21 N 2nd Street, Fort Smith, AR 72901

$1,149,000
10,800
SqFt

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List Price
$1,149,000
MLS#
1082304
Status
PENDING
County
Sebastian
City
Fort Smith
Living Area
10,800
Acres
0.15

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.

Additional Information

Days on Market
429
Year Built
1845
Cooling
Central Air, Electric
Heating
Central, Gas
Exterior Features
Sprinkler/Irrigation
Roof
Other, See Remarks

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Calculator source: Real Geeks

Listing courtesy of Team Shoppach from O'Neal Real Estate- Fort Smith