627 Main St Van Buren, AR 72956-5111
- Retail space
- 5,184 SF
Current Use by Public Records
- EKG Firearms / Store
Property Details for 627 Main St
- Year built
- 1896
- Property size
- 5,184 SF
- Property type
- Retail space
- APN
- 700-00282-000-C
- APU
- 70000282000C
Description
This exceptional 5,184 square foot building, located at 627 Main Street in Van Buren, Arkansas, presents a unique investment opportunity. Situated on a 0.069-acre lot (APN 700-00282-000-C), this historic property is ideally positioned in the heart of downtown Van Buren, offering high visibility and foot traffic. Its prime location is directly adjacent to the new Pointer Brewery and shares the street with Arts on Main, ensuring a vibrant and thriving commercial environment. The building's classification as a restaurant and storefront provides versatility for a range of businesses. The asking price is $495,000, translating to a price per square foot of $95.49. A significant advantage is the property's eligibility for historical tax credits, offering potential cost savings and financial incentives for the buyer. This presents a rare chance to acquire a well-situated, historically significant commercial property in a rapidly developing area of Van Buren, Arkansas, zip code 72956. The property's location is further defined by its coordinates: latitude 35.436038273301115 and longitude -94.35350054093975. This is a turnkey opportunity for an astute investor seeking a strong return in a desirable location.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $270,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $193,000
- AI Estimate
- $202,000
Market price range: $174k - $506kMarket price range: $173k - $646k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $345,000 Current use
- OFFICE BUILDING
- $405,000 Change: +17% Conversion: Easy
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Van Buren
- County
- Crawford
- State
- Arkansas
- Longitude
- -94.3537
- Latitude
- 35.4362
- CBSA code
- 22900
- CBSA name
- FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA