Downtown Storefront Commercial
For Sale
Contact for pricing
621 Main Street 621, Van Buren, AR 72956
Flexible commercial layout with a customer-facing storefront, restroom, existing bar, and adaptable plumbing.
Property Size1,209 SF
Price / SF$0.83
Days on Market61
Property Features for 621 Main Street 621
General Information
Standard status
Active
Size
1,209 SF
Listing Agency:
Ascend Real Estate
(479) 383-8300
Listed By:
Brian Hutton
(479) 217-5680
Source:
Assurancerealtyfsm
Added: Aug 17
Changed: Oct 12
Last Checked: Oct 14 at 10:33PM
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 Ascend Real Estate
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Investment Insights
Based on property information with market context.
This 1,209-square-foot storefront commercial space includes a street-facing retail area, restroom, and an interior section formerly configured as a kitchen. An existing bar remains in place, while the plumbing can support a different configuration if altered by the tenant at its expense. The space may accommodate restaurant, office, retail, church, or convenience store use.
The property is located in historic downtown Van Buren at 621 Main Street. Main Street averages 2,800 vehicles per day, and Hwy 64 immediately next door averages 17,000 vehicles per day. Regular community events contribute to pedestrian activity along the downtown street.
The property is located in historic downtown Van Buren at 621 Main Street. Main Street averages 2,800 vehicles per day, and Hwy 64 immediately next door averages 17,000 vehicles per day. Regular community events contribute to pedestrian activity along the downtown street.
Key Highlights
- 1,209 SF commercial storefront in historic downtown Van Buren
- Main Street averages 2,800 vehicles per day
- Hwy 64 next door averages 17,000 vehicles per day
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,434
Suggested Prices Based on Cap Rates
Cap Rate 5%
$208,680
$208.7K
Cap Rate 7%
$149,057
$149.1K
Cap Rate 9%
$115,933
$115.9K
Market Conditions
NOI Build-Up for 1,209 SF
Gross rent
$16.0K $13.20/SF
− Vacancy
−$1.1K −$0.87/SF
EGI
$14.9K $12.33/SF
− OpEx
−$4.5K −$3.70/SF
NOI
$10.4K $8.63/SF
Area
Crawford County, AR
Vacancy
6.60%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$208,680
Cap Rate 7%
$149,057
Cap Rate 9%
$115,933
Alternative Uses
Best Use
Retail
$149.1K
$130.4K – $173.9K
NOI $10,434 @ 7.0% cap · market cap 1,044.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$231.8K
$202.8K – $270.4K
NOI $16,226 @ 7.0% cap · market cap 1,624.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
554
Businesses Nearby
15k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
SONIC Drive In
Dining
15,097 visits/mo
0.2 miles
Demographics for 72956, AR
33,870
Population
14,119
Households
2.4
Avg Household Size
39
Median Age
19%
College-Educated
87%
High-School Grad
103.8 sq mi
ZIP Area
326
Density / Sq Mi
$60,387
Median Household Income
$33,894
Median Earnings
$825
Median Rent
$177,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Williams Florist & Gifts — 1221 E Main St, Van Buren, AR 72956
- Tate's Flower & Gift Shop — 1201 Main St, Van Buren, AR 72956
- Impeccable Arrangements — 1105 walnut st, van buren, ar 72956
Frequently Asked Questions
What type of property is this?
Storefront property - Flexible commercial layout with a customer-facing storefront, restroom, existing bar, and adaptable plumbing.
Where is this storefront property located?
The property is located at 621 Main Street 621 Van Buren, AR.
What are key features of this property?
This property features: 1,209 SF commercial storefront in historic downtown Van Buren; Main Street averages 2,800 vehicles per day; Hwy 64 next door averages 17,000 vehicles per day
