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    20 Town Square, Greenwood, AR 72936

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    For Sale
    $565,000

    COMMERCIAL - Greenwood, AR

    Property size:
    7,400 SF
    Price / SF:
    $76/SF
    Added:
    Jul 4, 2026
    Days on Market:
    3
    Last Refresh:
    Jul 6 at 2:06 am

    Property Features for 20 Town Square

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    On Street
    Standard status
    Active
    APN
    63660-0012-00003-01
    Size
    7,400 SF

    Taxes and HOA fees

    Tax Description
    Lot 1 Block 4, Greenwood Original Town, except that part West of the West wall of Building B, Sebastian County, Arkansas, Section 12-Township 06-Range 31

    Utilities

    Heating system
    Central, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1969
    Flooring type
    Laminate, Tile - Ceramic, Carpet, Vinyl, Other-specify in remarks

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    Contact an agent
    Carrie Gibson

    Listing agent Carrie Gibson

    Listing office McGraw REALTORS 1120 Garrison Ave Suite 1, Fort Smith, AR

    Listing date Jul 4, 2026

    MLS# 1090188

    Copyright © 2026 Western River Valley Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Approximately 7,400 SF commercial building in Greenwood’s Old Town Square with four separate entrances
    • Currently 75% leased; owner occupies the remaining 25%
    • Cap rate of 7.43%
    • Main storefront facing the square with spacious foyer plus 3 additional rooms used for massage therapy
    • Largest suite includes a coffee and tea cafe, full kitchen, and ample storage; other suites support tanning, massage therapy, and a fitness/workout center
    • Heating: central natural gas; cooling: central air; parking: on‑street

    Overview

    This approximately 7,400-square-foot commercial building is set up for multiple tenants, with four separate entrances and shared common areas including restrooms, hallways, and additional storage. The main storefront faces the square and opens to a spacious foyer, with three additional rooms currently used for massage therapy. A large suite offers a coffee and tea cafe with a full kitchen plus ample storage. Another suite provides a larger reception/living area with three additional rooms currently configured for tanning services, along with storage. A third suite includes a welcoming foyer, three massage therapy rooms, and additional storage, supporting wellness-focused uses. The fourth suite operates as a fitness/workout center and includes an office and a private restroom.

    Located in Greenwood’s Old Town Square (Sebastian County, AR), the property’s frontage and multiple entry points are designed to serve both customers and tenants coming through different areas of the building.

    The property is currently 75% leased, with the owner occupying the remaining 25% and offering that space for lease as part of the opportunity. The configuration supports a mix of neighborhood-oriented retail and service tenants, with the option to lease the owner-occupied space or reconfigure for additional tenants. Trade fixtures and furniture do not convey.
    Property Profile Location Intelligence

    Current Use by Public Records

    Coffee shops

    Suggested Use

    Real Estate Agency Building Supply Hotel & Motel Big Box & Wholesale Store Spa & Massage Center Department Store Gym & Fitness Center Accounting Firm Storage Facility Dental Office

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

    Similar Places Nearby

    • Revived Coffee Co. — 624 W Center St, Greenwood, AR 72936
    • Lola’s Blessed Bean — 9 N Main St, Greenwood, AR 72936

    Location Insight

    • Map
    • Local Demand
    City
    Greenwood
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.255168
    Latitude
    35.213161

    FAQs

    What type of property is this?
    Coffee shop - Four-suite building with multiple entrances, currently 75% leased, combining cafe, massage, tanning, and fitness uses.
    Where is this coffee shop located?
    The property is located at 20 Town Square Greenwood, AR.
    What is the asking price?
    The asking price for this property is $565,000.
    What are key features of this property?
    This property features: Approximately 7,400 SF commercial building in Greenwood’s Old Town Square with four separate entrances; Currently 75% leased; owner occupies the remaining 25%; Cap rate of 7.43%
    More about this property
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