205 S Main St, Berryville, AR 72616
For Sale
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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.
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
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.