Downtown.
    Where is this office building located?
    The property is located at 119 S 2nd Street Rogers, AR.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: Prime location in the heart of Rogers Historical Downtown.; Large 11,600 SF two‑story office building with flexible layout.; High‑end wood finishes and abundant natural light create a professional and inviting environment.
    (479) 616-4663
    We can help!
    Listing Contact
    The Duley Group
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