Two-Unit Brick Storefront
206 E Main Street Gentry, AR 72734
New
For Sale
$275,000
Leased two-unit brick property on a high-traffic Main Street corridor with central gas heat and electric air.
Property Size1,800 SF
Price / SF$152.78
Days on Market3
Property Features for 206 E Main Street
General Information
- Standard status
- Active
- Size
- 1,800 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1939
Listing Agency:
Limbird Real Estate Group
(855) 755-7653
Listed By:
The Limbird Team
(855) 755-7653
Source:
Exitrealty
Added: Jul 22
Changed: Jul 24
Last Checked: Jul 24 at 6:36AM
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.
Own a piece of downtown Gentry with this brick commercial building at 206 E Main St. Constructed in 1939, the property offers 1,800 SF arranged as two units and is currently leased. The building is described as a turnkey investment generating $15,600 in annual income with immediate cash flow already in place.
Positioned in the Central Business District along a high-traffic corridor, the location is noted to have more than 5,500 vehicles passing daily. The building includes central gas heat and electric air, and all public utilities are in place, including water, sewer, gas, electric, and fiber optic. Exterior construction is identified as brick and concrete block. Parking is available both on-site and on-street, with major road access for day-to-day convenience.
For owners seeking a straightforward, income-producing retail asset in Gentry, this two-unit storefront building combines long-standing construction with an actively leased setup.
Positioned in the Central Business District along a high-traffic corridor, the location is noted to have more than 5,500 vehicles passing daily. The building includes central gas heat and electric air, and all public utilities are in place, including water, sewer, gas, electric, and fiber optic. Exterior construction is identified as brick and concrete block. Parking is available both on-site and on-street, with major road access for day-to-day convenience.
For owners seeking a straightforward, income-producing retail asset in Gentry, this two-unit storefront building combines long-standing construction with an actively leased setup.
Key Highlights
- Brick commercial building at 206 E Main St in Gentry’s Central Business District
- Built in 1939; 1,800 SF two‑unit building that is currently leased
- Annual income of $15,600 (property is leased and generating income)
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.3k | $17.40 |
| − Vacancy | −$2.1k | −$1.15 |
| EGI | $29.3k | $16.25 |
| − OpEx | −$8.8k | −$4.88 |
| NOI | $20.5k | $11.38 |
1,800 SF · lease $17.40/SF/yr · vacancy 6.60% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Off Market Nearby
- Falyn’s Flowers and Gifts LLC — 120 E Main St, Gentry, AR 72734
FAQs
What type of property is this?
Storefront property - Leased two-unit brick property on a high-traffic Main Street corridor with central gas heat and electric air.
Where is this storefront property located?
The property is located at 206 E Main Street 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: Brick commercial building at 206 E Main St in Gentry’s Central Business District; Built in 1939; 1,800 SF two‑unit building that is currently leased; Annual income of $15,600 (property is leased and generating income)
