223 Main St, Mountain View, AR 72560-6465
This exceptional retail investment opportunity presents a fully occupied, 4,224 square foot storefront located at 223 W Main St, Mountain View, AR 72560. The property, built in 1955 and renovated in 2020, boasts a 100% occupancy rate with two units, generating a substantial net operating income (NOI) of $66,360 and an attractive 11.64% cap rate. The asking price is $569,900, translating to $134.92 per square foot. The property sits on a 0.22-acre lot and is zoned for commercial use. Included is a one-bedroom, one-bathroom efficiency apartment, currently generating rental income and offering additional revenue streams. The property also includes a fully operational flea market setup with a waiting list of potential vendors. Conveniently located on the Courthouse Square, this property benefits from high foot traffic and proximity to shopping and the Pickin' Park. Private parking is available at the rear, supplemented by nearby public parking. This turnkey operation offers multiple income streams and significant potential for future growth. The current lease terms are expiring, providing the new owner with flexibility and control. This is a rare opportunity to acquire a profitable, established business with significant upside potential in a desirable location.
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
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.