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Tara Limbird

Principal Broker | Operator | Limbird Real Estate Group | PLACE

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21 N 2nd St , Fort Smith, AR 72901
$1,149,000
Est. Payment: $5,923.47/mo
0 Bed
0 Bath
10800 Sqft
Status: Active | Days on site: 351
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Tara Limbird
Principal Broker | Operator

House 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.

Highlights

Listed by Team Shoppach , 479-461-4190 O'Neal Real Estate- Fort Smith , 479-242-4609. Fort Smith Board of Realtors

Property Type

Commercial Sale

Lot/Acreage
0.15

Year Built

1845

County

Sebastian

Listing ID

1082304

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Appliances:Gas Water Heater
Air Cond:Central Air,Electric
Fireplaces:
Floor:Carpet,Laminate,Wood
Basement:Finished,Walk-Out Access
Water:Public

Exterior Features

Lot:Central Business District,City Lot
Lot Dimensions:50x133
Zoning:Commercial
Roof:Other,See Remarks
Others:
  • Additional:Sprinkler/Irrigation
Sewer:Public Sewer
Parking Features:Parking Lot,On Street
Principal Interest
$5,923
Taxes
$583

Home Price

$1,149,000

Loan Details

30 yrs
6.687%

Down Payment

20%
$229,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,923.47

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,923.47 $583.42 $0.00 $6,506.89
Yearly $71,081.65 $7,001.00 $0.00 $78,082.65
Total $2,132,449.52 $210,030.00 $0.00 $2,342,479.52

Today's Rates

30 Year

6.69%

20 Year

6.61%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Fort Smith, AR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Fort Smith Board of Realtors and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-09-04T20:32:53.000Z

© 2026 Fort Smith Board of Realtors