Mixed-Use Building with Flexible
For Sale
$715,000
401 E 3rd St, Texarkana, AR 71854
Commercial Sale, Texarkana, AR
Property Size11,200 SF
Lot Size0.31 Acres
Price / SF$63.84
Days on Market49
Property Features for 401 E 3rd St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bathroom 1, Bathroom 3
Interior features
Ceiling Fan(s), Smart Thermostat
Subdivision
Original City
Lot features
Corner Lot
Directions
Texarkana, AR, 71854 Leave from Beech St 0.4 mi, about 2 min Turn right onto E 3rd St 0.2 mi, about 1 min You have arrived at E 3rd St. Your destination is on the right 401 E 3rd St, Texarkana, AR 71854
Standard status
Active
Size
11,200 SF
Lot size
0.31 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1925
Floors in Building
1
Number of units
3
Flooring type
Concrete
Building materials
Brick
Roof type
Metal
Listing Agency:
Better Homes & Gardens Real Estate Infinity
(903) 306-1454
Listed By:
Whitney Henderson · License #816849
(870) 925-3512
Added: Aug 2
Changed: Sep 16
Last Checked: Sep 19 at 10:06AM
MLS# 205703
Copyright © 2026 Texarkana 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.
Investment Insights
Based on property information with market context.
This 11,200-square-foot brick mixed-use property occupies 0.31 acres and is configured for several commercial functions, including a fitness operation, event use, office space, and periodic studio rentals. The building includes concrete flooring, central heating and air conditioning, three restrooms with updated plumbing, and a metal roof installed in 2023. Additional improvements include drainage work, electrical updates, three new 5-ton HVAC units, and replacement doors.
The property has approximately 138 feet along E. 3rd Street and 100 feet along Hazel Street in Texarkana’s Entertainment District. Restaurants, nightlife, retail, events, and downtown redevelopment activity are within the surrounding district, with the Texas state line only minutes away. Approximately 5-10 dedicated parking spaces serve the building, supplemented by public parking across the street and additional adjacent parking when permitted.
Occupancy is reported at 62%, with an existing one-year tenant and additional space available for lease-up. Public water and sewer serve the property.
The property has approximately 138 feet along E. 3rd Street and 100 feet along Hazel Street in Texarkana’s Entertainment District. Restaurants, nightlife, retail, events, and downtown redevelopment activity are within the surrounding district, with the Texas state line only minutes away. Approximately 5-10 dedicated parking spaces serve the building, supplemented by public parking across the street and additional adjacent parking when permitted.
Occupancy is reported at 62%, with an existing one-year tenant and additional space available for lease-up. Public water and sewer serve the property.
Key Highlights
- 11,200 square feet on 0.31 acres
- Approximately 138 feet of frontage on E. 3rd Street and 100 feet on Hazel Street
- 62% occupied with an existing one‑year tenant
Property Analytics
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Current Use
Lease Details
62%
Occupancy
Single-tenant
Tenancy
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
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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 - Brick commercial building with multiple active and adaptable spaces, public utilities, and recent building-system upgrades.
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: 11,200 square feet on 0.31 acres; Approximately 138 feet of frontage on E. 3rd Street and 100 feet on Hazel Street; 62% occupied with an existing one‑year tenant
