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    OFF-MARKET
    Office buildings

    100 Main St, Harrisburg, AR 72432-1930

    1,380 SF 0.03 ac lot Built 1898
    Entity Owned 20-yr Hold Absentee Owner Free & Clear
    Property ID
    US05-1620816
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1898
    Total area 1,380 SF
    Lot 0.03 ac (1,307 SF)
    APN 111-00086-0000
    UPID US05-1620816
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Abstracts Of Po Co INC · 20 yrs held
    Abstracts Of Po Co INC
    since 2005
    1 recorded transaction
    2005
    $20,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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