117 Main St, Harrison, AR 72601-4227
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.
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.