Mixed-Use Land for Sale in Fayetteville, Arkansas
216 Locust Ave, Fayetteville, AR 72701
Development opportunity in a prime downtown Fayetteville location! Three adjoining parcels at 210, 212, and 216 N. Locust Avenue offer approximately 0.59 acres near Dickson Street, the Fayetteville Downtown Square, Walton Arts Center, TheatreSquared, and the University of Arkansas. Zoned Downtown General, the assemblage offers flexibility for residential, multifamily, office, neighborhood retail, restaurant, or mixed-use development, subject to applicable city requirements and approvals. Potential concepts include residences above commercial space, multifamily housing, or office and studio uses. Convenient access to downtown dining, shopping, entertainment, and cultural attractions makes this a compelling opportunity for investors and developers.
Location
- Street address
- 216 Locust Ave, Lot 5 & 8
- County
- Washington County
- Zip code
- 72701
- Community
- Fayetteville Original
- School district
- Fayetteville
- Elevation
- 1,378 feet
Directions
From I-49, take Exit 67 for Martin Luther King Jr. Blvd and head east. Turn left onto S School Ave, right onto W Center St, then left onto N Locust Ave; continue to 216 N Locust Ave. Property will be on the right.
Property details
- Lot size
- 0.59 acres25,700 sq ft
- MLS #
- ARMLS 1366755
- Posted
Property taxes
- Recent
- $2,826
Parcels
- 765-01694-000
Legal description
Parcel ID 765-01694-000, 765-01697-000, 765-01698-000, Lot 5 & 8, Block 4, Fayetteville Original Sub, S-T-R 16-16-30, Washington County
Details and features
Listing
- Type
- Land
- Franchise
- RE/MAX International
Lot
- Features
- Landscaped, Level
Structure
- Sewer
- Public Sewer
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Nov 5, 2026 | New listing | $2,250,000 | — | ARMLS |