Property profile

322 Main St Little Rock, AR 72201

OFF-MARKET
Turn key restaurants
Property ID
US05-1065812
97,500 SF 0.34 ac lot Built 1912
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 3,231 square foot office space is located in the vibrant Main Street Corridor of Little Rock's downtown area, within the historic Mann on Main building. Built in 1912 and extensively renovated in 2013, this Class B, seven-story building offers a unique blend of historical charm and modern amenities. The property boasts a total of 119,732 square feet across one building, situated on a 1.2-acre lot. This particular space is part of a multi-tenant building and is currently vacant. The building is equipped with elevators for convenient access to all floors. Its prime location in Pulaski County places it within easy reach of Little Rock's thriving cultural scene, including the Arkansas Repertory Theatre, Ballet Arkansas, and Arkansas Symphony Orchestra, as well as numerous restaurants and entertainment venues. This presents a fantastic opportunity for businesses seeking a prestigious address in a dynamic and culturally rich environment. The available space offers significant potential for a variety of uses, making it an ideal location for companies looking to establish or expand their presence in the heart of Little Rock's downtown. The building's recent renovations ensure modern functionality and efficiency, while its historical character provides a unique and memorable workspace.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1912
Total area 97,500 SF
Lot 0.34 ac (14,810 SF)
APN 34L-020-04-108-01
UPID US05-1065812

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • State Government Office
  • Government Office
  • Association Or Organization
  • High School
  • Bar & Pub

Location

322 Main St Little Rock, AR 72201-2813
Little Rock metro Census 4400 LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$5.09M

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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