205 S Main St Berryville, AR 72616
- Strip malls
- 16,200 SF
- 0.79 lot acres
Current Use by Public Records
- Strip malls
Property Details for 205 S Main St
- Year built
- 1965
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.79 lot acres
- Property size
- 16,200 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 875-01262-000
- APU
- 87501262000
Description
This exceptional Berryville investment opportunity presents a substantial 16,200 square foot retail complex situated on a 1.24-acre lot at 205, 207, and 209 South Main Street. The property boasts a well-established, 150-seat movie theater with a long history of providing entertainment to the community, dating back to its origins in the late 1940s. In addition to the cinema, the building includes a fully operational restaurant and numerous rental spaces suitable for offices and retail businesses. Many of these spaces are occupied by long-term tenants, ensuring a stable income stream. Family-owned and operated since 1974, this property offers a unique blend of historical significance and proven profitability. The extensive property also includes a large parking lot, a portion of which is currently leased, adding to its revenue potential. A current termite policy is in place, extending through December 2024, providing peace of mind to the prospective buyer. The asking price is $824,995. Showings are scheduled between 8:00 AM and 11:00 AM to accommodate the current operations. This is a rare chance to acquire a piece of Berryville history with significant income-generating potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Berryville
- County
- Carroll
- State
- Arkansas
- Longitude
- -93.5663
- Latitude
- 36.3631
