Two-Unit Brick
For Sale
$275,000
206 E Main St, Gentry, AR 72734
Leased commercial building with central gas heat, electric air, and fiber optic service.
Property Size1,800 SF
Price / SF$152.78
Days on Market73
Property Features for 206 E Main St
General Information
Standard status
Active
Size
1,800 SF
Zoning
Central Business District
Site & Location
Traffic Count
5,500 vehicles/day
Road Access
Yes
Utilities to Site
Yes
Additional Details
Gross Income
$15,600
Amenities
central gas heat and electric air
fiber optic
on-site parking
on-street parking
Building Details
Year Built
1939
Buildings
1
Construction
brick
Tenancy
Multi
Listing Agency:
Limbird Real Estate Group
Listed By:
The Limbird Team
(479) 372-6246
Source:
Thesummithometeam
Added: Aug 4
Changed: Oct 6
Last Checked: Oct 7 at 2:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Limbird Real Estate Group
Investment Insights
Based on property information with market context.
This 1,800-square-foot storefront property comprises two units within a brick and concrete block building constructed in 1939. The building is currently leased and includes central gas heat, electric air conditioning, and access to public water, sewer, gas, electric, and fiber optic utilities. On-site and street parking support daily tenant and customer access.
The property occupies a location in Gentry’s Central Business District at 206 E Main St, along a corridor carrying more than 5,500 vehicles daily. Major road access adds convenience for visitors and occupants, while the durable masonry construction provides a long-standing commercial framework.
The property occupies a location in Gentry’s Central Business District at 206 E Main St, along a corridor carrying more than 5,500 vehicles daily. Major road access adds convenience for visitors and occupants, while the durable masonry construction provides a long-standing commercial framework.
Key Highlights
- 1,800 SF two‑unit storefront building
- Built in 1939 with brick and concrete block construction
- Located in the Central Business District at 206 E Main St
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,477
Cap Rate
7.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$409,540
$409.5K
Cap Rate 7%
$292,529
$292.5K
Cap Rate 9%
$227,522
$227.5K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$31.3K $17.40/SF
− Vacancy
−$2.1K −$1.15/SF
EGI
$29.3K $16.25/SF
− OpEx
−$8.8K −$4.88/SF
NOI
$20.5K $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%
$409,540
Cap Rate 7%
$292,529
Cap Rate 9%
$227,522
Alternative Uses
Best Use
Retail
$292.5K
$256.0K – $341.3K
NOI $20,477 @ 7.0% cap · market cap 7.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$494.7K
$432.8K – $577.1K
NOI $34,626 @ 7.0% cap · market cap 12.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
5,500 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
232
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 72734, AR
7,905
Population
3,395
Households
2.3
Avg Household Size
37
Median Age
15%
College-Educated
90%
High-School Grad
81.6 sq mi
ZIP Area
97
Density / Sq Mi
$68,716
Median Household Income
$38,930
Median Earnings
$1,079
Median Rent
$198,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Falyn’s Flowers and Gifts LLC — 120 E Main St, Gentry, AR 72734
Frequently Asked Questions
What type of property is this?
Storefront property - Leased commercial building with central gas heat, electric air, and fiber optic service.
Where is this storefront property located?
The property is located at 206 E Main St Gentry, AR.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 1,800 SF two‑unit storefront building; Built in 1939 with brick and concrete block construction; Located in the Central Business District at 206 E Main St
