21 N 2nd ST, Fort Smith, AR 72901
21 N 2nd ST, Fort Smith, AR 72901
21 N 2nd ST, Fort Smith, AR 72901
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$1,149,000
Est. payment /mo
10,800 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 10,800 sqft

Price per Sqft $106

MLS Listing ID 1082304

HOA Y/N No

Year Built 1845

Annual Tax Amount $7,001

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Business

Property Description

Discover a unique opportunity to own a piece of local history with this iconic Class A commercial property, affectionately known as “The Hole in the Wall” building. Boasting over 150 years of rich local roots, this exceptional property features a total area of 10,800 square feet. The top floor offers 4,700 square feet of leased office space, currently utilized by professional tenants, while the bottom floor encompasses 6,100 square feet leased as a bustling restaurant & bar, renowned for serving one of the area's best Oscar-topped filet mignons.
Ideally located in the vibrant Entertainment District, this building is close to the Amphitheater, Public Event Buildings, and both National and Local museums, providing a dynamic environment for visitors and locals alike. Additionally, there is a free public parking lot conveniently situated across the street, enhancing accessibility for patrons and tenants.
This remarkable building has been thoughtfully revitalized with modern updates, ensuring all major systems—including electrical, plumbing, skylights, roof, HVAC, and fire suppression—are in excellent condition. The property generates an impressive annual income in the six figures and is occupied by long-term tenants, providing a stable return on investment.
Viewing is available to qualified buyers during business hours only, making this an exciting opportunity for those looking to invest in a blend of history, modernity, and profitability. For more information or to schedule a viewing, please contact your local Commercial Real Estate Expert.

Location

State AR

County Sebastian

Rooms

Basement Finished, Walk-Out Access

Interior

Heating Central, Gas

Cooling Central Air, Electric

Flooring Carpet, Laminate, Wood

Fireplace No

Appliance Gas Water Heater

Exterior

Exterior Feature Sprinkler/Irrigation

Parking Features Parking Lot, On Street

Utilities Available Cable Available, Electricity Available, Fiber Optic Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Water Access Desc Public

Roof Type Other,See Remarks

Building

Lot Description Central Business District, City Lot

Foundation Slab, Stone, Cellar

Sewer Public Sewer

Water Public

Others

Tax ID 11317-0007-00008-00

Security Features Smoke Detector(s),Security System,Fire Sprinkler System

Special Listing Condition Corporate Listing

Virtual Tour https://www.propertypanorama.com/21-N-2nd-Street-Fort-Smith-AR-72901/unbranded


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Listed by O'Neal Real Estate- Fort Smith

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Professional Service

Professional Service

+1(479) 589-2575

Broker | License ID: EB00060190

Broker License ID: EB00060190

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