109 SE Main St, Gravette, AR 72736
For Sale
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This stunning, historic building at 109 SE Main Street in Gravette, Arkansas, presents a unique investment opportunity. Boasting approximately 4,000 square feet of versatile space, this property is ideal for a variety of commercial uses. The main level features open office/retail space with attractive hardwood floors, large retail windows with display wells, and original tin ceilings adding to its charm. Two fully renovated bathrooms, each with multiple stalls, ensure ample facilities for customers and employees. A unique bar area with a granite countertop and three-compartment sink adds potential for food and beverage service. A full walk-out basement provides substantial storage space. Upstairs, a mezzanine level, accessible via a spiral staircase, offers additional space currently utilized as an entertainment area. This level includes oversized his and hers lounge rooms and an updated private bathroom. The courthouse records do not include the mezzanine/second-floor square footage in the total square footage
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Shelter Insurance Gravette Insurance Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.