Technical
Financial
Distress signals
Property profile

117 Main St Harrison, AR 72601

OFF-MARKET
Retail space
Property ID
US05-0500210
9,636 SF 0.12 ac lot Built 1914
Trust Owned 17-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail property, located at 117 N Main Street in the heart of downtown Harrison, Arkansas, presents a unique investment opportunity. Boasting a substantial 9,636 square feet of space spread across three distinct levels, this building offers unparalleled versatility. The current configuration is ideal for retail use, with multiple possibilities for expansion or adaptation. The three separate entrances provide convenient access and potential for multiple tenants or distinct business operations. The prime location on Main Street places the property within the vibrant and revitalizing downtown area, ensuring high visibility and foot traffic. The upper levels present a significant opportunity for conversion into residential living spaces, adding another dimension to the property's income potential. The 0.12-acre lot provides ample space for outdoor activities or potential expansion. Properties of this size and location in Harrison are rarely available, making this a truly exceptional investment prospect. The building's substantial size and flexible layout provide a blank canvas for a wide range of commercial ventures, from retail shops and restaurants to offices and mixed-use developments. Don't miss this chance to acquire a landmark property in a thriving downtown area. Priced at $275,000, this is an opportunity not to be missed.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1914
Total area 9,636 SF
Lot 0.12 ac (5,227 SF)
APN 825-00960-000C
UPID US05-0500210

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Home Decor Store

Location

117 Main St Harrison, AR 72601-4227
Harrison metro Census 790502 HARRISON, AR MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2009
1 recorded transaction
2009
$56,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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