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    Historic Chester Mercantile & Gas Title is generated by Realmo AI

    335 E Front ST, Chester, AR 72934

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    For Sale
    $64,900

    COMMERCIAL - Chester, AR

    Property size:
    3,024 SF
    Lot size:
    0.24 Acres
    Price / SF:
    $21/SF
    Added:
    Nov 7, 2025
    Days on Market:
    192
    Last Refresh:
    May 18 at 7:06 pm

    Property Features for 335 E Front ST

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    RV
    Standard status
    Active
    APN
    720-00013-000-C
    Size
    3,024 SF
    Lot size
    0.24 Acres

    Taxes and HOA fees

    Tax Description
    S 1/2 Lot 11, Lot 12 Block 2 The Town Of Chester, Crawford County Arkansas

    Utilities

    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1947

    We can help!

    Listing Contact
    Laura McLean
    Laura McLean

    Listing agent Laura McLean License #SA00081842

    Listing office Keller Williams Platinum Realty 3300 S 70th St., Fort Smith, AR

    Listing date Nov 7, 2025

    MLS# 1085104

    Copyright © 2026 Western River Valley Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Historic vintage gas station and mercantile in the scenic Boston Mountains
    • 3,024 sq ft of space on a 0.25‑acre lot with endless potential
    • Located directly off I‑49, between Fort Smith and Fayetteville, ensuring high visibility
    • Features two RV & electric car hookups with power ready
    • Includes two vintage fuel pumps and a classic kerosene tank
    • Natural spring running through the back of the property and proximity to Clear Creek and the historic Beard and Lady Inn enhance its appeal

    Overview

    This historic Chester mercantile and vintage gas station is located in the Boston Mountains, off I-49 between Fort Smith and Fayetteville. The property, once the heart of the Chester community, offers 3,024 square feet of space on a 0.24-acre lot. Features include two vintage fuel pumps, a classic kerosene tank, and two RV and electric car hookups with power. The property also has strong Arkansas rock walls and a new front porch with "Chester Mercantile" signage, as well as a natural spring running through the back of the property. It sits across from Clear Creek and next to the historic Beard and Lady Inn. The property offers potential for various uses, including a boutique, cafe, gas or charging station, or even a live-work apartment. It is suitable for a retirement project, small business, or creative entrepreneur.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gas stations

    Map

    City
    Chester
    County
    Crawford
    State
    Arkansas
    Longitude
    -94.2389
    Latitude
    35.7048

    Nearby Similar for Sale

    • $1,350,000
      9,600 SF

      Historic Inn with Modern Luxury

      Restored 1887 bed and breakfast with thriving hospitality business.
      411 E Front AVE, Chester, AR 72934
      View Details
    • $1,350,000
      9,600 SF

      Historic Bed and Breakfast Inn

      Restored 1887 bed and breakfast with modern luxury.
      411 E Front AVE, Chester, AR 72934
      View Details

    FAQs

    What type of property is this?
    Gas station - Vintage gas station and mercantile ready for restoration.
    Where is this gas station located?
    The property is located at 335 E Front ST Chester, AR.
    What is the asking price?
    The asking price for this property is $64,900.
    What are key features of this property?
    This property features: Historic vintage gas station and mercantile in the scenic Boston Mountains; 3,024 sq ft of space on a 0.25‑acre lot with endless potential; Located directly off I‑49, between Fort Smith and Fayetteville, ensuring high visibility
    (479) 434-3000
    We can help!
    Listing Contact
    Laura McLean
    Laura McLean
    Real Estate License ID: SA00081842
    Learn More
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    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.

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