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Tara Limbird

Principal Broker | Operator | Limbird Real Estate Group | PLACE

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20 Town Square St , Greenwood, AR 72936
$565,000
Est. Payment: $2,912.76/mo
0 Bed
0 Bath
7400 Sqft
Status: Active | Days on site: 3
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Tara Limbird
Principal Broker | Operator

House Description

Highly Desirable Income-Producing Commercial Property in Greenwood's Old Town Square Take advantage of this exceptional investment opportunity in the heart of Greenwood. This approximately 7,400-square-foot commercial building features four separate entrances and is currently 75% leased, with the owner occupying the remaining 25%—offering immediate rental income and future income potential. The main storefront facing the square welcomes visitors with a spacious foyer and includes three additional rooms currently used for massage therapy. The building's largest suite features a charming coffee and tea café, a full kitchen, and ample storage space. The second suite offers a large reception/living area with three additional rooms, presently configured for tanning services, along with storage. The third suite includes a welcoming foyer, three massage therapy rooms, and additional storage, making it ideal for wellness services. The fourth suite is home to a fitness/workout center and includes an office and private restroom. Shared amenities include common restrooms, hallways, and additional storage areas, providing convenience for both tenants and customers. With a 7.43% cap rate and the opportunity to lease the owner-occupied space or reconfigure for additional tenants, this property offers strong cash flow with excellent upside potential. Whether you're expanding your investment portfolio or seeking a prime mixed-use commercial property, this is an opportunity you won't want to miss. Trade fixtures and furniture do not convey.

Highlights

Listed by Carrie Gibson , 479-222-8509 and Amanda Richmond , 479-719-8162 McGraw REALTORS , 479-226-3931. Fort Smith Board of Realtors

Property Type

Commercial Sale

Year Built

1969

County

Sebastian

Listing ID

1090188

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Appliances:Electric Water Heater, Gas Water Heater
Air Cond:Central Air
Fireplaces:
Floor:Carpet,Ceramic Tile,Laminate,Vinyl

Exterior Features

Lot:City Lot
Lot Dimensions:--
Parking Features:Parking Lot,On Street
Principal Interest
$2,913
Taxes
$360

Home Price

$565,000

Loan Details

30 yrs
6.687%

Down Payment

20%
$113,000
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Monthly Price:
$2,912.76

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,912.76 $360.19 $0.00 $3,272.95
Yearly $34,953.12 $4,322.25 $0.00 $39,275.37
Total $1,048,593.54 $129,667.50 $0.00 $1,178,261.04

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 (Greenwood, 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