920 Main St Malvern, AR 72104-5221
- Individual retail properties
- 5,352 SF
- 0.28 lot acres
Current Use by Public Records
- Obsessions Salon / Beauty Salon / Hair Salon
Property Details for 920 Main St
- Year built
- 1951
- Lot size
- 0.28 lot acres
- Property size
- 5,352 SF
- Property type
- Individual retail properties
- APN
- 700-01798-000
- APU
- 70001798000
Description
This exceptional mixed-use property, located at 920 & 930 S Main St in Malvern, Arkansas, presents a compelling investment opportunity. Encompassing 5,352 square feet on a 0.66-acre lot, this single-story building, constructed in 1951, currently boasts 80% occupancy with two long-term tenants under month-to-month leases. The property features ample parking with 25 spaces, a significant advantage in this high-traffic area. The building's prime location in the heart of downtown Malvern ensures high visibility and consistent foot traffic. The permitted commercial zoning allows for flexibility, and the existing structure offers potential for expansion or renovation. An additional space is available, presenting an opportunity to secure a third tenant and increase rental income. A new roof liner was installed approximately five years ago. This property offers a blend of established income and future growth potential, making it an attractive investment in a thriving Arkansas community. The property includes two adjacent lots, providing ample space and parking. This is a rare opportunity to acquire a substantial commercial property in a desirable downtown location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Malvern
- County
- Hot Spring
- State
- Arkansas
- Longitude
- -92.8105
- Latitude
- 34.3599
- CBSA code
- 31680
- CBSA name
- MALVERN, AR MICROPOLITAN STATISTICAL AREA
