315 S 2nd St, Paragould, AR 72450

Downtown Paragould Commercial Opportunity

2.18 Acres • 12,350 SF Building Offered for sale is the Historic Samuel Family Gin, a landmark property located in the heart of downtown Paragould, Arkansas.

Situated on a rare 2.18-acre site and featuring a 12,350-square-foot historic structure, this property blends architectural character with unmatched scale in the downtown core. The Samuel Family Gin occupies a prominent position near downtown’s primary anchors, including First National Bank, Centennial Bank, the new Paragould City Hall, and Dollar General—placing it at the center of Paragould’s downtown commercial and civic activity.

Over the past five years, the City of Paragould has fully revitalized downtown, investing heavily in public infrastructure, streetscape improvements, and municipal facilities. This transformation has created a vibrant, walkable district and increased demand for adaptive reuse and commercial redevelopment opportunities.

The property offers excellent visibility, generous land area for parking or expansion, and a flexible layout suitable for adaptive reuse, professional or medical offices, financial services, retail, mixed-use development, or a signature redevelopment project, subject to zoning and historic considerations. A rare opportunity to acquire an iconic historic asset with scale, exposure, and long-term upside in one of Northeast Arkansas’s most dynamic downtown markets.