Commercial Property for Sale in Little Rock Arkansas 72201
617 S Broadway St, Little Rock, Arkansas 72201
$8,000,000
$31 / sq ft Listed Dec 23, 2025
254,993 sqft
Building
1 acres
Lot
1972
Built
11
Stories
261
Units
Class B
Class
About this property
Commercial Property for Sale in Little Rock Arkansas 72201 is a lodging and hospitality for sale in Little Rock, Arkansas, listed at $8,000,000. Key details: year built 1972, building size 254,993 sqft, lot size 1 acres, stories 11. Listed by Timothy Takao of Amber Hotel Company on LoopingCloud and last updated December 23, 2025.
261-Room Downtown Little Rock Hotel: Major Repositioning Opportunity
This 11-story, interior-corridor hotel, formerly a La Quinta Inn & Suites, is ideally situated in the heart of Downtown Little Rock, Arkansas. This asset presents a significant value-add opportunity for an experienced operator to reposition and reintroduce a major brand to the market.
Key Investment Highlights:
-
Size & Scale: Dominant 261-room property in a key downtown location.
-
Ready for Restart: Closed since 2022 due to a plumbing incident, the property has been fully repaired, including the installation of a brand-new fire panel system.
-
Rebranding Potential: Opportunity for a favorable rebrand to a Hyatt, Best Western, or other prominent flag, allowing the new owner to capture market share.
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Strong Market Data: The competitive set (Upper Midscale, 100-150 rooms) averages 57% occupancy and $106 ADR (RevPAR $60, as of Sep 2025), demonstrating significant potential for high revenues once the asset is updated and fully operational.
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Prime Location: Located near major highways (I-40, 30, 57) and only six miles from Clinton National Airport. The downtown location benefits from strong business, government, and cultural demand drivers (Clinton Library, River Market District, State Capitol).
Acquiring this large, repaired hotel offers the chance to capture substantial RevPAR in a robust capital city market.
Key highlights
- Corridor Interior
- Parcel Number 34L-020-06-010-00
- ROOM MIX INFORMATION:
- 261 Units
- 11 Story, Interior Corridor Hotel
- Priced to Sell at $30,000 Per Key
- Prime Location in Downtown Little Rock
- 5,500 (+/-) Sq Ft of Event Space
- Offers Encouraged
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Property details
Key facts
- Year Built
- 1972
- Building Size
- 254,993 sqft
- Lot Size
- 1 acres
- Stories
- 11
- Total Units
- 261
- Building Class
- Class B
- Heating & Cooling
- Heating and Cooling
- Property Status
- Normal Sale
- Building Status
- Existing
Pricing details
- Financing
- Third Party Financing
- Investment Property
- Active investment property
Investment snapshot
$31
Price per sq ft
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $8,000,000 | - | - | - | - |
Features and amenities
Property Features
- Zoning: UU - Development of traditional urban form with multiple permitted uses.
- Corridor: Interior
- Business Center, Fitness Center, Pool, On-Site Retail
- Parcel Number: 34L-020-06-010-00
- ROOM MIX INFORMATION:
- DESCRIPTION: Suite - No. ROOMS: 12 - DAILY RATES: $113.00
- DESCRIPTION: Guest Room - No. ROOMS: 249 - DAILY RATES: $97.00
Highlights
- 261 Units
- 11 Story, Interior Corridor Hotel
- Priced to Sell at $30,000 Per Key
- Prime Location in Downtown Little Rock
- Absentee Ownership, Perfect Opportunity for Focused Owner
- Currently Closed: 60+ Rooms of the 261 Are Unfurnished. Property Has Been Repaired and Updated with New Sprinkler System Following Plumbing Leaks in 2022
- 5-Story Parking Garage Located Behind the Hotel is Included
- Multiple Flags Available for Conversion including Hyatt, Wyndham Brands including La Quinta, Choice brands including Clarion Pointe, Best Western, and Others
- 5,500 (+/-) Sq Ft of Event Space
- Walking Distance to the Arkansas State Capitol, the River Market, the Arkansas River, the William J. Clinton Presidential Library & Museum, and a Few Miles from Clinton National Airport (LIT) and the Statehouse Convention Center
- Direct Access to Interstate 30 and Several Other Interstates
- Offers Encouraged
Location
Address as shown by the lister.
Get directionsAbout this area - Little Rock
- Population
- 636
- Housing units
- 419
- Land area
- 1.3 sq mi
- County
- Pulaski
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Frequently asked questions
What is the asking price of Commercial Property for Sale in Little Rock Arkansas 72201?
Commercial Property for Sale in Little Rock Arkansas 72201 is listed at $8,000,000. That works out to about $31 per square foot.
Where is Commercial Property for Sale in Little Rock Arkansas 72201 located?
The property is in 617 S Broadway St, Little Rock, Arkansas 72201, Pulaski County.
What type of property is this?
This is a lodging and hospitality for sale in the commercial category.
How big is the property?
The building is 254,993 sqft. The lot is 1 acres.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Timothy Takao of Amber Hotel Company listed this property. Use the Request Info button to send a message or call (818) 851-3300.
When was this listing published?
It was published on December 23, 2025 and last updated on December 23, 2025.
Listing information
- Listing ID
- CL-Arkansas-27179
- Published
- Dec 23, 2025
- Last updated
- Dec 23, 2025
- Views
- 384
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