315 S 2nd St - Retail FOR SALE


Paragould, AR 72450
$550,000 USD
870-336-8000
315 S 2nd St, Paragould, AR for Sale
$550,000 USD
Retail - FOR SALE
1/5
null | Request Cap Rate

315 S 2nd St
Paragould, AR 72450


HIGHLIGHTS

  • Historic Samuel Family Gin
  • 12,350 SF of Flex Use Space
  • Well Positioned in Downtown Paragould
  • In Close Proximity to First National Bank, Centennial Bank, Dollar General, and the New Paragould City Hall
  • The Newest Opportunity for Revitalization in Downtown Paragould

OVERVIEW

Offered for sale is the Historic Samuel Family Gin, a landmark property located in the heart of downtown Paragould, Arkansas. Situated on a rare 2.18-acre site and featuring 12,350-square-foot historic structure, this property blends architectural character with unmatched scale in the downtown core. The Samuel Family Gin occupies a prominent position near downtown's primary anchors, including First National Bank, Centennial Bank, the new Paragould City Hall, and Dollar General - placing it at the center of Paragould's downtown commercial and civic activity. Over the past five years, the City of Paragould has fully revitalized downtown, investing heavily in public infrastructure, streetscape improvements, and municipal facilities. The transformation has created a vibrant, walkable district and increased demand for adaptive reuse and commercial redevelopment opportunities. The property offers excellent visibility, generous land area for parking or expansion, and a flexible layout suitabble for adaptive reuse, professional or medical offices, financial services, retail, mixed-use development, or a signature redevelopment project, subject to zoning and historic considerations. A rare opportunity to acquire an iconic historic asset with scale, exposure, and long-term upside in one of Northeast Arkansas's most dynamic downtown markets.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$45 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Downtown Paragould Commercial Opportunity

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Loft/Creative Space, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.18 AC

LAND SF

94,961 SF

ZONING

Commercial

APN/PARCEL ID

1525-00123-000

ASK ABOUT THIS PROPERTY

Mason CoyHaag Brown CommercialMore Info
870-336-8000

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Mason CoyHaag Brown CommercialMore Info
870-336-8000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.