510 Main St Little Rock, AR 72201

Property Details for 510 Main St

Year built

1941

Lot size

0.29 lot acres

Property size

62,688 SF

Property type

Office Properties & Spaces

APN

34L-020-04-097-00

APU

34L0200409700

Description

This exceptional mixed-use property, located at 510 Main St in Little Rock, Arkansas (72201), presents a unique redevelopment opportunity. The former MM Cohn Department Store building, boasting 62,688 square feet across five stories, sits on a 0.29-acre lot within Pulaski County's Creative Corridor. The building, constructed in 1941, has undergone complete demolition, with a portion of the first floor already finished. Plans are in place for two ground-level retail spaces and 34 upper-level loft apartments, catering to a diverse range of tenants. Ample parking is provided with 47 spaces. The property is zoned PCD and offers significant potential for investors due to its eligibility for Federal and State Historic Tax Credits, as well as Energy Retrofit rebates and financing. The asking price is $2,800,000, translating to $44.67 per square foot. This represents a compelling investment in a vibrant, revitalizing urban core. The property's APN is 34L0200409700. This is a multi-tenant building with significant upside potential for a savvy developer. The building's prime location and redevelopment potential make it an attractive investment for those seeking a high-return opportunity in a rapidly growing area.

Location Insight

City

Little Rock

County

Pulaski

State

Arkansas

Longitude

-92.2715

Latitude

34.7438

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments