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Historic Office Building
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Pending

229 W Capitol, Little Rock, AR 72201

Historic CBD property with a substantial floor plate and documented former department-store use.

Property Size36,900 SF
Days on Market380

Property Features for 229 W Capitol

General Information

Standard status Pending
Size 36,900 SF
Class C
Property subtype Office, Retail
Zoning CBD
Occupancy 33%
Investment Type Redevelopment

Additional Details

Asking Price $1,600,000

Building Details

Year Renovated 2016
Buildings 1
Stories 3
Building Size 36,900 SF
Listing Agency: Exp Commercial - Little Rock
Listed By: Danny Brickey · License #PB00075279
Source: Crexi
Added: Aug 19, 2025 Changed: Aug 29 Last Checked: Aug 29 at 4:30PM

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 Exp Commercial - Little Rock

Investment Insights

Based on property information with market context.

The Sterling Building is a historic office building containing approximately 36,900 square feet in a multi-story commercial structure. The property previously operated as the Sterling department store and is listed on the National Register of Historic Places.

Located at 229 W Capitol in Little Rock’s central business district, the building carries CBD zoning. Its historic designation may support eligibility for Federal and Arkansas State Historic Tax Credits, along with potential exterior easement tax benefits, subject to applicable requirements.

Key Highlights

  • Approximately 36,900 SF building area
  • Listed on the National Register of Historic Places
  • Former Sterling department store property

Property Analytics

Current Use

Gemini Fitness Gym & Fitness Center Perks Putts Indoor ... Golf Course PAR BAR Bar & Pub Midwest Litigation Services Film Production Lexitas Law Firm

Suggested Use

Top Pick Veterinary Clinic Butcher (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service Fish 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

3,365
Businesses Nearby

Demographics for 72201, AR

961
Population
628
Households
1.5
Avg Household Size
44
Median Age
78%
College-Educated
100%
High-School Grad
1.2 sq mi
ZIP Area
801
Density / Sq Mi
$112,045
Median Household Income
$71,188
Median Earnings
$1,344
Median Rent
$262,300
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Historic CBD property with a substantial floor plate and documented former department-store use.
Where is this office building located?
The property is located at 229 W Capitol Little Rock, AR.
What are key features of this property?
This property features: Approximately 36,900 SF building area; Listed on the National Register of Historic Places; Former Sterling department store property
(501) 666-7368 Call to check price and availability
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