511 Main St Mountain Home, AR 72653-3841
This 3,600 square foot commercial building, located at 511 S Main St in Mountain Home, Arkansas (72653), presents a unique redevelopment opportunity. Situated in the vibrant Baker Street Entertainment District, this property boasts high visibility on Main Street, with over 16,000 daily traffic counts. Built in 1940, the rectangular building (25' x 120' with a 25' x 24' second floor) offers a blank canvas for creative vision. The building features front windows, a slab floor, and a commercial-grade roof in seemingly good condition. While currently a cold dark shell interior with no existing infrastructure, its location and potential are undeniable. The property includes two designated parking spaces in a nearby city lot. Zoned C-1, this property is ideal for retail, professional office, or entertainment uses. Its convenient location offers easy walkability to the town square and ample parking on adjacent streets. The 0.08-acre lot provides a solid foundation for a variety of ventures. Available for occupancy February 22, 2024. Asking price is $289,000 ($80.28/sq ft). 24-hour notice required for showings; keybox on site.
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Carney Law Firm Law Firm
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Carney Leo J Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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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.