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Retail Space with Expansion Room
For Lease
$17 SF/Yr

183 S Mt Olive, Siloam Springs, AR 72761

COMMERCIAL - Siloam Springs, AR

Space SizeContact for details
Days on Market51

Property Features for 183 S Mt Olive

General Information

Property type Commercial Lease
Property subtype Retail
Lot features Central Business District
Directions Heading west on 412, stay right onto Main Street. Continue until it ends, turn north onto S. Broadway Street, property on west side of street.
Standard status Active
Size 675 SF

Taxes and HOA fees

Expense value 1900
Expense SecurityDeposit
Expense freq. One Time

Building Details

Year built 1905
Listing Agency: Elevation Real Estate and Management
Listed By: Corey Runnells · License #PB00065863
Added: Jul 1 Changed: Aug 4 Last Checked: Aug 20 at 8:06AM
MLS# 1353960

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 675-square-foot commercial space at 183 S Mt Olive in Siloam Springs offers a retail or office layout with expansion capacity within the building. Constructed in 1905, the property provides an established downtown setting for a commercial occupant.

The tenant is responsible for phone and internet service. The property is available for lease and accommodates either retail or office use.

Key Highlights

  • 675 square feet of commercial space
  • Suitable for retail or office use
  • Additional room to expand within the building

Property Analytics

Current Use

The Balloon Closet, Inc. Party Supply Store

Suggested Use

Top Pick Dental Office Kitchen & Bath Showroom Locksmith (Bike/Boat/Book/etc) Store Catering Service Pet Grooming Service

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
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

675
Businesses Nearby

Demographics for 72761, AR

23,731
Population
9,101
Households
2.6
Avg Household Size
33
Median Age
29%
College-Educated
86%
High-School Grad
114.1 sq mi
ZIP Area
208
Density / Sq Mi
$69,620
Median Household Income
$35,724
Median Earnings
$936
Median Rent
$218,700
Median Home Value

Market

Lease Benchmarks for Siloam Springs, AR

$15.94 /SF/Yr
Avg Asking Price
$9–$25 /SF/Yr
Price Range
1,826 SF
Avg Space Size

This space is priced 7% above the average of $15.94 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 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?
Retail space - Retail or office space with additional room to expand within the building.
Where is this retail space located?
The property is located at 183 S Mt Olive Siloam Springs, AR.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: 675 square feet of commercial space; Suitable for retail or office use; Additional room to expand within the building
More about this property
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