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Brick Storefront with 14-Foot Ceilings
For Sale
$325,000

232 E Main St, Gentry, AR 72734

Leased commercial building with updated systems and off-street parking.

Property Size2,550 SF
Price / SF$127.45
Days on Market55

Property Features for 232 E Main St

General Information

Standard status Active
Size 2,550 SF

Site & Location

Traffic Count 5,500 vehicles/day
Utilities to Site Yes

Amenities

14-foot ceilings
flexible boutique-ready layout

Building Details

Buildings 1
Construction brick
Listing Agency: Limbird Real Estate Group
Listed By: The Limbird Team
Source: Thebesthomeprice
Added: Aug 21 Changed: Oct 14 Last Checked: Oct 7 at 4:22PM

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.

This 2,550 SF storefront at 232 E Main St features a brick exterior, a cinder block addition, and 14-foot ceilings. The property includes one restroom, off-street parking, and a flexible interior layout suited to boutique retail or similar commercial use. It is currently leased and carries a historical presence dating to the WWII era.

Recent improvements include a new HVAC system, PVC roof, and updated electrical and plumbing throughout. The building is zoned commercial, with fiber optic, gas, and public water/sewer available. Positioned on Main Street in the Central Business District, the property has a reported daily traffic count of 5,500 cars.

Key Highlights

  • 2,550 SF storefront with brick exterior and cinder block addition
  • Located at 232 E Main St in the Central Business District
  • Reported daily traffic count of 5,500 cars

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,009
Cap Rate
8.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,180 $580.2K
Cap Rate 7%
$414,414 $414.4K
Cap Rate 9%
$322,322 $322.3K
Market Conditions
NOI Build-Up for 2,550 SF
Gross rent
$44.4K $17.40/SF
− Vacancy
−$2.9K −$1.15/SF
EGI
$41.4K $16.25/SF
− OpEx
−$12.4K −$4.88/SF
NOI
$29.0K $11.38/SF
Area
Benton County, AR
Vacancy
6.60%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,180
Cap Rate 7%
$414,414
Cap Rate 9%
$322,322

Alternative Uses

Best Use
Retail
$414.4K
$362.6K – $483.5K (±1% cap)
NOI $29,009 @ 7.0% cap · market cap 8.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$700.8K
$613.2K – $817.6K (±1% cap)
NOI $49,053 @ 7.0% cap · market cap 15.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick HVAC Service Electrical Service Building Supply Furniture & Home Goods Auto Parts Store Law Firm

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

Lease Details

5,500 VPD
Traffic count
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

232
Businesses Nearby
Balanced
Demand for This Use

Demographics for 72734, AR

7,905
Population
3,395
Households
2.3
Avg Household Size
37
Median Age
15%
College-Educated
90%
High-School Grad
81.6 sq mi
ZIP Area
97
Density / Sq Mi
$68,716
Median Household Income
$38,930
Median Earnings
$1,079
Median Rent
$198,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

  • Falyn’s Flowers and Gifts LLC — 120 E Main St, Gentry, AR 72734

Frequently Asked Questions

What type of property is this?
Storefront property - Leased commercial building with updated systems and off-street parking.
Where is this storefront property located?
The property is located at 232 E Main St Gentry, AR.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 2,550 SF storefront with brick exterior and cinder block addition; Located at 232 E Main St in the Central Business District; Reported daily traffic count of 5,500 cars
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