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Mixed-Use Building with Four Entrances
For Sale
$565,000

20 Town Square ST, Greenwood, AR 72936

Commercial, Greenwood, AR

Property Size7,400 SF
Price / SF$76.35
Days on Market95

Property Features for 20 Town Square ST

General Information

Property type Commercial Sale
Property subtype Other
Parking features On Street
Directions Take hwy 71 to W Center Street, take left on N. Aster Street around the Old Town Square, building on the right
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
Legal 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 Vinyl, Other-specify in remarks, Carpet, Tile - Ceramic, Laminate
Listing Agency: McGraw REALTORS
Listed By: Carrie Gibson
Added: Jul 4 Changed: Oct 6 Last Checked: Oct 6 at 4:06PM
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.

Investment Insights

Based on property information with market context.

Located at 20 Town Square ST in Greenwood, this 7,400-square-foot mixed-use commercial building was constructed in 1969 and arranged around four separate entrances. The property includes a storefront-facing foyer, multiple private rooms, reception and living areas, storage, common restrooms, shared hallways, and a fitness area with an office and private restroom.

The largest suite contains a coffee and tea café with a full kitchen and storage. Additional suites are configured for massage therapy and tanning services, while the fourth suite houses a fitness and workout center. The building is 75% leased, with the owner occupying the remaining 25%; the owner-occupied area may be leased or reconfigured for additional tenancy. A 7.43% cap rate is provided. Interior finishes include laminate, vinyl, ceramic tile, and carpet, with central heating, natural gas, central air, and on-street parking. Trade fixtures and furniture do not convey.

Key Highlights

  • 7,400‑square‑foot mixed‑use commercial building on 20 Town Square ST
  • Four separate entrances serving multiple suites and shared areas
  • 75% leased, with the owner occupying the remaining 25%

Property Analytics

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Current Use

Spa & wellness properties

Lease Details

75%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 72936, AR

14,515
Population
6,019
Households
2.4
Avg Household Size
38
Median Age
27%
College-Educated
92%
High-School Grad
80.9 sq mi
ZIP Area
179
Density / Sq Mi
$72,213
Median Household Income
$45,724
Median Earnings
$824
Median Rent
$197,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial building with multiple suites, wellness-oriented layouts, a café space, and current occupancy across the property.
Where is this mixed-use property located?
The property is located at 20 Town Square ST 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: 7,400‑square‑foot mixed‑use commercial building on 20 Town Square ST; Four separate entrances serving multiple suites and shared areas; 75% leased, with the owner occupying the remaining 25%
More about this property
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