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Tara Limbird

Principal Broker | Operator | Limbird Real Estate Group | PLACE

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500 Garrison Ave , Fort Smith, AR 72901
$425,000
Est. Payment: $2,191.01/mo
0 Bed
0 Bath
6158 Sqft
Status: Active | Days on site: 362
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Tara Limbird
Principal Broker | Operator

House Description

Historic Garrison Avenue Gem – Mixed-Use Building in the Heart of Downtown Fort Smith Don’t miss this rare opportunity to own a piece of Fort Smith history right on iconic Garrison Avenue! This two-story historic building features approximately 6,158 square feet under roof and offers a unique mix of current income and future potential. The main level currently houses a charming, established restaurant, and there are two leased apartments providing steady rental income. The entire second floor is a blank slate, full of possibilities—ideal for luxury lofts, office space, or short-term rentals. With soaring ceilings, large windows, and loads of original brick and architectural details, this property is absolutely oozing with character. Key Features: 6,158 SF under roof Prime location on Garrison Avenue, Downtown Fort Smith Income-producing with existing restaurant and 2 apartments Unfinished second floor ready for buildout Rich in original charm: exposed brick, vintage woodwork, and tall ceilings Zoned for flexible use – perfect for investors or owner-occupants This is your chance to own a true downtown Fort Smith landmark with built-in cash flow and space to grow. Interior photos only include upstairs. Downstairs photos coming soon. Schedule your showing today and explore the endless possibilities this historic building has to offer!

Highlights

Listed by Aaron O'Neal , 918-774-5743 O'Neal Real Estate , 479-739-8087. Fort Smith Board of Realtors

Property Type

Commercial Sale

Lot/Acreage
0.04

County

Sebastian

Listing ID

1081823

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot Dimensions:See County
Parking Features:On Street
Principal Interest
$2,191
Taxes
$152

Home Price

$425,000

Loan Details

30 yrs
6.687%

Down Payment

20%
$85,000
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:
$2,191.01

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,191.01 $151.58 $0.00 $2,342.60
Yearly $26,292.17 $1,819.00 $0.00 $28,111.17
Total $788,765.05 $54,570.00 $0.00 $843,335.05

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