Historic Mixed-Use
For Sale
$695,000
400 Mount Olive Street, Siloam Springs, AR 72761
CommercialSale, Siloam Springs, AR
Property Size3,718 SF
Lot Size0.27 Acres
Price / SF$186.93
Days on Market239
Property Features for 400 Mount Olive Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Residential Office
Parking
7
Exterior features
Storage
Appliances
GasWaterHeater
Lot features
City Lot
Directions
Hwy 412 W to S Mt Olive St. Property will be on the left at the corner of W Twin Springs and Mt Olive St.
Standard status
Active
APN
03-01394-000
Size
3,718 SF
Lot size
0.27 Acres
Taxes and HOA fees
Tax Description
PLAT 12/23/1916 A-105
Tax Annual Amount
3057
Legal Description
PLAT 12/23/1916 A-105
Utilities
Sewer type
Public Sewer
Heating system
Ductless (Heating), Central
Cooling system
Central Air, Ductless
Water source
Public
Amenities
custom decks
garage/workshop
carport
street parking
landscaped yard
raised garden beds
three-phase power
ADA accessibility
Building Details
Year built
1907
Floors in Building
3
Flooring type
Tile, Carpet, Vinyl, Wood
Building materials
VinylSiding, WoodSiding
Roof type
Shingle
Additional Structures
Storage
Listing Agency:
Century 21 Lyons & Associates · Century 21 Real Estate
(479) 524-2100
Listed By:
Stephanie Truitt · License #EB00079735
(479) 228-2398
Added: Feb 15
Changed: Sep 15
Last Checked: Oct 12 at 4:06AM
MLS# 1345479
Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3,718-square-foot mixed-use property at 400 Mount Olive Street includes a 1907 main house and a detached cottage constructed in 2001. The main level is configured for professional use with ADA accessibility, three private offices, a half bath, and three-phase power. Upper-level living space includes a kitchen, full bath, one bedroom, and an additional bedroom on the third floor. The main house has a newer roof and updated upstairs windows.
The detached cottage contains two approximately 500-square-foot short-term rental units, each with one bedroom, one bath, and a kitchen. Additional improvements include custom decks, a garage/workshop, carport, storage, landscaped grounds, and raised garden beds. Public water and sewer serve the property, which is located across from a park, library, and farmers market and near downtown Siloam Springs.
The detached cottage contains two approximately 500-square-foot short-term rental units, each with one bedroom, one bath, and a kitchen. Additional improvements include custom decks, a garage/workshop, carport, storage, landscaped grounds, and raised garden beds. Public water and sewer serve the property, which is located across from a park, library, and farmers market and near downtown Siloam Springs.
Key Highlights
- 3,718 SF mixed‑use property on a 0.27‑acre lot
- 1907 main house with professional office and residential living areas
- Main level includes ADA access, 3 private offices, half bath, and three‑phase power
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,695
Cap Rate
8.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,153,900
$1.2M
Cap Rate 7%
$824,214
$824.2K
Cap Rate 9%
$641,056
$641.1K
Market Conditions
NOI Build-Up for 3,718 SF
Gross rent
$82.5K $22.20/SF
− Vacancy
−$5.6K −$1.51/SF
EGI
$76.9K $20.69/SF
− OpEx
−$19.2K −$5.17/SF
NOI
$57.7K $15.52/SF
Area
Benton County, AR
Vacancy
6.80%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,153,900
Cap Rate 7%
$824,214
Cap Rate 9%
$641,056
Alternative Uses
Best Use
Office B
$824.2K
$721.2K – $961.6K
NOI $57,695 @ 7.0% cap · market cap 8.30%
Second Best
Healthcare Medical
$642.9K
$562.6K – $750.1K
NOI $45,005 @ 7.0% cap · market cap 6.48%
Theoretical Best
Office A
$1.02M
$894.0K – $1.19M
NOI $71,521 @ 7.0% cap · market cap 10.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Office units
3
Residential units
Location Intelligence
Trade Area within ½ mile
834
Businesses Nearby
Explore this area
Business Placement
Demographics for 72761, AR
23,731
Population
9,101
Households
2.6
Avg Household Size
33
Median Age
29%
College-Educated
86%
High-School Grad
114.1 sq mi
ZIP Area
208
Density / Sq Mi
$69,620
Median Household Income
$35,724
Median Earnings
$936
Median Rent
$218,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Combines a professional office, residential quarters, and two active short-term rental units.
Where is this mixed-use property located?
The property is located at 400 Mount Olive Street Siloam Springs, AR.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 3,718 SF mixed‑use property on a 0.27‑acre lot; 1907 main house with professional office and residential living areas; Main level includes ADA access, 3 private offices, half bath, and three‑phase power
