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417-419 Main St 8,550 SF 100% Leased Retail Building North Little Rock, AR 72114 $1,070,000 ($125.15/SF)
EXECUTIVE SUMMARY
The property is located in the heart of North Little Rock’s Argenta Arts District, a historic district with restaurants, retail shops, art, theatres, outdoor venues, and residential spaces all in a walkable eclectic neighborhood. The 2nd floor office space features a restroom and small sink/kitchenette area. Over $100,000 in renovations have been completed throughout the building: new roof, new rooftop deck (apartment), exterior and interior paint (2nd floor), new carpet (office), and re-finished hardwoods (apartment). Within a few blocks of Simmons Bank Arena, Dickey Stephens Park, Argenta Community Theater, Argenta Branch Library, Argenta Innovation Center and the Arkansas River Trail. Free public parking along Main Street and on nearby cross streets – additional surface parking is available within the surrounding blocks.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,550 SF
Building Class
C
Year Built/Renovated
1895/2001
Price
$1,070,000
Price Per SF
$125.15
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.40
Lot Size
0.14 AC
Opportunity Zone
Yes
Parking
12 Spaces (1.4 Spaces per 1,000 SF Leased)
Frontage
63’ on Main St
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 33N-274-00-006-00 | Improvements Assessment | $156,037 |
| Land Assessment | $31,693 | Total Assessment | $187,730 |
PROPERTY TAXES
Parcel Number
33N-274-00-006-00
Land Assessment
$31,693
Improvements Assessment
$156,037
Total Assessment
$187,730
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417-419 Main St
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