500 Garrison AVE, Fort Smith, AR 72901

Listing agent Aaron O'Neal License #155637 Show Phone

Listing office O'Neal Real Estate a***@att.net 505 W Fine Blvd, Roland, AR Show Phone

Listing date Jun 19, 2025

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MLS# 1081823

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.

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Overview

This two-story historic mixed-use building offers approximately 6,158 square feet under roof with original character features including exposed brick, vintage woodwork, and tall ceilings. The main level is currently occupied by a restaurant, and there are two leased apartments providing ongoing rental income. The entire second floor is unfinished and presented as a blank slate for future buildout, with interior photos provided for upstairs.

Located at 500 Garrison Ave in downtown Fort Smith, the property is positioned on iconic Garrison Avenue. The listing notes the building is zoned for flexible use, which may appeal to investors and owner-occupants looking for multiple ways to utilize the space.

For tenants, buyers, or operators, the combination of an active restaurant space, two apartments, and an unfinished second floor creates a practical path to adapt the property to a range of concepts—while retaining current income from the existing dining and residential units. The unfinished upper level can support future customization, depending on the operator’s intended use, subject to the applicable flexible zoning referenced in the offering materials.

Suggested Use

Grocery & Convenience Store Wine and Liquor Store Acupuncture Bed & Breakfast Pet Grooming Service (Bike/Boat/Book/etc) Store Florist Mobile Phone Store (Bike/Boat/Book/etc) Store Restaurant

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Fort Smith

County

Sebastian

State

Arkansas

Longitude

-94.426017

Latitude

35.387286

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FAQs

What type of property is this?

Mixed-use property - Two-story historic mixed-use property with an operating restaurant, leased apartments, and an unfinished second floor.

Where is this mixed-use property located?

The property is located at 500 Garrison AVE Fort Smith, AR.

What is the asking price?

The asking price for this property is $425,000.

What are key features of this property?

This property features: Prime location on Garrison Avenue in Downtown Fort Smith.; Income‑producing property with an established restaurant and two leased apartments.; **6,158 SF under roof with a large unfinished second floor ready for buildout.**