107 Main StHarrison, AR 72601

Property Details for 107 Main St

Year built

1914

Lot size

0.10 AC

Property size (Sq ft)

4,390 SF

Property type

Retail space

APN

825-00966-000C

APU

82500966000C

Description

This stunning 7,650 square foot commercial property, located at 107 N Main Street in Harrison, Arkansas, presents a unique opportunity for a discerning business owner. Situated on a 0.1-acre lot in the heart of Harrison's newly established Entertainment District, this building boasts a rich history, dating back over 100 years. The property has undergone recent renovations, including the installation of a brand new floor and storefront, ensuring a modern and inviting space for your enterprise. All essential utilities are in place, with updated electrical systems and a functional HVAC system already installed, eliminating the need for costly upgrades. The building's prime location on the downtown square provides exceptional visibility and accessibility, placing your business at the center of community activity. This is an exceptional opportunity to establish or relocate your business in a vibrant and growing area, benefiting from the energy and foot traffic of the Entertainment District. The property's spacious layout offers significant flexibility for a variety of commercial uses, making it an ideal investment for both established businesses and ambitious entrepreneurs. Don't miss this chance to own a piece of Harrison's history and secure a thriving future for your business. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $562,546

  6.5%

  $519,273

  7%

  $482,182

• Comparable approach

  Method

  Valuation

  Relative Method

  $791,322

  Geo Method

  $791,322

• Alternative Use

  Use

  Valuation

  Residential

  $438,026

  Hospitality

  $401,230

  Educational

  $333,819

  Medical

  $345,299

  Retail

  $519,273

Location Insight

City

Harrison

County

Boone

State

Arkansas

Latitude

36.2301

Longitude

-93.1071

CBSA code

25460

CBSA name

HARRISON, AR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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