Two-Story Retail Building with
For Sale
Contact for pricing
518 Garrison Ave, Fort Smith, AR 72901
Two-floor retail with apartment above, window frontage, and ample parking for flexible downtown redevelopment.
Property Size4,500 SF
Price / SF$44
Days on Market102
Property Features for 518 Garrison Ave
General Information
Standard status
Active
Size
4,500 SF
Property subtype
RETAIL
Additional Details
Multifamily Units
1
Building Details
Stories
2
Listing Agency:
Seiter & Wright Commercial Properties
Listed By:
Greta Barr
(479) 785-4343
Source:
Moodyscre
Added: May 27
Changed: Aug 14
Last Checked: Sep 4 at 11:15AM
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 Seiter & Wright Commercial Properties
Investment Insights
Based on property information with market context.
This two-story building offers a mix of street-level retail and residential space, configured with retail on the first floor, mezzanine storage, and an apartment spread across the second and third levels. Window frontage supports a traditional storefront feel, and the existing layout provides practical separation between customer-facing space and upper-level living.
The property is located on Garrison Avenue in downtown Fort Smith on a block that is seeing significant renewal and growth. It sits next door to the Fort Smith Convention and Visitors Bureau’s new headquarters and is positioned among developing demand from visitors, office users, and expanding restaurant and retail activity. Plenty of on-site parking is available, which helps accommodate both tenants and customers.
For buyers and operators, the building is well suited to owner-occupants seeking retail space with on-site residential income, as well as investors looking for a value-add redevelopment opportunity. With updates and remodeling, the property can support updated retail concepts while preserving the mixed-use character that fits a growing downtown environment.
The property is located on Garrison Avenue in downtown Fort Smith on a block that is seeing significant renewal and growth. It sits next door to the Fort Smith Convention and Visitors Bureau’s new headquarters and is positioned among developing demand from visitors, office users, and expanding restaurant and retail activity. Plenty of on-site parking is available, which helps accommodate both tenants and customers.
For buyers and operators, the building is well suited to owner-occupants seeking retail space with on-site residential income, as well as investors looking for a value-add redevelopment opportunity. With updates and remodeling, the property can support updated retail concepts while preserving the mixed-use character that fits a growing downtown environment.
Key Highlights
- 4,500 SF two‑floor building with retail on the first floor and an apartment on the upper floor
- Mezzanine storage included
- Window frontage along Garrison Avenue
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,077
Businesses Nearby
19k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 68%
Hotels & Casinos 32%
Courtyard Fort Smith Downtown
Hotels & Casinos
5,964 visits/mo
0.3 miles
Valero Energy
Shops & Services
4,908 visits/mo
0.0 miles
Regions Bank
Shops & Services
3,376 visits/mo
0.2 miles
Arvest Bank
Shops & Services
2,692 visits/mo
0.3 miles
Valero Energy
Shops & Services
1,878 visits/mo
0.5 miles
Demographics for 72901, AR
20,973
Population
10,337
Households
2
Avg Household Size
37
Median Age
21%
College-Educated
81%
High-School Grad
8.7 sq mi
ZIP Area
2,411
Density / Sq Mi
$42,568
Median Household Income
$30,582
Median Earnings
$837
Median Rent
$113,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Grower Select — n f st, fort smith, ar 72901
Frequently Asked Questions
What type of property is this?
Storefront property - Two-floor retail with apartment above, window frontage, and ample parking for flexible downtown redevelopment.
Where is this storefront property located?
The property is located at 518 Garrison Ave Fort Smith, AR.
What is the asking price?
The asking price for this property is $198,000.
What are key features of this property?
This property features: 4,500 SF two‑floor building with retail on the first floor and an apartment on the upper floor; Mezzanine storage included; Window frontage along Garrison Avenue
