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203 S Neal Street, Prairie Grove, AR 72753

Washington County

Key Facts

2,600Sq Ft
1980Year Built
0.31Lot (acres)

Description

Exceptional mixed-use property offering the perfect opportunity for residential, commercial, or live/work use. Situated on a prominent corner lot, this updated property features recent improvements, including paneling replaced with drywall, new flooring throughout, updated electrical and plumbing fixtures, new countertops, & a new kitchen sink. Landscaping & exterior enhancements provide curb appeal. The flexible mixed-use zoning opens the door to a variety of potential uses, making this an excellent investment for entrepreneurs, small business owners, or those seeking a property with income-producing potential. Conveniently located near historic downtown and within one block of shops, restaurants, & other local amenities, the property offers excellent accessibility. Its proximity to the local fire department adds another layer of convenience. Whether you're looking to establish a business, create a live/work space, this versatile, move-in-ready property is full of possibilities.

Property Information

Property Type

Commercial Sale

Sub-Type

Office

Year Built

1980

Living Area

2,600 sq ft

Lot Size

0.31 acres

Days on Market

26

MLS® Listing#

1349703

Property Features

Exterior

Storage

Appliances

Gas Water HeaterTankless Water Heater

Cooling

Central AirElectric

Heating

Natural GasCentral

Flooring

CarpetVinyl

Basement

None

Lot Features

Corner LotCity Lot

Construction

Masonite

Foundation

Slab

Roof

Shingle

Security

Smoke Detector(s)

Utilities

Cable AvailableElectricity AvailableNatural Gas AvailableSewer AvailableWater Available

Sewer

Public Sewer

Water Source

Public

Financial Details

Annual Taxes

$2,596

Parcel Number

805-19559-000

Directions

Hwy 62 to Prairie Grove. At first stop light take a R. At stop sign at Harps take R on Buchannan, L on Neal, house will be on L.

Affordability Calculator

$69,980

Estimated monthly payment

$1,862/mo

Principal $279,920 · Est. interest $390,513 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Prairie Grove, AR

$341,379
Median Listing Price
68
Median Days on Market
1,800
Median Sq Ft
$193
Median Price / Sq Ft
129
Active Listings
  • This home’s price is 2% above the area median.
  • Its price per sq ft is 30% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Prairie Grove, AR.

Location

Map showing the location of 203 S Neal Street, Prairie Grove, AR 72753

Points of Interest in Prairie Grove, AR

Showing the Prairie Grove area map.

Nearby Schools

  • Prairie Grove School District 23

    School · 0.2 mi away

  • Prairie Grove Middle School

    Elementary · 0.8 mi away

  • Prairie Grove High School

    Secondary · 0.8 mi away

  • Prairie Grove Lower Elementary School

    Elementary · 0.9 mi away

  • Prairie Grove Upper Elementary School

    Elementary · 1.0 mi away

  • Prairie Grove Elementary School

    Elementary · 1.0 mi away

  • Farmington High School

    Secondary · 5.3 mi away

  • Farmington Basketball Arena

    School · 5.3 mi away

  • Bob Folsom Elementary School

    Elementary · 5.4 mi away

  • Lincoln New Tech High School

    Secondary · 5.4 mi away

  • Farmington Middle School

    Elementary · 5.7 mi away

  • Farmington Public Schools

    Secondary · 5.8 mi away

  • From Caterpillars To Butterflies

    School · 5.8 mi away

  • Lincoln High School Baseball Field

    Secondary · 6.0 mi away

  • Lincoln Elementary School

    Elementary · 6.1 mi away

  • Lincoln Consolidated School District

    School · 6.1 mi away

  • Lincoln Middle School

    Secondary · 6.1 mi away

  • West Washington Co

    School · 6.4 mi away

  • Williams Elementary

    Elementary · 7.2 mi away

  • West Fork Elementary School

    Elementary · 7.6 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

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Moving Cost Estimate

EXIT Agents in Prairie Grove

Listing Courtesy: Keller Williams Market Pro Realty - 479-777-8031

Presented by: Dave Hodges Team

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Northwest Arkansas Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Northwest Arkansas Board of REALTORS®. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by NorthwestArkansasBoardOfRealtorsMls. MLS® Listing#1349703. © 2026EXIT Realty®. All rights reserved.