Property summary
This exceptional investment opportunity presents two single-story commercial buildings totaling 7,236 square feet, situated at 2301 & 2414 S 56th Street in Fort Smith, Arkansas. The property, zoned C-5, comprises three suites across two buildings, offering flexibility for various uses. Currently, 3,000 square feet are vacant, presenting immediate potential for lease income. Built in 1995, the buildings boast a Class C rating and feature a desirable 10-foot ceiling height. The location is highly advantageous, situated in an established retail corridor just off Rogers Avenue, near popular businesses such as Calico County and Middle Earth Pet Shop. The property's address is 2301 & 2414 S 56th Street, Fort Smith, AR 72903, with cross streets of S 56th & 56th Street. The property includes two buildings, each one story, and is situated in Sebastian County (APN: 11669-0013-00002-00). The property type is classified as Retail, Office, and Special Purpose, with subtypes including Creative Office, Executive Office, and Medical Office, making it suitable for a diverse range of tenants. This multi-tenant property offers a strong foundation for immediate income generation and long-term growth. The convenient location and versatile space make this an attractive investment for savvy buyers seeking a foothold in a thriving Fort Smith market.
Property profile
VerifiedCap rate & NOI
Current use
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Tanning Salon
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Nail Salon
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Alternative Medicine Practice Spa & Massage Center
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Tattoo & Piercing Shop
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(Bike/Boat/Book/etc) Store Pet Store & Service
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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