Historic Mixed-Use
For Sale
$715,000
401 E 3rd St, Texarkana, AR 71854
Historic commercial building with flexible space for fitness, events, offices, and photography use.
Property Size13,981 SF
Lot Size0.31 Acres
Price / SF$63.84
Days on Market18
Property Features for 401 E 3rd St
General Information
Standard status
Active
Size
13,981 SF
Total Parking Spaces
10
Lot size
0.31 Acres
Occupancy
62%
Financials
Asking Price
$715,000
Cap Rate
6.75%
Gross Income
$60,000
Additional Details
Road Access
Yes
Building Details
Buildings
1
Building Size
13,981 SF
Listing Agency:
Better Homes & Gardens Real Estate Infinity
(870) 925-3512
Listed By:
Whitney Henderson · License #816849
(870) 925-3512
Source:
Exprealty
Added: Aug 2
Changed: Aug 17
Last Checked: Aug 17 at 8:16PM
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 Better Homes & Gardens Real Estate Infinity
Investment Insights
Based on property information with market context.
Located at 401 E 3rd St in Texarkana, AR, this historic mixed-use property was constructed between 1925 and 1930. The building contains approximately 13,981 square feet, including 11,200 heated square feet, on 0.31 acres with approximately 138 feet of frontage on E. 3rd Street and 100 feet on Hazel Street.
The interior currently accommodates a CrossFit gym, event venue, office space, and occasional photography studio rentals. The layout also supports retail, restaurant, brewery, entertainment, creative office, fitness, and other mixed-use applications. Recent improvements include a new metal roof installed in 2023, drainage gutter systems, updated electrical, three new 5-ton HVAC units, three remodeled restrooms with new plumbing, and new doors.
The property is in the Texarkana Entertainment District, near downtown restaurants, retail, nightlife, events, and redevelopment activity. Approximately 5–10 dedicated parking spaces serve the building, with public parking across the street and additional adjacent parking available as permitted.
The interior currently accommodates a CrossFit gym, event venue, office space, and occasional photography studio rentals. The layout also supports retail, restaurant, brewery, entertainment, creative office, fitness, and other mixed-use applications. Recent improvements include a new metal roof installed in 2023, drainage gutter systems, updated electrical, three new 5-ton HVAC units, three remodeled restrooms with new plumbing, and new doors.
The property is in the Texarkana Entertainment District, near downtown restaurants, retail, nightlife, events, and redevelopment activity. Approximately 5–10 dedicated parking spaces serve the building, with public parking across the street and additional adjacent parking available as permitted.
Key Highlights
- Approximately 13,981 square feet, including 11,200 heated square feet, on 0.31 acres
- Approximately 138 feet of frontage on E. 3rd Street and 100 feet on Hazel Street
- Constructed between 1925 and 1930; new metal roof installed in 2023
Property Analytics
Property Profile
Current Use
Lease Details
62%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,294
Businesses Nearby
Explore this area
Business Placement
Demographics for 71854, AR
35,580
Population
16,882
Households
2.1
Avg Household Size
40
Median Age
16%
College-Educated
88%
High-School Grad
269.7 sq mi
ZIP Area
132
Density / Sq Mi
$48,211
Median Household Income
$38,273
Median Earnings
$883
Median Rent
$157,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Historic commercial building with flexible space for fitness, events, offices, and photography use.
Where is this mixed-use property located?
The property is located at 401 E 3rd St Texarkana, AR.
What is the asking price?
The asking price for this property is $715,000.
What are key features of this property?
This property features: Approximately 13,981 square feet, including 11,200 heated square feet, on 0.31 acres; Approximately 138 feet of frontage on E. 3rd Street and 100 feet on Hazel Street; Constructed between 1925 and 1930; new metal roof installed in 2023
