Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Mixed-Use Retail with Loft Title is generated by Realmo AI

    301 S Main St, Malvern, AR 72104

    View on Map
    Claim this Listing
    For Sale
    $380,000

    Updated two-level property offers a main retail space with an expanded loft designed for bedroom and storage.

    Property size:
    4,921 SF
    Price / SF:
    $77/SF
    Added:
    Apr 16, 2026
    Days on Market:
    54
    Last Refresh:
    Jun 6 at 3:00 am

    Property Features for 301 S Main St

    General Information

    Standard status
    Active
    Size
    4,921 SF

    We can help!

    Listing Contact
    Kay Osborne
    Kay Osborne

    Listing agent Kay Osborne

    Listing office ERA TEAM Real Estate

    Listing date Apr 16, 2026

    Source Exprealty

    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 ERA TEAM Real Estate

    HighLights

    • Two‑level updated property with main retail space plus expanded loft area designed for a bedroom and storage
    • Upper level expanded to approx. 687 SF after 2000; includes plumbing and electrical for kitchen, shower, sink, and toilet
    • Downstairs includes a lounging room and space for a washer and dryer
    • Recent upgrades include two new heating and cooling units installed in 2023 for 2‑zone climate control
    • Main 16‑foot retail space upgraded to energy‑efficient LED lighting in early 2024
    • Updated in 1991; architectural plans are available for the building

    Overview

    This updated mixed-use property combines a main retail level with a residential-style loft above. The upper level was expanded after 2000 (approximately 687 sq. ft.) and includes plumbing and electrical infrastructure for a kitchen, shower, sink, and toilet, with even space planned for a bedroom and storage. The loft also includes a downstairs lounging room plus space for a washer and dryer.

    The property is positioned in downtown Malvern’s business district with good visibility and accessibility. Recent improvements include two new heating and cooling units installed in 2023 for two-zone climate control. In early 2024, lighting fixtures in the main 16-foot retail space were transitioned to energy-efficient LED lighting.

    For tenant-buyer scenarios, the configuration supports retail use on the ground floor with living quarters on the upper level, which can suit owner-users looking to combine storefront and personal space. Buyers can also evaluate the layout for mixed-use operation, given the separate functional areas and the existing kitchen and bath plumbing/electrical provisions. The listing also notes there is no monthly maintenance.
    Location Intelligence

    Current Use by Public Records

    Pintail Motors Car Dealership TKC Roofing Roofing Company

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Malvern
    County
    Hot Spring
    State
    Arkansas
    Longitude
    -92.818027
    Latitude
    34.371232

    Nearby Similar for Sale

    • $347,000
      3,260 SF

      Malvern Multi-Unit Investment Opportunity

      Three rental units with expansion potential in Malvern, Arkansas.
      1221 & 1221-1/2 Georgia Street, Malvern, AR 72104
      View Details
    • $936,000
      9,100 SF

      Dollar General NNN Investment Opportunity

      NNN leased Dollar General with zero landlord responsibilities.
      7542 Hwy 270, Malvern, AR
      View Details
    • $1,025,000
      5,244 SF

      Medical Clinic on Corner Site

      5,244 SF medical clinic on 0.93 acres for sale.
      1590 Tanner St, Malvern, AR 72104
      View Details
    • Contact for pricing
      5,000 SF

      Malvern Commercial Property For Sale

      Commercial property available for purchase in Malvern, Arkansas.
      339 S Grant Cutoff, Malvern, AR 72104
      View Details
    • $50,000

      Malvern, AR Land For Sale

      Land available in Malvern, Arkansas.
      1320 Spruce Street lot: 7-11,7-12, Malvern, AR 72104
      View Details
    • $139,500
      1,467 SF

      Malvern Restaurant Opportunity For Sale

      Established restaurant with drive-through, seating, and fully equipped kitchen.
      1216 E Page Addition Avenue, Malvern, AR 72104
      View Details
    • $49,500
      920 SF

      Updated Office Building in Malvern

      Updated office building with potential in downtown Malvern, Arkansas.
      132 Second Street, Malvern, AR 72104
      View Details
    • $45,000

      Highway Commercial Lot For Sale

      Commercial lot near I-30, ideal for food truck.
      0000 Hwy 270, Malvern, AR 72104
      View Details

    FAQs

    What type of property is this?
    Live-work space - Updated two-level property offers a main retail space with an expanded loft designed for bedroom and storage.
    Where is this live-work space located?
    The property is located at 301 S Main St Malvern, AR.
    What is the asking price?
    The asking price for this property is $380,000.
    What are key features of this property?
    This property features: Two‑level updated property with main retail space plus expanded loft area designed for a bedroom and storage; Upper level expanded to approx. 687 SF after 2000; includes plumbing and electrical for kitchen, shower, sink, and toilet; Downstairs includes a lounging room and space for a washer and dryer
    (501) 339-8779
    We can help!
    Listing Contact
    Kay Osborne
    Kay Osborne
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    301 S Main St, Malvern, AR
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!