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Plaza Theater Building 128 W Central Ave 7,882 SF Vacant Retail Building Bentonville, AR 72712 $3,990,000 ($506.22/SF)

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INVESTMENT HIGHLIGHTS

  • Dynamic and highly sought-after area in Downtown Bentonville
  • Corporate home of Wal-Mart. New headquarters under construction on 350 acres only 1.3 miles away.

EXECUTIVE SUMMARY

Investment opportunity! Don’t miss this once in a lifetime opportunity to own the iconic Plaza Theatre Building located one block from the thriving Downtown Bentonville Square & the Razorback Greenway Trail. The Arts & Market Districts…Crystal Bridges, Amazeum, The Momentary, 8th Street Market, new Walmart Corporate Headquarters…are just a short walk or bike ride away. The building is currently a LIVE MUSIC AND SPECIAL EVENTS VENUE with some retail. Development potential exists for restaurant, retail, or office space. Easy access to on-street parking & public parking garages in close proximity. Building is 7,882 square feet (main floor = 4902sf & mezzanine/second floor/third floors combined = 2980sf) North side of building has alley access for loading, etc. The ceiling height is approx. 20'. There are 3 HVAC units serving the space and a partial basement area
Current tenant, Meteor Guitar Gallery, has a month-to-month lease in place, and the business is not for sale.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,882 SF
Building Class
B
Year Built
1927
Price
$3,990,000
Price Per SF
$506.22
Percent Leased
Vacant
Building Height
2 Stories
Building FAR
1.54
Lot Size
0.12 AC
Zoning
DC - Downtown Core - The Downtown Core comprises that area of the Bentonville Square and extends those urban characteristics along the primary downtown area
Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Walmart Neighborhood Market
Arvest
CrossFit
Bank of America
Ww (weight Watchers)
Jazzercise
First Horizon Bank
Co-op
Orangetheory Fitness
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-01066-000
Land Assessment
$104,435
Improvements Assessment
$79,454
Total Assessment
$183,889
  • Listing ID: 33145840

  • Date on Market: 9/11/2024

  • Last Updated:

  • Address: 128 W Central Ave, Bentonville, AR 72712

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