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    314 Main St North Little Rock, AR 72114

    Sponsored
    For Lease
    $18 SF/Yr ($13,559 /Mo)

    Historic building, flexible office suites, prime location.

    Lot size:
    8,720 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 8,720 square foot, two-story office building is situated in the vibrant Argenta Arts District at 314 Main Street. Built in 1900 and extensively renovated in 2015, this property offers a unique blend of historic charm and modern functionality. Currently configured as a multi-tenant building with six suites, it provides a flexible workspace solution for various business needs, including coworking, creative office, and traditional office setups. A total of 997 square feet is currently vacant, presenting an immediate opportunity for expansion or new tenancy. The 0.16-acre lot provides convenient parking behind the building. The building's prime location places it within walking distance of Argenta Plaza, a community hub for events and gatherings, as well as the Simmons Bank Arena and Dickey-Stephens Park. The popular Skinny J's Argenta restaurant is located on the ground floor, adding to the area's lively atmosphere. The Argenta Arts District has experienced significant investment, exceeding $47 million since 1994, with a substantial portion dedicated to the restoration of historic structures, underscoring the area's commitment to preservation and growth. The property is zoned C-6. While elevators are not present, the building's two stories are easily accessible. This property offers a rare opportunity to establish a presence in a thriving, revitalized area.

    Property Features for 314 Main St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,720 SF
    Total Rate
    13559.6

    Building Details

    Year Built/Renovated
    1900/2015
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Office F
    Size
    997 SF
    Rate per SF
    $18

    HighLights

    • 8,720 SF office building with six suites, located in the Argenta Arts District.
    • One 997 SF vacant suite available for lease.
    • Building features include: two stories, built in 1900, renovated in 2015, and C‑6 zoning.
    • Property sits on a 0.16‑acre lot and offers on‑site parking.
    • Excellent location near Argenta Plaza, Simmons Bank Arena, and Dickey‑Stephens Park.
    Property Profile Location Intelligence

    Current Use by Public Records

    Media & More - Digital ... Marketing Agency

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Pharmacy Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    North Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.267735231907
    Latitude
    34.756723474271

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    FAQs

    What type of property is this?
    Office space - Historic building, flexible office suites, prime location.
    Where is this office space located?
    The property is located at 314 Main St North Little Rock, AR.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 8,720 SF office building with six suites, located in the Argenta Arts District.; One 997 SF vacant suite available for lease.; Building features include: two stories, built in 1900, renovated in 2015, and C-6 zoning.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    314 Main St North Little Rock, AR 72114
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