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    Downtown Entertainment District Retail Space Title is generated by Realmo AI

    707-709 Rogers Ave, Fort Smith, AR

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    Impressive retail space in the Downtown Entertainment District.

    Type:RETAIL
    Property size:
    5,050 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $128/SF
    Added:
    Oct 7, 2025
    Days on Market:
    273
    Last Refresh:
    May 20 at 9:51 pm

    Property Features for 707-709 Rogers Ave

    General Information

    Standard status
    Active
    Size
    5,050 SF
    Lot size
    0.06 Acres
    Property subtype
    RETAIL

    Properties For Sale

    at 707-709 Rogers Ave Contact us

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    Dodge Mendenhall
    Dodge Mendenhall

    Listing office Seiter & Wright Commercial Properties

    Listing date Oct 7, 2025

    Source Moodyscre

    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

    HighLights

    • High foot‑traffic location in the Downtown Entertainment District, across from the Wyndham Hotel and Convention Center.
    • 2,525 square feet of retail space suitable for hospitality/entertainment businesses.
    • Features impressive outdoor courtyards on both levels and a balcony overlooking Rogers Avenue.
    • New 400A 3‑phase power and new HVAC units.
    • New concrete poured for downstairs interior and outdoor courtyard.
    • Neighboring 5,050 square foot space also available.

    Overview

    This property, situated in the Downtown Entertainment District, benefits from substantial foot traffic generated by the Wyndham Hotel and Convention Center located across the street. It offers 2,525 square feet of retail space suitable for hospitality or entertainment businesses. The redesigned space incorporates multiple levels and includes outdoor courtyards on both levels, along with a balcony on the southwest side that overlooks Rogers Avenue. New concrete has been poured for the downstairs interior and the outdoor courtyard. The property is equipped with new 400A 3-phase power and new HVAC units on the roof. Neighboring tenants include the Fort Smith Convention Center, Wyndham Hotel, The Bakery District, Courtyard by Marriott, the Arkansas Department of Human Services, First National Bank of Fort Smith HQ, Sebastian County Courthouse, and the ArcBest Performing Arts Center. A neighboring 5,050 square foot space is also available.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $60.6k $12.00
    − Vacancy −$4.0k −$0.79
    EGI $56.6k $11.21
    − OpEx −$17.0k −$3.36
    NOI $39.6k $7.85
    5,050 SF · lease $12.00/SF/yr · vacancy 6.60% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $566.0K
    $495.3K – $660.3K (±1% cap)
    NOI $39,620 @ 7.0% cap · market cap 6.10%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Healthcare Medical
    $1.07M
    $940.1K – $1.25M (±1% cap)
    NOI $75,211 @ 7.0% cap · market cap 11.57%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Electronics & Wireless Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Wine and Liquor Store Department Store Pet Grooming Service (Bike/Boat/Book/etc) Store Restaurant Florist HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Smith
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.4248
    Latitude
    35.3858

    FAQs

    What type of property is this?
    Retail space - Impressive retail space in the Downtown Entertainment District.
    Where is this retail space located?
    The property is located at 707-709 Rogers Ave Fort Smith, AR.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: High foot‑traffic location in the Downtown Entertainment District, across from the Wyndham Hotel and Convention Center.; 2,525 square feet of retail space suitable for hospitality/entertainment businesses.; Features impressive outdoor courtyards on both levels and a balcony overlooking Rogers Avenue.
    (479) 785-4343 Call to check price and availability
    More about this property
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