Mixed-Use Building with Retail
720 Main ST, Van Buren, AR 72956
For Sale
$550,000
Commercial, Van Buren, AR
Property Size2,840 SF
Lot Size0.07 Acres
Price / SF$193.66
Days on Market26
Property Features for 720 Main ST
General Information
Property type
Property subtype
Directions
Standard status
APN
Size
Lot size
Tenancy & Operations
Currently Operating
Business Included
Additional Details
Mixed-Use Components
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Building Details
Year built
Flooring type
Listing Agency:
O'Neal Real Estate- Fort Smith
(479) 242-4609
Listed By:
Telitha Fleck
(918) 774-5743
Added: Oct 18
Changed: Oct 28
Last Checked: Nov 12 at 6:06AM
MLS# 1092529
Copyright © 2026 Western River Valley Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 720 Main ST, this 2,840-square-foot mixed-use property pairs retail space with residential quarters on both the upper and lower levels. The building was renovated and includes wood and ceramic tile flooring, central air conditioning, and central natural gas heating.
The property occupies a 0.07-acre lot in downtown Van Buren, Arkansas. An established five-and-dime business currently operates on site, alongside the residential component.
The property occupies a 0.07-acre lot in downtown Van Buren, Arkansas. An established five-and-dime business currently operates on site, alongside the residential component.
Key Highlights
- 2,840‑square‑foot mixed‑use property with retail and residential space
- Established five‑and‑dime business operates on site
- Living quarters are located upstairs and downstairs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,708
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$494,160
$494.2K
Cap Rate 7%
$352,971
$353.0K
Cap Rate 9%
$274,533
$274.5K
Market Conditions
NOI Build-Up for 2,840 SF
Gross rent
$42.6K $15.00/SF
− Vacancy
−$3.1K −$1.08/SF
EGI
$39.5K $13.92/SF
− OpEx
−$14.8K −$5.22/SF
NOI
$24.7K $8.70/SF
Area
Crawford County, AR
Vacancy
7.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$494,160
Cap Rate 7%
$352,971
Cap Rate 9%
$274,533
Alternative Uses
Best Use
Mixed Use
$353.0K
$308.9K – $411.8K
NOI $24,708 @ 7.0% cap · market cap 4.49%
Second Best
Retail
$350.1K
$306.4K – $408.5K
NOI $24,510 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$544.5K
$476.4K – $635.3K
NOI $38,115 @ 7.0% cap · market cap 6.93%
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
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
554
Businesses Nearby
15k
Monthly Visits Nearby
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
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated space combines a five-and-dime shop with living quarters on multiple levels.
Where is this mixed-use property located?
The property is located at 720 Main ST Van Buren, AR.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 2,840‑square‑foot mixed‑use property with retail and residential space; Established five‑and‑dime business operates on site; Living quarters are located upstairs and downstairs
