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Retail Storefront in Converted Home

604 W Main Street, Russellville, AR 72801

For Sale
$220,000

CommercialSale, Russellville, AR

Property Size1,602 SF
Lot Size0.22 Acres
Price / SF$137.33
Days on Market42

Property Features for 604 W Main Street

General Information

Property type Commercial Sale
Property subtype Retail
Lot features City Lot
Directions From Pope County Courthouse, Go west on US 64 for .3 Miles Property on your right.
Standard status Active
APN 800-00147-000C
Size 1,602 SF
Lot size 0.22 Acres

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Property Use Retail

Taxes and HOA fees

Tax Description PT 10,11, PT. 2,3; BLK 32 CITY OF RUSSELLVILLE
Tax Annual Amount 1221
Legal Description PT 10,11, PT. 2,3; BLK 32 CITY OF RUSSELLVILLE

Amenities

full bathroom
kitchen
laundry area

Building Details

Buildings 1
Listing Agency: The Lighthouse Realty Company
Listed By: TJ Posey · License AR PB00078387
Added: Oct 2 Changed: Nov 2 Last Checked: Nov 12 at 6:06AM
MLS# 1364074

Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This storefront occupies a converted home currently used for retail. The 1,602-square-foot building includes a full bathroom, kitchen, and laundry area, with the existing business excluded from the sale.

The property is on West Main Street along Highway 64 in Russellville. Its 0.2225-acre site provides the setting for the existing retail use.

Key Highlights

  • 1,602‑square‑foot converted home currently used for retail
  • 0.2225‑acre site
  • Frontage along Highway 64 and West Main Street

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,454
Cap Rate
6.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$289,080 $289.1K
Cap Rate 7%
$206,486 $206.5K
Cap Rate 9%
$160,600 $160.6K
Market Conditions
NOI Build-Up for 1,602 SF
Gross rent
$22.1K $13.80/SF
− Vacancy
−$1.5K −$0.91/SF
EGI
$20.6K $12.89/SF
− OpEx
−$6.2K −$3.87/SF
NOI
$14.5K $9.02/SF
Area
Pope County, AR
Vacancy
6.60%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$289,080
Cap Rate 7%
$206,486
Cap Rate 9%
$160,600

Alternative Uses

Best Use
Retail
$206.5K
$180.7K – $240.9K (±1% cap)
NOI $14,454 @ 7.0% cap · market cap 6.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$256.0K
$224.0K – $298.6K (±1% cap)
NOI $17,917 @ 7.0% cap · market cap 8.14%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Grocery & Convenience Store Electrical Service Auto Parts Store Building Supply Hotel & Motel Big Box & Wholesale Store

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,142
Businesses Nearby
151k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 43% Dining 34% Groceries 20% Apparel 2%
Kroger Groceries
30,824 visits/mo 0.3 miles
Russellville #1 Shops & Services
20,504 visits/mo 0.4 miles
Wendy's Dining
17,448 visits/mo 0.5 miles
Dollar Tree Shops & Services
13,917 visits/mo 0.3 miles
Kroger Fuel Center Shops & Services
13,612 visits/mo 0.3 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • Violet Fields Flower Farm — 701 S Erie Ave, Russellville, AR 72801
  • Kroger Floral — 1109 W Main St, Russellville, AR 72801
  • Sweeden Florist — 117 N Commerce Ave, Russellville, AR 72801
  • Flowers Etc Inc — 900 W B St, Russellville, AR 72801

Frequently Asked Questions

What type of property is this?
Storefront property - Interior features include a full bathroom, kitchen, and laundry area; the business is not included in the sale.
Where is this storefront property located?
The property is located at 604 W Main Street Russellville, AR.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: 1,602‑square‑foot converted home currently used for retail; 0.2225‑acre site; Frontage along Highway 64 and West Main Street
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Includes: Price & PSF · Cap rate · Location · Zoning

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