Live Entertainment
For Sale
$3,990,000
Pending
128 W Central Avenue, Bentonville, AR 72712
CommercialSale, Bentonville, AR
Property Size7,882 SF
Lot Size0.12 Acres
Days on Market715
Property Features for 128 W Central Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Rooms
Basement
Parking features
On Street
Security features
Security
Appliances
ElectricWaterHeater
Lot features
Central Business District, City Lot
Directions
I-49 to Exit 87 & go West on SE 8th. Turn right on SE Moberly Lane, left on AR-72/E. Central Avenue and continue past the downtown square to the building on the right near the corner of West Central & NW "A" Streets.
Standard status
Pending
APN
01-01066-000
Size
7,882 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Description
Part of Lot 125 & 126 in original survey of City of Bentonville, approximately 45 ft. by 110 ft plus alley access to the north.
Tax Annual Amount
4093
Legal Description
Part of Lot 125 & 126 in original survey of City of Bentonville, approximately 45 ft. by 110 ft plus alley access to the north.
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Central
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
1927
Flooring type
Concrete, Tile, Wood, Vinyl
Building materials
Brick, Stucco
Roof type
Metal
Listing Agency:
Coldwell Banker Harris McHaney & Faucette-Bentonvi · Coldwell Banker Real Estate
(479) 273-3838
Listed By:
Sandy Loveless · License #SA00086768
(479) 619-8555
Added: Sep 9, 2024
Changed: Aug 19
Last Checked: Aug 24 at 6:06PM
MLS# 1286210
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.
The Plaza Theatre Building contains 7,882 square feet across a 4,902-square-foot main floor and 2,980 square feet spanning the mezzanine, second, and third floors. Built in 1927, the structure features brick and stucco construction, a metal roof, concrete, tile, wood, and vinyl flooring, plus central heating and cooling. It is currently used for live entertainment and special events with some retail activity. A month-to-month lease is in place with Meteor Guitar Gallery; the operating business is not included in the sale.
The property is located one block from Downtown Bentonville Square and the Razorback Greenway Trail. Crystal Bridges, Amazeum, The Momentary, 8th Street Market, and the new Walmart Corporate Headquarters are described as being within a short walk or bike ride. The north side provides alley access, while on-street parking and public parking garages are nearby. Downtown Core zoning supports the stated potential for restaurant or office use.
The property is located one block from Downtown Bentonville Square and the Razorback Greenway Trail. Crystal Bridges, Amazeum, The Momentary, 8th Street Market, and the new Walmart Corporate Headquarters are described as being within a short walk or bike ride. The north side provides alley access, while on-street parking and public parking garages are nearby. Downtown Core zoning supports the stated potential for restaurant or office use.
Key Highlights
- 7,882 square feet across a 4,902‑square‑foot main floor and 2,980 square feet on upper levels
- Live entertainment and special events venue with some retail use
- Built in 1927 with brick and stucco construction and a metal roof
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,299
Businesses Nearby
Explore this area
Business Placement
Demographics for 72712, AR
38,053
Population
16,245
Households
2.3
Avg Household Size
34
Median Age
49%
College-Educated
94%
High-School Grad
51.8 sq mi
ZIP Area
735
Density / Sq Mi
$102,073
Median Household Income
$56,675
Median Earnings
$1,197
Median Rent
$401,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Theater & concert hall - Multi-level venue with retail components, public utilities, and access to nearby on-street parking and public garages.
Where is this theater & concert hall located?
The property is located at 128 W Central Avenue Bentonville, AR.
What is the asking price?
The asking price for this property is $3,990,000.
What are key features of this property?
This property features: 7,882 square feet across a 4,902‑square‑foot main floor and 2,980 square feet on upper levels; Live entertainment and special events venue with some retail use; Built in 1927 with brick and stucco construction and a metal roof
