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    OFF-MARKET
    Retail space

    223 Main St, Mountain View, AR 72560-6465

    4,224 SF 0.22 ac lot Built 1955
    Individually Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US05-0639323
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1955
    Total area 4,224 SF
    Lot 0.22 ac (9,583 SF)
    APN 720-00015-000C
    UPID US05-0639323
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Kaylie Nichols · 5 yrs held
    Kaylie Nichols
    since 2021
    Last sale
    $246,000
    3 recorded transactions
    2021
    2020
    $246,000
    2012
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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