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Two-Building Retail Property
For Sale
$285,000

1859 Rice Street, Little Rock, AR 72202

Commercial / Industrial, Traditional, Little Rock, AR

Property Size2,685 SF
Lot Size0.46 Acres
Price / SF$106.15
Days on Market58

Property Features for 1859 Rice Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Neighborhood Commercial
Parking 20
Exterior features Partially Fenced
Fencing Partial
Subdivision Adams
Lot features Level, Corner Lot
Directions Property is located at the corner of Wright Ave. and Rice streets.
Standard status Active
Size 2,685 SF
Lot size 0.46 Acres

Taxes and HOA fees

Tax Annual Amount 2000

Building Details

Year built 1928
Floors in Building 1
Flooring type Vinyl, Carpet - Partial
Roof type Shingle, Composition, Built-Up
Architectural style Other
Listing Agency: Access Realty, Inc.
Listed By: Rocky Herman
Added: Jul 10 Changed: Sep 3 Last Checked: Sep 5 at 6:06PM
MLS# 26028421

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. 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 retail offering includes two commercial buildings totaling 2,685 square feet on 0.46 acres. The Rice Street building is occupied by a barber shop, with existing barber equipment included in the sale. The Wright Avenue building was most recently used for daycare and is described as suitable for restaurant use. Vinyl flooring, partial carpet, partial fencing, and a combination of shingle, composition, and built-up roofing are present. Both buildings have independent utility services, and the improvements date to 1928.

The property includes multiple parking spaces and sits in an area described as having heavy traffic flow. The buildings are being sold as-is and are available for scheduled appointments with 24-hour notice.

Key Highlights

  • Two commercial buildings totaling 2,685 square feet
  • 0.46‑acre property with multiple parking spaces
  • Separate utilities serve each building

Property Analytics

Current Use

Esquire Barber Barber Shop Zee's Detailing Car Wash

Suggested Use

Top Pick Real Estate Agency Pharmacy Skin Care Clinic Auto Parts Store HVAC Service Gym & Fitness Center

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

538
Businesses Nearby

Demographics for 72202, AR

10,340
Population
7,403
Households
1.4
Avg Household Size
37
Median Age
49%
College-Educated
93%
High-School Grad
7.1 sq mi
ZIP Area
1,456
Density / Sq Mi
$54,167
Median Household Income
$42,981
Median Earnings
$1,040
Median Rent
$246,900
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Retail space - Separate utility services support flexible operation across the two commercial buildings.
Where is this retail space located?
The property is located at 1859 Rice Street Little Rock, AR.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Two commercial buildings totaling 2,685 square feet; 0.46‑acre property with multiple parking spaces; Separate utilities serve each building
More about this property
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