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Historic Office Building
For Sale
Contact for pricing
Pending

523 Locust Street, Conway, AR 72034

Historic character and 2019 system updates support a range of quiet office uses.

Property SizeContact for details
Days on Market144

Property Features for 523 Locust Street

General Information

Standard status Pending
Property subtype Retail, Multifamily, Office
Listing Agency: RE/MAX Elite Conway Branch
Listed By: Matt Grissom · License #AR EB00069745
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 8:41PM

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 RE/MAX Elite Conway Branch

Investment Insights

Based on property information with market context.

This historic office property at 523 Locust Street offers a commercial setting in Downtown Conway. The building is positioned for quiet office use, with potential applications identified for salon, legal, accounting, and similar professional operations.

Significant property updates were completed in 2019, including a new roof, HVAC system, gutters, and water heater. These improvements provide a clear record of recent work to several core building components while preserving the property’s historic character.

Key Highlights

  • Historic commercial property in Downtown Conway
  • New roof installed in 2019
  • New HVAC system added in 2019

Property Analytics

Current Use

Kanga Studio Advertising Agency Align Counseling & Wellness Counselor

Suggested Use

Top Pick Garden Center Locksmith Veterinary Clinic (Bike/Boat/Book/etc) Store Acupuncture Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,419
Businesses Nearby

Demographics for 72034, AR

47,873
Population
22,523
Households
2.1
Avg Household Size
33
Median Age
44%
College-Educated
94%
High-School Grad
47.9 sq mi
ZIP Area
999
Density / Sq Mi
$61,675
Median Household Income
$40,511
Median Earnings
$993
Median Rent
$250,000
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Historic character and 2019 system updates support a range of quiet office uses.
Where is this office building located?
The property is located at 523 Locust Street Conway, AR.
What are key features of this property?
This property features: Historic commercial property in Downtown Conway; New roof installed in 2019; New HVAC system added in 2019
(501) 733-3138 Call to check price and availability
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