Mixed-Use Building with
For Sale
$2,450,000
912 Front Street, Conway, AR 72032
Commercial / Industrial, Conway, AR
Property Size10,000 SF
Lot Size0.18 Acres
Price / SF$245
Days on Market223
Property Features for 912 Front Street
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Take I-40 to Exit 127 (Oak St). Head west on Oak St, then turn right onto Front St. Continue north and Follow Front St-912 will be on your right.
Subdivision
CONWAY - OLD TOWN
Standard status
Active
Size
10,000 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
12445
Amenities
private event space
Building Details
Year built
2017
Floors in Building
2
Listing Agency:
Moses Tucker Partners
(501) 376-6555
Listed By:
Clint Bailey · License #SA00073895
(501) 358-8280
Added: Feb 25
Changed: Oct 5
Last Checked: Oct 6 at 11:06PM
MLS# 26012207
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 2017, this two-story mixed-use property contains 10,000 square feet on a 0.18-acre parcel. Its restaurant and bar component includes furniture, fixtures, and equipment, a second-floor full-service bar, private event space, and a balcony patio of +/-1,000 SF. Four apartments with modern finishes are also part of the property, which is fully leased. Seven Oaks Steak and Seafood occupies the restaurant space.
The building is at 912 Front Street in downtown Conway’s Entertainment District. The surrounding area includes retail and nightlife, and the district hosts events throughout the year.
The building is at 912 Front Street in downtown Conway’s Entertainment District. The surrounding area includes retail and nightlife, and the district hosts events throughout the year.
Key Highlights
- 10,000‑square‑foot, two‑story property built in 2017
- Four apartments with modern finishes
- Restaurant and bar space includes FF&E, a second‑floor full‑service bar, and private event space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$112,398
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,247,960
$2.2M
Cap Rate 7%
$1,605,686
$1.6M
Cap Rate 9%
$1,248,867
$1.2M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$159.6K $15.96/SF
− Vacancy
−$9.7K −$0.97/SF
EGI
$149.9K $14.99/SF
− OpEx
−$37.5K −$3.75/SF
NOI
$112.4K $11.24/SF
Area
Faulkner County, AR
Vacancy
6.10%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,247,960
Cap Rate 7%
$1,605,686
Cap Rate 9%
$1,248,867
Alternative Uses
Best Use
Specialty Retail
$1.61M
$1.40M – $1.87M
NOI $112,398 @ 7.0% cap · market cap 4.59%
Second Best
Mixed Use
$1.07M
$938.4K – $1.25M
NOI $75,075 @ 7.0% cap · market cap 3.06%
Theoretical Best
Office A
$2.28M
$2.00M – $2.66M
NOI $159,662 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,578
Businesses Nearby
Explore this area
Business Placement
Demographics for 72032, AR
34,316
Population
14,255
Households
2.4
Avg Household Size
35
Median Age
27%
College-Educated
94%
High-School Grad
114.5 sq mi
ZIP Area
300
Density / Sq Mi
$61,452
Median Household Income
$36,877
Median Earnings
$976
Median Rent
$183,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Restaurant and bar space is paired with four apartments in a two-story configuration.
Where is this mixed-use property located?
The property is located at 912 Front Street Conway, AR.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: 10,000‑square‑foot, two‑story property built in 2017; Four apartments with modern finishes; Restaurant and bar space includes FF&E, a second‑floor full‑service bar, and private event space
