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    OFF-MARKET
    High-rise multifamily apartments

    221 2nd St, Little Rock, AR 72201-2505

    2,040 SF Built 1907
    Entity Owned Free & Clear
    Property ID
    US05-0739744
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type High-rise multifamily apartments
    Use group HIGH-RISE APARTMENTS
    Year built 1907
    Total area 2,040 SF
    APN 34L-020-51-111-10
    UPID US05-0739744
    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
    Current use
    Occupant on record · Public records
    • Brodie & Associates Ltd Law Firm
    • Opportunity Marketing Group Advertising Agency Marketing & Advertising
    • L&L studios (Bike/Boat/Book/etc) Store Photography Service
    • J R Nash & Associates Law Firm
    • DL Typing & Notary Services, LLC Law Firm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    PYRAMID BUILDING LLC
    PYRAMID BUILDING LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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