For Sale Commercial MLS# 26015161

301 S Main

Malvern, AR 72104

$380,000

About 301 S Main

Prime downtown location in the heart of Malvern's business district with good visibility and accessibility. Property updated in 1991; see architectural plans at the building. Upper level expanded (~ 687 sq. ft.) after 2000, with plumbing and electrical for kitchen, shower, sink and toilet. Even space for a bedroom and storage. Downstairs has a lounging room and space for a washer and dryer. This adds mixed-use potential (retail downstairs + residential loft upstairs), which can appeal to owner-users or investors seeking extra income from living quarters. Recent upgrades: Two new heating and cooling units (2023, $18,800 cost) for 2-zone climate control, improving comfort and reducing immediate buyer costs. In early 2024, the lighting fixtures were transitioned to energy-efficient LED lighting in the main 16-foot retail space. No monthly maintenance!

Property details

Property

Type
Building and Land
MLS type
Commercial / Industrial
Status
Active
Year built
1974
Living area
4,921 sqft
Price / sqft
$77
Lot
0.22 AC
Original price
$442,890
MLS #
26015161

Location

Subdivision
Dwntwn Retail Bus Dist
Area
Dwntwn Retail Bus Dist
County
Hot Spring
Directions
From I-30 go South on Hwy 270. Follow until you see the police station & continue over the RR overpass to the Downtown Bus. Dist. The 1st street to the left is 2nd St.; next at the light is 3rd St. Park on 3rd St. or at the rear of the building.

Location

Neighborhood
Dwntwn Retail Bus Dist

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Listed by Kay Osborne, ERA TEAM Real Estate

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.