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    OFF-MARKET
    Retail space

    117 Main St, Harrison, AR 72601-4227

    9,636 SF 0.12 ac lot Built 1914
    Trust Owned 17-yr Hold Free & Clear
    Property ID
    US05-0500210
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Griffin Family Trust · 17 yrs held
    Griffin Family Trust
    since 2009
    1 recorded transaction
    2009
    $56,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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