605 1st Ave NW
Gravette, AR 72736
Retail Property For Sale
![605 1st Ave NW, Gravette, AR for sale - Building Photo - Image 1 of 24](https://images1.loopnet.com/i2/GXw_tVyE7q-lVpDmOnbloS4v-6r8mPqmmvzPWKXnnC0/110/605-1st-Ave-NW-Gravette-AR-Building-Photo-1-Large.png)
![605 1st Ave NW, Gravette, AR for sale - Building Photo - Image 2 of 24](https://images1.loopnet.com/i2/Me0QIbYLBZKAwdt1N-XB-POmXrLq8ekbimdUqnndUTw/110/605-1st-Ave-NW-Gravette-AR-Building-Photo-2-Large.png)
INVESTMENT HIGHLIGHTS
- Over 80 feet of road frontage and industrial zoned building just north of Gravette’s commercial stretch on Highway 59.
- Traffic count is an estimated 6,100+ per day.
- Property located just minutes to downtown Gravette and currently utilized as a hair salon.
- Brand new radiant heating system and electric HVAC in 2025.
- Gravette continues to grow with a population increase of 6.84% since 2020.
- Industrial zoning: permitted use includes storage, assembly and manufacturing. Could be utilized for office, retail, or professional services.
EXECUTIVE SUMMARY
Over 80 feet of road frontage and industrial zoned building just north of Gravette’s commercial stretch on Highway 59. Brand new radiant heating system and electric HVAC in 2025. Traffic count is an estimated 6,100+ per day. Gravette continues to grow with a population increase of 6.84% since 2020. Property located just minutes to downtown Gravette and currently utilized as a hair salon. Industrial zoning: permitted use includes storage, assembly and manufacturing. Could be utilized for office, retail, or professional services.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,264 SF
Building Class
C
Year Built
1950
Price
$170,000
Price Per SF
$134
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.17 AC
Zoning
Industrial - permitted use includes storage, assembly and manufacturing
Parking
10 Spaces (7.91 Spaces per 1,000 SF Leased)
Frontage
89 FT on 1st Avenue Northwest
AMENITIES
- Corner Lot
PROPERTY TAXES
Parcel Number | 11-00019-000 | Improvements Assessment | $13,323 |
Land Assessment | $3,999 | Total Assessment | $17,322 |