Renovated Historic Office
For Lease
$13 SF/Yr
221 College Avenue, Fayetteville, AR 72701
CommercialLease, Fayetteville, AR
Space Size5,960 SF
Lot Size0.24 Acres
Days on Market49
Property Features for 221 College Avenue
General Information
Property type
Commercial Lease
Property subtype
Office
Rooms
Basement
Subdivision
Fayetteville Original
Lot features
Central Business District, City Lot
Directions
From North Fayetteville, go south to just past the intersection at Dickson Street. The property is no the right (west side) about 1/2 block south of that intersection
Standard status
Active
Size
5,935 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Annual Amount
9312
Expense value
10000
Expense
SecurityDeposit
Expense freq.
One Time
Building Details
Year built
1920
Listing Agency:
Coldwell Banker Harris McHaney & Faucette -Fayette · Coldwell Banker Real Estate
(479) 521-0220
Listed By:
George Faucette, Jr · License #EB00001940
(479) 530-1548
Added: Jul 28
Changed: Aug 19
Last Checked: Sep 14 at 5:06PM
MLS# 1357055
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.
Constructed in 1920, this office building offers three finished levels with a layout suited to an established professional practice. The interior includes 11-12 offices, two conference rooms, two staff work areas, three baths, and a kitchen. Original woodwork remains on the main level. The property was renovated in 1989 for law-firm use and renovated again in 2021. On-site parking accommodates 12-13 vehicles.
The building is located at 221 College Avenue in Fayetteville, within 100 feet of the Washington County Courthouse and courthouse annex. The downtown Fayetteville Square and Dickson Street entertainment center are approximately a five-minute walk away. A connected building at 215 N. College may also be leased, with the two properties linked by an interior secure hallway.
The building is located at 221 College Avenue in Fayetteville, within 100 feet of the Washington County Courthouse and courthouse annex. The downtown Fayetteville Square and Dickson Street entertainment center are approximately a five-minute walk away. A connected building at 215 N. College may also be leased, with the two properties linked by an interior secure hallway.
Key Highlights
- Three finished levels with 11‑12 offices, 2 conference rooms, 2 staff work areas, 3 baths, and a kitchen
- Originally constructed in 1920; renovated in 1989 and again in 2021
- Original woodwork remains on the main level
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,026
Businesses Nearby
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Business Placement
Demographics for 72701, AR
48,269
Population
20,057
Households
2.4
Avg Household Size
28
Median Age
42%
College-Educated
93%
High-School Grad
126.0 sq mi
ZIP Area
383
Density / Sq Mi
$50,413
Median Household Income
$27,305
Median Earnings
$973
Median Rent
$323,900
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Three finished levels retain original woodwork and include conference rooms, staff work areas, baths, and a kitchen.
Where is this office building located?
The property is located at 221 College Avenue Fayetteville, AR.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: Three finished levels with 11‑12 offices, 2 conference rooms, 2 staff work areas, 3 baths, and a kitchen; Originally constructed in 1920; renovated in 1989 and again in 2021; Original woodwork remains on the main level
