Updated Downtown
New
For Sale
$515,000
204 S Broadway Street, Siloam Springs, AR 72761
CommercialSale, Siloam Springs, AR
Property Size2,352 SF
Lot Size0.07 Acres
Price / SF$218.96
Days on Market2
Property Features for 204 S Broadway Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Lot features
Corner Lot, City Lot, Pond On Lot, Waterfront
Directions
From Hwy 412, turn north on Mt Olive St, then East on Alpine then South on Broadway
Standard status
Active
APN
03-02569-000
Size
2,352 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Description
PLAT 4/12/1894 B-73 LOT 3 & LOT 8 BLOCK 2 EXC HWY OF MORRIS & PATTON ADD-SILOAM SPRINGS
Tax Annual Amount
1623
Legal Description
PLAT 4/12/1894 B-73 LOT 3 & LOT 8 BLOCK 2 EXC HWY OF MORRIS & PATTON ADD-SILOAM SPRINGS
Utilities
Water front features
Pond
Water front
1
Amenities
parking lot next door
creek
hardwood floors
mini kitchen
Building Details
Year built
1915
Floors in Building
1
Flooring type
Wood
Listing Agency:
Uptown Real Estate
(479) 358-7999
Listed By:
Kendra Madewell · License #SA00098586
(479) 841-5413
Added: Oct 8
Last Checked: Oct 9 at 3:06AM
MLS# 1364540
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 2,352-square-foot storefront at 204 S Broadway Street has wood flooring, a rear mini kitchen, and two remodeled bathrooms. The exterior received a stucco finish in 2026, and the hardwood floors were refinished and restained in 2021. The building dates to 1915.
The property is in downtown Siloam Springs, with a parking lot next door. Its interior has been used for several businesses and is described as adaptable for retail, studio, office, cafe, or professional service uses.
The property is in downtown Siloam Springs, with a parking lot next door. Its interior has been used for several businesses and is described as adaptable for retail, studio, office, cafe, or professional service uses.
Key Highlights
- 2,352‑square‑foot storefront on a 0.07‑acre lot
- Built in 1915
- Exterior stucco finish completed in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,757
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$535,140
$535.1K
Cap Rate 7%
$382,243
$382.2K
Cap Rate 9%
$297,300
$297.3K
Market Conditions
NOI Build-Up for 2,352 SF
Gross rent
$40.9K $17.40/SF
− Vacancy
−$2.7K −$1.15/SF
EGI
$38.2K $16.25/SF
− OpEx
−$11.5K −$4.88/SF
NOI
$26.8K $11.38/SF
Area
Benton County, AR
Vacancy
6.60%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$535,140
Cap Rate 7%
$382,243
Cap Rate 9%
$297,300
Alternative Uses
Best Use
Retail
$382.2K
$334.5K – $446.0K
NOI $26,757 @ 7.0% cap · market cap 5.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$646.3K
$565.6K – $754.1K
NOI $45,244 @ 7.0% cap · market cap 8.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
675
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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
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Similar Off Market Nearby
- Brooke's Flowers & Gifts — 321 W Tulsa St A, Siloam Springs, AR 72761
Frequently Asked Questions
What type of property is this?
Storefront property - A rear mini kitchen and two remodeled restrooms complement the commercial interior.
Where is this storefront property located?
The property is located at 204 S Broadway Street Siloam Springs, AR.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: 2,352‑square‑foot storefront on a 0.07‑acre lot; Built in 1915; Exterior stucco finish completed in 2026
