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    1115-1117 Garrison Ave Fort Smith, AR 72901

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    For Sale
    $460,000

    9,575 SF retail/office space in Downtown Entertainment District.

    Property size:
    9,575 SF
    Lot size:
    0.16 Acres

    Property Features for 1115-1117 Garrison Ave

    General Information

    Size
    9,575 SF
    Lot size
    0.16 Acres

    Source: Seiter & Wright Commercial Properties Agent Dodge Mendenhall

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

    Overview

    Iconic Downtown Fort Smith Property

    Located at 1115 Garrison Avenue, this iconic Downtown Fort Smith property offers 9,575 square feet of retail or office space. The second floor features an open storage area at the back, along with a spacious apartment that includes a mezzanine. The property is situated in the heart of Fort Smith’s Downtown Entertainment District. A distinctive three-story patio is a highlight, with the top level providing views of Downtown Fort Smith. The property includes upgraded 400A power. Neighboring tenants include Johnston’s Quality Flowers, Red Roof Inn, the United States Post Office, C&H Tire, Harper Ellis HQ, Studio 6 Architects, Propak, and Immaculate Conception Church.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Law Firm Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Smith
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.42009
    Latitude
    35.384263

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    FAQs

    What type of property is this?
    Retail space - 9,575 SF retail/office space in Downtown Entertainment District.
    Where is this retail space located?
    The property is located at 1115-1117 Garrison Ave Fort Smith, AR.
    What is the asking price?
    The asking price for this property is $460,000.
    What are key features of this property?
    This property features: - Prime retail or office space with 9,575 square feet.; - Located in the heart of Fort Smith’s Downtown Entertainment District.; - Enjoy the distinctive three-story patio with top-level views of Downtown Fort Smith.
    (479) 785-4343
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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
    1115-1117 Garrison Ave Fort Smith, AR 72901
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