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117-119 W Bean St 5,718 SF 100% Leased Retail Building Lincoln, AR 72744 $745,750 CAD ($130.42 CAD/SF)
Investment Highlights
- Two ground-level retail suites with modern open layouts and high ceilings
- Upgraded MEP systems allow for multi-use tenancy and operational efficiency
- Located within 2 miles of all Lincoln Schools and near major community destinations
- Upstairs includes two unfinished apartments for value-add potential
- Current tenant occupies a retail space through June 2027, providing immediate income
- Nearby retail and service amenities include Harps, Dollar General, Arvest Bank, and Simmons Bank
Executive Summary
117–119 W Bean Street presents a rare acquisition opportunity in the growing Lincoln market. The property consists of two updated retail suites on the ground floor with modernized layouts, upgraded finishes, and functional amenities including a kitchenette and new lighting enhancements. With B-1 zoning and well-maintained mechanical systems, the asset is designed to support stable occupancy and long-term versatility for a variety of tenants or owner-users.
An additional upside exists through two partially framed upstairs apartments, providing the foundation for future income generation. Situated within close proximity to schools, municipal offices, dining destinations, and residential neighborhoods, the property benefits from steady traffic and community engagement. Its position within a tight-knit commercial district further enhances both investment security and tenant desirability.
Whether positioned for investment or owner operation, this offering capitalizes on a property with both immediate cash flow and latent value creation potential in a high-demand regional setting.
An additional upside exists through two partially framed upstairs apartments, providing the foundation for future income generation. Situated within close proximity to schools, municipal offices, dining destinations, and residential neighborhoods, the property benefits from steady traffic and community engagement. Its position within a tight-knit commercial district further enhances both investment security and tenant desirability.
Whether positioned for investment or owner operation, this offering capitalizes on a property with both immediate cash flow and latent value creation potential in a high-demand regional setting.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
5,718 SF
Building Class
B
Year Built/Renovated
1910/2024
Price
$745,750 CAD
Price Per SF
$130.42 CAD
Percent Leased
100%
Building Height
1 Story
Zoning
B-1
Amenities
- Air Conditioning
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 790-18231-000 | Improvements Assessment | $15,428 CAD |
| Land Assessment | $2,066 CAD | Total Assessment | $17,494 CAD |
Property Taxes
Parcel Number
790-18231-000
Land Assessment
$2,066 CAD
Improvements Assessment
$15,428 CAD
Total Assessment
$17,494 CAD
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117-119 W Bean St
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