Fort Smith, AR Mixed-use Properties for Sale

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Updated: Jul 14, 2025

Historic Mixed-Use Building

21 N 2nd ST, Fort Smith, AR 72901

$1,149,000

10,800 sqft 0.15 AC lot

10,800‑square‑foot mixed‑use building at 21 N 2nd ST, Fort Smith, AR 72901
4,700 square feet of leased office space on the upper floor
6,100 square feet leased for restaurant and bar use
Built in 1845 with more than 150 years of local history
Updates include electrical, plumbing, skylights, roof, HVAC, and fire suppression

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Updated: Jun 19, 2025

Historic Mixed-Use Building

500 Garrison AVE, Fort Smith, AR 72901

$425,000

6,158 sqft 0.04 AC lot

Approximately 6,158 square feet under roof
Two‑story mixed‑use building with an operating restaurant and 2 leased apartments
Unfinished second floor available for future buildout
Historic interior details include original brick, vintage woodwork, tall ceilings, and large windows
Located at 500 Garrison AVE in downtown Fort Smith, AR 72901

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Retail Salon with Residential Home

701 N 11th 1015 N G N 11th and G ST, Fort Smith, AR 72901

$240,000

6,861,408 sqft 0.34 AC lot

Property package includes a salon, a 3-bedroom house, and a vacant lot in commercial zoning.

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See what stands out in Sebastian County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

Remodeled Historic Office Building

120 N 16th Street, Fort Smith, AR 72901

$589,000

5,112 sqft

Historic office property combines updated systems with five offices, conference rooms, and a third-story apartment.

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Mixed-Use Building with Leased Space

21 N 2nd Street, Fort Smith, AR 72901

$1,149,000

10,800 sqft

Two-level commercial property combining leased office space with a restaurant and bar in the Entertainment District.

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Historic Mixed-Use Building

500 Garrison Ave, Fort Smith, AR 72901

$425,000

6,158 sqft

Two-story property combines a restaurant, leased apartments, and unfinished upper-level space.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Mixed-Use Property with Acreage

5203 E Highway 45, Fort Smith, AR 72916

$209,000

2,031 sqft 0.91 AC lot

Flexible commercial layout with private rooms, shared areas, kitchen space, and an oversized garage.

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Mixed-Use Center with National Tenants

4600 Towson Ave, Fort Smith, AR 72901

Contact for pricing

35,449 sqft

Mixed-use center with a 71% leased strip component, anchored by national and regional tenants, plus additional leasing and out-parcel opportunities.

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Mixed-Use Property with Retail and Office

3610 Towson Ave, Fort Smith, AR 72901

Contact for pricing

Commercial space combines retail and office components within one property.

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Office Building with Shop Space

3203 Waco St, Fort Smith, AR 72903

Contact for pricing

2,328 sqft

Mixed-use property featuring office space and a shop.

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Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 10 Active listings in Fort Smith, AR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multi-Tenant Mixed-Use Building

803 N Broadway St, Poteau, OK 74953

$379,900

14,197 sqft

Flexible commercial property with separately entered suites, signage opportunities, and individual utility metering.

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Corner Storefront with Apartment

500 Main ST, Van Buren, AR 72956

$349,900

3,167 sqft 0.14 AC lot

1900-built commercial property combines front retail space with a rear apartment.

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Multi-Tenant Mixed-Use Property

803 N Broadway Street, Poteau, OK 74953

$379,900

14,197 sqft 0.40 AC lot

Commercial zoning and separate entrances support a flexible multi-suite configuration.

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Historic Mixed-Use Property

500 Main Street, Van Buren, AR 72956

Contact for pricing

3,167 sqft

Corner retail space pairs with an updated rear apartment, courtyard, parking, and current residential tenancy.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Corner Lot

Lot 2 271 Hwy S, Fort Smith, AR 72901

$79,000

0.60 AC lot

Commercially zoned corner parcel with convenient access to I-540.

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C-3 Special Commercial Land

TBD S Zero, Fort Smith, AR 72916

$400,000

4.49 AC lot

C-3 Special zoning supports retail, office, or mixed-use development on a sizable commercial tract.

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Commercial Land Along I-40

404 W Ray Fine Boulevard, Roland, OK 74954

$135,000

1.00 AC lot

Flat commercial tract with utility access and exposure near a major highway interchange and established hospitality destination.

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Prime Land in Fort Smith

Howard Hill, Fort Smith, AR 72916

$1,450,000

29.44 AC lot

29.44-acre parcel with high visibility and easy access.

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Off-Market Properties in Fort Smith, AR

Consider similar Off-Market properties in Fort Smith, AR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

OFFICE/RESIDENTIAL (MIXED USE)

2824 Midland Blvd, Fort Smith, AR 72904-4223

$160,000

Estimated value

7,330 sqft 0.51 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

3810 Towson Ave, Fort Smith, AR 72901-7262

$210,000

Estimated value

3,691 sqft 2.88 AC lot

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Office Spaces

5805 Us-271, Fort Smith, AR 72908

Value Estimation by Request

35,200 sqft 2.91 AC lot

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Fort Smith, AR Mixed-Use Properties Market Trends and Statistics

Explore 13 mixed-use properties for sale in Fort Smith, AR, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 6,940,244 square feet of properties for sale, with an estimated market value of $4,186,000.

Sale prices for multi use buildings in Fort Smith, AR start at $209,000, averaging $598,000, and reaching up to $1,149,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 94K

Population Growth (5Y) +7.1%

Median Household Income $56,234

College Educated 14.5%

High-Yield Neighborhoods for Investment

Identify Fort Smith submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
72901	$747.4K
72916	$1.2M
72908	$2M

Taxes & Financing

Tax Rate (average for all types) 5.17%

Property Tax per SF $96.64 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Sebastian County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Sebastian County

Office

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Fort Smith fall within the 100,000+ square foot range.

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Fort Smith, AR Mixed-use Properties for Sale

21 N 2nd ST, Fort Smith, AR 72901

500 Garrison AVE, Fort Smith, AR 72901

701 N 11th 1015 N G N 11th and G ST, Fort Smith, AR 72901

120 N 16th Street, Fort Smith, AR 72901

21 N 2nd Street, Fort Smith, AR 72901

500 Garrison Ave, Fort Smith, AR 72901

5203 E Highway 45, Fort Smith, AR 72916

4600 Towson Ave, Fort Smith, AR 72901

3610 Towson Ave, Fort Smith, AR 72901

3203 Waco St, Fort Smith, AR 72903

Opportunities in Nearby Cities

803 N Broadway St, Poteau, OK 74953

500 Main ST, Van Buren, AR 72956

803 N Broadway Street, Poteau, OK 74953

500 Main Street, Van Buren, AR 72956

Potential Development Sites for Consideration

Lot 2 271 Hwy S, Fort Smith, AR 72901

TBD S Zero, Fort Smith, AR 72916

404 W Ray Fine Boulevard, Roland, OK 74954

Howard Hill, Fort Smith, AR 72916

Off-Market Properties in Fort Smith, AR

2824 Midland Blvd, Fort Smith, AR 72904-4223

3810 Towson Ave, Fort Smith, AR 72901-7262

5805 Us-271, Fort Smith, AR 72908

Fort Smith, AR Mixed-Use Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Office

Residential Income

Property Size Breakdown

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