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506 E Main St
Siloam Springs, AR 72761
Retail Property For Sale
Executive Summary
Unique Historic Commercial Opportunity! Discover a rare opportunity to own a piece of local history in the heart of Siloam Springs. This distinctive historic commercial building blends timeless character with major modern updates, making it an exceptional investment. The building is in excellent condition & features soaring 12-foot ceilings & abundant windows that flood the space w/ natural light, creating an inviting & functional environment. Major infrastructure upgrades were completed in 2017, incl a TPO roof & new water, electric, & sewer connections to the city—offering peace of mind for years to come. Adding to its value, current tenants have recently signed an extension thru 8/31/2034, providing long-term stability & income. The property benefits from strong foot traffic & energy, w/ a thriving coffee shop located next door & a vibrant mix of downtown businesses nearby. This is more than a building—it’s an opportunity to become a lasting part of a growing downtown and a community rich in history & momentum.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,533 SF
Building Class
B
Year Built/Renovated
1940/2017
Price
$850,000
Price Per SF
$130.11
Tenancy
Single
Building Height
1 Story
Building FAR
0.60
Lot Size
0.25 AC
Opportunity Zone
Yes
Parking
13 Spaces (1.75 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 03-00945-000 | Improvements Assessment | $54,318 |
| Land Assessment | $8,843 | Total Assessment | $63,161 |
Property Taxes
Parcel Number
03-00945-000
Land Assessment
$8,843
Improvements Assessment
$54,318
Total Assessment
$63,161
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