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Downtown Office Building For Sale
For Sale
$895,000

720 W 3rd St, Little Rock, AR 72201

18,950 SF office building near State Capitol Building.

Property Size18,950 SF
Price / SF$47.23
Days on Market272

Property Features for 720 W 3rd St

General Information

Standard status Active
Size 18,950 SF
Class C
Property subtype Office

Building Details

Building Size 18,950 SF
Listing Agency:
Listed By: Nick Kelley
Source: Kelleycommercialpartners
Added: Nov 21, 2025 Changed: Aug 12 Last Checked: Aug 20 at 4:28AM

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 Nick Kelley

Investment Insights

Based on property information with market context.

This 18,950 square-foot office building is situated on approximately 0.48 acres. The three-story building features an elevator and includes both open and individual office spaces, conference rooms, a break room, and a reception area. Leased spaces can be subdivided. A tenant improvement allowance is negotiable. The property is located downtown near the State Capitol Building, Little Rock City Hall, the Financial Corridor, the River Market District, and the State House Convention Center, as well as several hotels and restaurants. An adjacent lot of approximately 0.54 acres is also available for lease.

Key Highlights

  • ±18,950 SF Office Building in Downtown Location
  • Located near State Capitol Building, LR City Hall, Financial Corridor, River Market District, and State House Convention Center
  • Includes open and individual office spaces, conference rooms, break room, and reception area

Property Analytics

Current Use

American Esoteric Laboratories Medical Laboratory Norman HVAC Repair ... HVAC Service Bridge Christian Academy High School

Suggested Use

Top Pick Veterinary Clinic Grocery & Convenience Store Auto Parts Store Pet Store Wine and Liquor Store Food Market

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

3,794
Businesses Nearby

Demographics for 72201, AR

961
Population
628
Households
1.5
Avg Household Size
44
Median Age
78%
College-Educated
100%
High-School Grad
1.2 sq mi
ZIP Area
801
Density / Sq Mi
$112,045
Median Household Income
$71,188
Median Earnings
$1,344
Median Rent
$262,300
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
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Frequently Asked Questions

What type of property is this?
Office building - 18,950 SF office building near State Capitol Building.
Where is this office building located?
The property is located at 720 W 3rd St Little Rock, AR.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: ±18,950 SF Office Building in Downtown Location; Located near State Capitol Building, LR City Hall, Financial Corridor, River Market District, and State House Convention Center; Includes open and individual office spaces, conference rooms, break room, and reception area
More about this property
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