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Downtown Retail Building
For Sale
$169,900

223 S Main St, Malvern, AR 72104

Historic commercial building in the Malvern Commercial Historic District, offered as building-only for flexible retail or service uses.

Property Size2,483 SF
Price / SF$68.43
Days on Market448

Property Features for 223 S Main St

General Information

Standard status Active
Size 2,483 SF

Taxes and HOA fees

Annual Taxes $282
Listing Agency: McGraw Realtors - HS
Listed By: Julia Brey
Source: Exprealty
Added: Jun 18, 2025 Changed: Aug 20 Last Checked: Sep 7 at 2:33PM

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 McGraw Realtors - HS

Investment Insights

Based on property information with market context.

This downtown commercial property is offered as building only and is located within the Malvern Commercial Historic District. The structures in this area reflect construction spanning from 1897 to the mid-1920s, providing an established historic setting for a variety of street-level concepts.

The offering is described as highly visible, with nearby retail activity including a clothing boutique, an ice cream shop, and Miller's Drug Store within a few steps.

The property is presented as suitable for retail, restaurant/cafe, beauty salon/barbershop, day care, short-term rental, venue, or office space, subject to applicable approvals and regulations.

Key Highlights

  • Historic commercial building in the Malvern Commercial Historic District
  • Downtown Malvern area with historic structures dating from 1897 to the mid‑1920s
  • Building‑only offering with flexible potential for retail, restaurant/cafe, beauty salon/barbershop, day care, short‑term rental, venue, or office use

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Spa & Massage Center Parking Lot & Garage Skin Care Clinic

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

426
Businesses Nearby
Balanced
Demand for This Use

Demographics for 72104, AR

23,456
Population
9,771
Households
2.4
Avg Household Size
41
Median Age
15%
College-Educated
88%
High-School Grad
326.5 sq mi
ZIP Area
72
Density / Sq Mi
$51,492
Median Household Income
$33,672
Median Earnings
$768
Median Rent
$117,300
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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Similar Off Market Nearby

  • Country Garden Florist 208 S Main St, Malvern, AR 72104
  • Malvern Florist & Gifts 133 S Main St, Malvern, AR 72104

Frequently Asked Questions

What type of property is this?
Storefront property - Historic commercial building in the Malvern Commercial Historic District, offered as building-only for flexible retail or service uses.
Where is this storefront property located?
The property is located at 223 S Main St Malvern, AR.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Historic commercial building in the Malvern Commercial Historic District; Downtown Malvern area with historic structures dating from 1897 to the mid‑1920s; Building‑only offering with flexible potential for retail, restaurant/cafe, beauty salon/barbershop, day care, short‑term rental, venue, or office use
More about this property
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