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1115 Garrison Ave
Fort Smith, AR 72901
Office Property For Sale
INVESTMENT HIGHLIGHTS
- In Fort Smith's Downtown Entertainment District!
EXECUTIVE SUMMARY
Step into one of Downtown Fort Smith’s most iconic properties at 1115 Garrison Avenue. This property offers 9,575 square feet of prime retail or office space. The second floor includes both an open storage area at the back and a spacious apartment with a mezzanine, located in the heart of Fort Smith’s Downtown Entertainment District. Highlights include a distinctive three-story patio, with the top level providing one of the best views of Downtown Fort Smith, as well as upgraded 400A power. The purchase price is $460,000. Lease rate is undisclosed; ownership is seeking a 3–5 year lease. Owner will also consider an exchange .Neighboring tenants include Johnston’s Quality Flowers, Red Roof Inn, the United States Post Office, C&H Tire, Harper Ellis HQ, Studio 6 Architects, Propak, and Immaculate Conception Church.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
9,575 SF
Building Class
C
Year Built
1984
Price
$460,000
Price Per SF
$48.04
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
4,788 SF
Building FAR
1.37
Lot Size
0.16 AC
Opportunity Zone
Yes
Parking
9 Spaces (0.94 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
PROPERTY TAXES
| Parcel Number | 12763-0010-00008-00 | Improvements Assessment | $21,370 |
| Land Assessment | $10,460 | Total Assessment | $31,830 |
PROPERTY TAXES
Parcel Number
12763-0010-00008-00
Land Assessment
$10,460
Improvements Assessment
$21,370
Total Assessment
$31,830
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