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Highway Retail Space
For Sale
$150,000

216 E Main Street, Norman, AR 71960

Commercial / Industrial, Traditional, Norman, AR

Property Size504 SF
Lot Size0.27 Acres
Price / SF$297.62
Days on Market131

Property Features for 216 E Main Street

General Information

Property type Commercial Sale
Property subtype Other
Interior features Window Treatments, In-Unit Bathroom
Subdivision Norman Original
Lot features Level, Not in Subdivision, Major Road Frontage, Neighbor Business
Directions From intersection of Hwy 27, Hwy 8 East, and East Main Street/Hwy 8 east/Hwy 27 go 0.2 miles South. Business in on the left.
Standard status Active
APN 082-00049-001
Size 504 SF
Lot size 0.27 Acres

Taxes and HOA fees

Tax Description PT LOTS 1-8 TRACK A
Tax Annual Amount 174
Legal Description PT LOTS 1-8 TRACK A

Building Details

Year built 1960
Floors in Building 1
Flooring type Concrete
Roof type Shingle
Architectural style Other
Listing Agency: Select Realty
Listed By: Derenda King
Added: Apr 13 Changed: Aug 19 Last Checked: Aug 21 at 10:06AM
MLS# 26013371

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. 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 504-square-foot retail building at 216 E Main Street is currently operating as a hair salon. The property includes concrete flooring, window treatments, and an in-unit bathroom, with a shingle roof and a compact commercial layout suited to continued retail or salon use. The building was constructed in 1960 and occupies 0.27 acres.

Recent improvements include a new roof, energy-efficient windows, mini-split HVAC systems, a new hot water heater, and updated electrical and plumbing systems. The property fronts a busy highway and is located near the Caddo River in Norman, providing a highway-oriented setting for a small commercial operation.

Key Highlights

  • 504 SF retail building on 0.27 acres
  • Currently operating as a hair salon
  • New roof and energy‑efficient windows

Property Analytics

Current Use

Tonya's Salon Hair Salon

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair Hair Salon Nail Salon Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

50
Businesses Nearby
3k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
3,061 visits/mo 0.2 miles

Demographics for 71960, AR

1,128
Population
688
Households
1.6
Avg Household Size
49
Median Age
14%
College-Educated
86%
High-School Grad
138.2 sq mi
ZIP Area
8
Density / Sq Mi
$53,125
Median Household Income
$38,333
Median Earnings
$931
Median Rent
$121,500
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Compact commercial building with salon improvements, updated systems, and an in-unit bathroom.
Where is this retail space located?
The property is located at 216 E Main Street Norman, AR.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 504 SF retail building on 0.27 acres; Currently operating as a hair salon; New roof and energy‑efficient windows
More about this property
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