For Sale
$130,000

920 Main StMalvern, AR 72104

High-traffic, multi-tenant income property

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional mixed-use property, located at 920 & 930 S Main St in Malvern, Arkansas, presents a compelling investment opportunity. Encompassing 5,352 square feet on a 0.66-acre lot, this single-story building, constructed in 1951, currently boasts 80% occupancy with two long-term tenants under month-to-month leases. The property features ample parking with 25 spaces, a significant advantage in this high-traffic area. The building's prime location in the heart of downtown Malvern ensures high visibility and consistent foot traffic. The permitted commercial zoning allows for flexibility, and the existing structure offers potential for expansion or renovation. An additional space is available, presenting an opportunity to secure a third tenant and increase rental income. A new roof liner was installed approximately five years ago. This property offers a blend of established income and future growth potential, making it an attractive investment in a thriving Arkansas community. The property includes two adjacent lots, providing ample space and parking. This is a rare opportunity to acquire a substantial commercial property in a desirable downtown location.

Highlights

  • $130,000 asking price for a 5,352 square foot mixed-use building.
  • Located in downtown Malvern, Arkansas, on two lots totaling 0.66 acres.
  • Features two long-term tenants on month-to-month leases, with 80% occupancy.
  • Offers 25 parking spaces and high visibility.
  • Potential for a third tenant in available space.

Property Details for 920 Main St

Property type
Specialty properties, Retail properties
Square Feet
5,352 SF
Year Built
1951
Stories
1
Lot Size (sq. ft)
28,750 SF

Location Insight

City
Malvern
County
Hot Spring
State
Arkansas
Latitude
34.3598883
Longitude
-92.8104524
920 Main St, Malvern, Arkansas

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920 Main St
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