220 W 6th St

220 W 6th St , Little Rock, Arkansas, 72201 | 20,000 sq.f | $ 1,500,000

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About This Restaurant

Investment Highlights

Executive Summary

Historic Gem for Sale in Downtown Little RockUnlock the doors to a piece of history with this extraordinary opportunity to own a charming historic building in the heart of downtown Little Rock. Nestled amidst the bustling cityscape, this architectural masterpiece offers a unique blend of timeless elegance and modern potential.Key Features:Architectural Splendor: This historic building showcases timeless architectural details, including intricate facades, ornate moldings, and large, inviting windows, making it a standout landmark in downtown Little Rock.Versatile Space: The building's interior boasts a spacious and flexible layout, perfect for a variety of uses, such as offices, retail spaces, or even residential conversions. Let your creativity run wild as you reimagine this historic gem.Location, Location, Location: Situated in the heart of downtown, this property enjoys proximity to cultural attractions, dining, entertainment, and business hubs, ensuring a vibrant and dynamic setting for any venture.Historical Significance:Rich Heritage: With a history dating back [insert number] years, this building has played a significant role in the cultural and architectural tapestry of Little Rock. Owning this property means becoming a custodian of a piece of the city's rich past.Listed on Historic Registers: [If applicable] This property may be listed on local or national historic registers, providing not only a unique charm but potential financial incentives for preservation.Investment Potential:Opportunity for Adaptive Reuse: Capitalize on the trend of adaptive reuse by transforming this historic structure into a boutique hotel, creative office space, upscale residences, or any other visionary concept that aligns with the vibrant downtown community.Tourism Draw: Little Rock attracts history enthusiasts and tourists alike. Owning a historic building in the heart of downtown positions your investment as a unique destination and a part of the city's tourism appeal.Practical Considerations:Structural Integrity: This well-maintained building retains its structural integrity, offering a solid foundation for redevelopment while preserving its historic charm.Zoning and Development Opportunities: Explore the zoning regulations and potential development incentives that can enhance the value and functionality of this historic property.Don't Miss Your Chance:This is a rare opportunity to own a piece of Little Rock's history and contribute to the city's vibrant future. Seize the moment and contact us today to schedule a private tour of this historic gem in downtown Little Rock.

Property Details

  • Sale Type    Investment or Owner User
  • Sale Conditions    1031 Exchange 1031 Exchange Redevelopment Project 1031 Exchange
  • Property Type    Retail
  • Property Subtype    Restaurant Restaurant OfficeLoft Creative Space Office Office Residential Office Industrial Live Work Unit Restaurant
  • Building Size    20,000
  • Year Built/Renovated    1922/2015
  • Price    1,500,000
  • Price Per SF    75
  • Cap Rate    5.87
  • NOI    88,000
  • Percent Leased    50
  • Building Height    2 Stories
  • Building FAR    1.90
  • Land Acres    0.24 AC

Nearby Amenities & Transportation

Retail Simmons Bank
Retail Bank OZK
Retail Regions Bank
Retail Centennial Bank
Retail Starbucks
Retail Church's Chicken
Retail The YMCA
Retail Bank of America
Retail U.S. Bank
Retail Benihana

Property Taxes

Parcel Number 34L-020-05-028-00 Improvements Assessment $63,000
Land Assessment $128,900 Total Assessment $191,900
Date Created: 2024-07-16 04:09:19 Last Updated: 2024-07-16 04:09:19
Address: 220 W 6th St , Little Rock, Arkansas, 72201