100 Main St, Harrisburg, AR 72432-1930
This exceptional investment opportunity presents two historically significant buildings situated on Main Street in the heart of downtown Harrisburg, Arkansas. The property comprises 100 N. Main Street, a 1898 structure originally serving as a bank, and 102 N. Main Street, constructed in 1896. 100 N. Main Street boasts 1,380 square feet of main floor space, a unique feature being its intact walk-in vault, a testament to its rich history. Above the main floor is a substantial 2,000 square foot unfinished second floor, presenting significant potential for conversion into a loft apartment or additional commercial space. This upper level received a new roof in May 2022. The adjacent 102 N. Main Street building offers 1,200 square feet of space and benefits from a new roof installed in 2016. Both buildings have been enhanced with new windows featuring a lifetime warranty, ensuring long-term cost savings and reduced maintenance. The combined lot size is 0.03 acres. This property offers a rare blend of historical charm and significant development potential, making it an ideal investment for those seeking a unique and profitable venture in a vibrant downtown setting. The asking price for this remarkable property is $189,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.