221 2nd St, Little Rock, AR 72201-2505
This exceptional retail opportunity is located at 221 W 2nd Street in Little Rock, Arkansas, a vibrant location in the heart of the Central Business District. The property, built in 1907, is a single, ten-story building totaling 81,102 square feet. Currently, one restaurant space is available, measuring 2,190 square feet, perfect for a variety of culinary concepts. The building features convenient elevator access. Its strategic position at the intersection of 2nd and Center Streets offers unparalleled visibility and accessibility. Across the street from the Stephens Building, this property benefits from high foot traffic and proximity to key attractions. The location is ideal, being near county courthouses, numerous hotels, other restaurants, and the bustling River Market District, ensuring a strong customer base. This is a rare chance to establish a business in a highly sought-after area of Pulaski County, Arkansas, with a zip code of 72201. The property's historical charm combined with its modern conveniences makes it an exceptional investment opportunity. The single-building property offers a unique opportunity for a restaurant to thrive in a high-traffic, central location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
No recorded transactions found for this property.
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.