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824 W Capitol Ave 9,000 SF 100% Leased Retail Building Little Rock, AR 72201 $675,000 ($75/SF)
Investment Highlights
- Highly visible location in Downtown Little Rock with 119 feet of Capitol Avenue frontage.
- Suitable for multiple retail or dining concepts with flexible open-plan interior and single-story layout.
- Walkable urban setting complemented by accessible transit options and strong connectivity to major routes.
- Surrounded by civic attractions, hotels, and growing residential density that drives consistent consumer traffic.
Executive Summary
This retail property at 824 W Capitol Avenue presents a compelling opportunity in the heart of Downtown Little Rock. Positioned on a 0.48-acre site with 119 feet of frontage on Capitol Avenue, this freestanding structure offers significant visibility and ease of access. The building consists of approximately 9,000 square feet, configured for restaurant or retail use, and is further supported by on-site parking for up to 50 vehicles.
Little Rock’s downtown district is an established hub for restaurants, entertainment, and professional services, attracting both daytime business traffic and evening patrons. The property’s location benefits from proximity to major thoroughfares and civic destinations and is within a walkable neighborhood supported by moderate public transit accessibility. At full occupancy, this site offers multiple operational possibilities, positioned near growing redevelopment and a base of surrounding hotels and residential communities. Investors seeking stable long-term value and potential creative utilization will find this property favorable due to its strong location fundamentals and existing zoning flexibility.
Little Rock’s downtown district is an established hub for restaurants, entertainment, and professional services, attracting both daytime business traffic and evening patrons. The property’s location benefits from proximity to major thoroughfares and civic destinations and is within a walkable neighborhood supported by moderate public transit accessibility. At full occupancy, this site offers multiple operational possibilities, positioned near growing redevelopment and a base of surrounding hotels and residential communities. Investors seeking stable long-term value and potential creative utilization will find this property favorable due to its strong location fundamentals and existing zoning flexibility.
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,000 SF
Building Class
C
Year Built
1948
Price
$675,000
Price Per SF
$75
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.43
Lot Size
0.48 AC
Zoning
C-2 - Commercial
Parking
50 Spaces (5.56 Spaces per 1,000 SF Leased)
Frontage
119’ on Capitol Ave Ave
Moderately walkable
60/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 34L-020-14-119-00 | Improvements Assessment | $5,021 |
| Land Assessment | $50,179 | Total Assessment | $55,200 |
Property Taxes
Parcel Number
34L-020-14-119-00
Land Assessment
$50,179
Improvements Assessment
$5,021
Total Assessment
$55,200
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Presented by
Renaissance Properties Limited Inc
824 W Capitol Ave
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