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Historic Mixed-Use Building
For Sale
$450,000

203 Public Square, Berryville, AR 72616

CommercialSale, Berryville, AR

Property Size5,460 SF
Lot Size0.16 Acres
Price / SF$82.42
Days on Market323

Property Features for 203 Public Square

General Information

Property type Commercial Sale
Property subtype Other
Parking features Parking Lot
Lot features City Lot
Directions East side of Public Square
Standard status Active
APN 875-00006-000
Size 5,460 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description LOT 2
Tax Annual Amount 1286
Legal Description LOT 2

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1920
Number of units 4
Flooring type Wood, Simulatedwood, Tile, Laminate, Carpet
Listing Agency: Montgomery Whiteley Realty
Listed By: Whiteley Team
Added: Nov 7, 2025 Changed: Sep 16 Last Checked: Sep 26 at 2:06PM
MLS# 1328091

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 5,460-square-foot mixed-use building dates to 1920 and combines residential, office, and restaurant components within a historic downtown property. The residential portion includes four apartments: two studios and two one-bedroom units. One apartment is nearly finished, while the other three have long-term tenants. The property also includes one office space and a restaurant of approximately 2,375 square feet that has operated at the location for years.

Located at 203 Public Square in Berryville, the building occupies 0.16 acres within the downtown square district. The property includes a parking lot and is served by public water and public sewer. Central heating and central air are installed, with tile, laminate, simulated wood, wood, and carpet flooring throughout the property.

Key Highlights

  • 5,460‑square‑foot mixed‑use building constructed in 1920
  • Four apartments: two studios and two one‑bedroom units
  • Approximately 2,375‑square‑foot restaurant established at the location for years

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Dental Office HVAC Service Real Estate Agency Hair Salon Bakery (Bike/Boat/Book/etc) Store

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

1
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

399
Businesses Nearby

Demographics for 72616, AR

10,625
Population
4,587
Households
2.3
Avg Household Size
38
Median Age
17%
College-Educated
79%
High-School Grad
203.5 sq mi
ZIP Area
52
Density / Sq Mi
$48,607
Median Household Income
$32,195
Median Earnings
$804
Median Rent
$167,200
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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four apartments, office space, and an established restaurant share a downtown square setting.
Where is this mixed-use property located?
The property is located at 203 Public Square Berryville, AR.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 5,460‑square‑foot mixed‑use building constructed in 1920; Four apartments: two studios and two one‑bedroom units; Approximately 2,375‑square‑foot restaurant established at the location for years
More about this property
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