Downtown Springdale Office/Retail
311 S Main Street Springdale, AR 72764
311 S Main Street, Springdale, AR, 72764
$284,762
For Sale
$284,762
Versatile commercial space in historic downtown Springdale near amenities.
Property Size996 SF
Price / SF$285.91
Days on Market206
Property Features for 311 S Main Street
General Information
- Standard status
- Active
- Size
- 996 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1957
Listing Agency
The Griffin Company Commercial Division-Springdale
(479) 871-6678
Listed by
Sarah Brothers · License #EB53350-D01
(479) 871-6678
Source
Exitrealty
Added: Dec 24, 2025 Checked: Jul 17 at 4:47 am
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 The Griffin Company Commercial Division-Springdale
Investment Insights
Based on property information with market context.
Located in historic Downtown Springdale, this property offers a versatile space suitable for office or retail use. The 996 square-foot layout includes an open area ideal for reception, retail display, or flexible workspace, along with two private offices, one of which has a separate entrance. Additional features include a kitchen, a full bathroom, and a laundry/mud room. A converted garage provides additional storage space, suitable for equipment, bikes, or inventory, though it is not included in the listed square footage. A new roof has been installed. The property is conveniently located near the Razorback Greenway, post office, fire station, restaurants, shopping, and service businesses, as well as nearby mixed-use developments. The property is zoned for office or retail use. According to the Springdale Planning Director, residential use may continue under grandfathered status provided use is continuous, vacancy does not exceed six months, and no changes increase nonconformity. Buyers should verify intended use and residential grandfathering with the city to their satisfaction.
Key Highlights
- Desirable downtown Springdale location with high foot traffic and proximity to amenities.
- Zoned for office or retail use, offering versatile business opportunities.
- Efficient layout with open area, private offices, kitchen, and full bathroom.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.5k | $21.60 |
| − Vacancy | −$1.5k | −$1.47 |
| EGI | $20.1k | $20.13 |
| − OpEx | −$5.0k | −$5.03 |
| NOI | $15.0k | $15.10 |
996 SF · lease $21.60/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$214.8K
$188.0K – $250.6K
NOI $15,038 @ 7.0% cap · market cap 5.28%
Second Best
Retail
$167.4K
$146.5K – $195.4K
NOI $11,721 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$267.3K
$233.9K – $311.9K
NOI $18,714 @ 7.0% cap · market cap 6.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Versatile commercial space in historic downtown Springdale near amenities.
Where is this office units located?
The property is located at 311 S Main Street Springdale, AR.
What is the asking price?
The asking price for this property is $284,762.
What are key features of this property?
This property features: Desirable downtown Springdale location with high foot traffic and proximity to amenities.; Zoned for office or retail use, offering versatile business opportunities.; Efficient layout with open area, private offices, kitchen, and full bathroom.
