Multi-Tenant Retail
For Sale
$500,000
512 S Arkansas Avenue, Russellville, AR 72801
Retail building with two stable tenants and a newly painted exterior, offering turnkey occupancy for a buyer.
Property Size14,365 SF
Price / SF$34.81
Days on Market91
Property Features for 512 S Arkansas Avenue
General Information
Standard status
Active
Size
14,365 SF
Property subtype
CommercialSale
Additional Details
Business Included
Yes
Listing Agency:
River Valley Realty, Inc
(479) 968-6260
Listed By:
Roger Boyer · License #EB00062161
(479) 857-0833
Source:
Connectrealtynwa
Added: Jun 10
Changed: Sep 8
Last Checked: Sep 7 at 12:09PM
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 River Valley Realty, Inc
Investment Insights
Based on property information with market context.
This multi-tenant retail building is offered for sale at 512 S Arkansas Ave. The property totals 14,365 square feet and features a fresh coat of exterior paint completed on 11/1/24, giving the building an updated curb appearance.
The location is described as roughly four blocks from the center of Russellville. The property is currently occupied by two good stable tenants, providing in-place tenancy at the time of sale.
For buyers looking for a retail asset with existing occupants, this configuration can be appealing as an income-producing property with managed occupancy rather than a vacancy- or buildout-driven start. With two tenants already in place and an exterior that has recently been refreshed, the next owner can focus on ongoing operations and leasing decisions while benefiting from the established tenant base.
The location is described as roughly four blocks from the center of Russellville. The property is currently occupied by two good stable tenants, providing in-place tenancy at the time of sale.
For buyers looking for a retail asset with existing occupants, this configuration can be appealing as an income-producing property with managed occupancy rather than a vacancy- or buildout-driven start. With two tenants already in place and an exterior that has recently been refreshed, the next owner can focus on ongoing operations and leasing decisions while benefiting from the established tenant base.
Key Highlights
- Income‑producing retail building with 2 stable tenants already in place
- Property is about 4 blocks from the center of Russellville
- Exterior has been freshly painted (11/1/24)
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
968
Businesses Nearby
62k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 56%
Home Improvements & Furnishings 24%
Dining 20%
Russellville #1
Shops & Services
20,504 visits/mo
0.2 miles
Leonard's Ace
Home Improvements & Furnishings
13,350 visits/mo
0.5 miles
Taco Villa
Dining
9,386 visits/mo
0.4 miles
Dollar General
Shops & Services
9,066 visits/mo
0.1 miles
Bank OZK
Shops & Services
3,160 visits/mo
0.4 miles
Demographics for 72801, AR
18,510
Population
7,530
Households
2.5
Avg Household Size
29
Median Age
26%
College-Educated
82%
High-School Grad
8.0 sq mi
ZIP Area
2,314
Density / Sq Mi
$42,363
Median Household Income
$22,473
Median Earnings
$837
Median Rent
$153,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail building with two stable tenants and a newly painted exterior, offering turnkey occupancy for a buyer.
Where is this retail space located?
The property is located at 512 S Arkansas Avenue Russellville, AR.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Income‑producing retail building with 2 stable tenants already in place; Property is about 4 blocks from the center of Russellville; Exterior has been freshly painted (11/1/24)
