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Office/Multifamily Conversion 323 Center St 199,330 SF 46% Leased 4-Star Office Building Little Rock, AR 72201 For Sale

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INVESTMENT HIGHLIGHTS

  • Beautiful meandering Arkansas River views with famous downtown attractions
  • Walk to 15 restaurants within three blocks, fitness clubs, banks, fun attractions
  • Nearby William J Clinton Presidential Center, Heifer International Headquarters, new elegant Arkansas Museum of Fine Arts
  • High profile location in center of commerce downtown Little Rock
  • Walk to Historic Capital Hotel, Robinson Center and Doubletree Hotel, One block from Main Street, LR Technology Park
  • Ten-minute drive to Clinton National Airport

EXECUTIVE SUMMARY

Prefect for Multi-Family Conversion!
Downtown Little Rock is vibrant with its surge of new developments and The Tower Building is in the center of it all. Residents will enjoy living close to work in the center of commerce and a short walk or trolley ride to most area attractions and restaurants. Metro Little Rock region is made up of 12 counties with a population of one million people in its workforce. There are currently 50 active businesses and 10,000 jobs at the Little Rock Port with more coming. City leaders predict thousands of new apartments are needed in the near future to accommodate new business. Downtown Arkansas Children's Hospital and nearby University of Arkansas Medical Sciences are two of the 10 world class health options in the city. Several schools downtown include one block away E Stem Charter School, (K-12) and private schools, historic Central High School and Philander Smith College. Company headquarters including Dillard’s, Acxiom, Heifer are located downtown. Historic Churches and Cathedrals outline many of the area streets. Downtown Little Rock is a thriving exciting walkable community to invest.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
199,330 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
1960
Percent Leased
46%
Tenancy
Multiple
Building Height
18 Stories
Typical Floor Size
9,305 SF
Slab To Slab
13’
Building FAR
9.34
Lot Size
0.49 AC
Zoning
Commercial - zoned for professional office, retail, medical use, and multi-family
Parking
250 Spaces (1.25 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Dry Cleaner
  • Restaurant
  • Security System
  • Roof Terrace
  • Sky Terrace
  • Outdoor Seating
  • Air Conditioning
  • Balcony

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 100
  • 1,500 SF
  • Retail
  • Partial Build-Out
  • Now

Call agent for details!

  • 1st Fl-Ste 101
  • 1,500 SF
  • Retail
  • Partial Build-Out
  • Now

Call agent for details!

  • 1st Fl-Ste 170
  • 1,472 SF
  • Retail
  • Partial Build-Out
  • Now

Call agent for details!

  • 2nd Floor
  • 9,305 SF
  • Office
  • Partial Build-Out
  • Now
  • 3rd Floor
  • 9,305 SF
  • Office
  • Partial Build-Out
  • Now
  • 4th Floor
  • 9,305 SF
  • Office
  • Partial Build-Out
  • Now
  • 6th Floor
  • 9,305 SF
  • Office
  • Partial Build-Out
  • Now
  • 7th Floor
  • 6,000 SF
  • Office
  • Partial Build-Out
  • Now
  • 8th Floor
  • 9,305 SF
  • Office
  • Partial Build-Out
  • Now
  • 9th Floor
  • 9,305 SF
  • Office
  • Partial Build-Out
  • Now
  • 13th Floor
  • 9,305 SF
  • Office
  • Partial Build-Out
  • Now
  • 15th Floor
  • 6,000 SF
  • Office
  • Full Build-Out
  • Now

Call agent for details!

  • 16th Floor
  • 9,305 SF
  • Office
  • Full Build-Out
  • Now

New buildout available per tenant's requirements. Remodeling entire floor and will let tenant choose wall placement, etc.

  • 17th Floor
  • 9,305 SF
  • Office
  • Partial Build-Out
  • Now
  • 18th Floor
  • 8,000 SF
  • Office
  • Partial Build-Out
  • Now

Top floor with balcony surrounding, beautiful views. Currently occupied.

Space Size Space Use Condition Available
1st Fl-Ste 100 1,500 SF Retail Partial Build-Out Now
1st Fl-Ste 101 1,500 SF Retail Partial Build-Out Now
1st Fl-Ste 170 1,472 SF Retail Partial Build-Out Now
2nd Floor 9,305 SF Office Partial Build-Out Now
3rd Floor 9,305 SF Office Partial Build-Out Now
4th Floor 9,305 SF Office Partial Build-Out Now
6th Floor 9,305 SF Office Partial Build-Out Now
7th Floor 6,000 SF Office Partial Build-Out Now
8th Floor 9,305 SF Office Partial Build-Out Now
9th Floor 9,305 SF Office Partial Build-Out Now
13th Floor 9,305 SF Office Partial Build-Out Now
15th Floor 6,000 SF Office Full Build-Out Now
16th Floor 9,305 SF Office Full Build-Out Now
17th Floor 9,305 SF Office Partial Build-Out Now
18th Floor 8,000 SF Office Partial Build-Out Now

1st Fl-Ste 100

Size
1,500 SF
Space Use
Retail
Condition
Partial Build-Out
Available
Now

1st Fl-Ste 101

Size
1,500 SF
Space Use
Retail
Condition
Partial Build-Out
Available
Now

1st Fl-Ste 170

Size
1,472 SF
Space Use
Retail
Condition
Partial Build-Out
Available
Now

2nd Floor

Size
9,305 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

3rd Floor

Size
9,305 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

4th Floor

Size
9,305 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

6th Floor

Size
9,305 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

7th Floor

Size
6,000 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

8th Floor

Size
9,305 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

9th Floor

Size
9,305 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

13th Floor

Size
9,305 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

15th Floor

Size
6,000 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

16th Floor

Size
9,305 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

17th Floor

Size
9,305 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

18th Floor

Size
8,000 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

1st Fl-Ste 100

Size 1,500 SF
Space Use Retail
Condition Partial Build-Out
Available Now

Call agent for details!

1st Fl-Ste 101

Size 1,500 SF
Space Use Retail
Condition Partial Build-Out
Available Now

Call agent for details!

1st Fl-Ste 170

Size 1,472 SF
Space Use Retail
Condition Partial Build-Out
Available Now

Call agent for details!

15th Floor

Size 6,000 SF
Space Use Office
Condition Full Build-Out
Available Now

Call agent for details!

16th Floor

Size 9,305 SF
Space Use Office
Condition Full Build-Out
Available Now

New buildout available per tenant's requirements. Remodeling entire floor and will let tenant choose wall placement, etc.

18th Floor

Size 8,000 SF
Space Use Office
Condition Partial Build-Out
Available Now

Top floor with balcony surrounding, beautiful views. Currently occupied.

Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (73)
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.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
34L-020-05-016-00
Land Assessment
$213,440
Improvements Assessment
$813,660
Total Assessment
$1,027,100
  • Listing ID: 34698661

  • Date on Market: 2/3/2025

  • Last Updated:

  • Address: 323 Center St, Little Rock, AR 72201

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