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Owner Finance Available. Prime commercial opportunity in a high-traffic, central location. This recently renovated 1,604 sq ft building offers excellent visibility and versatility, formerly operating as a smoke shop and previously a restaurant—making it well-suited for a variety of business uses. Positioned in the heart of town, the property is within walking distance to the high school and directly across from the hospital, providing consistent foot and vehicle traffic. Features include existing walk-in refrigerators, a drive-thru window, a bathroom, dedicated office space, and a spacious paved lot with ample parking. Ideal setup for restaurant, retail, or service-based business with strong potential for redevelopment or continued commercial use.

Highlights

  • Commercial Sale
  • Retail
  • Built in 1998
  • 0.8 Acre Lot
  • 197 days on Market

  • Year Built
    1998
  • Construction Materials
    Stucco
  • Foundation
    Slab
  • Living Area
    1604.0
  • Appliances
    Gas Water Heater
  • Cooling
    Central Air
  • Heating
    Central

  • Acres
    0.8
  • Lot Features
    City Lot, Interior Lot
  • Utilities
    Sewer Available, Electricity Available, Water Available, Natural Gas Available
  • Water
    Public

  • County
    Yell
  • City
    Danville
  • Zip Code
    72833

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Frequently Asked Questions

How do I schedule a tour of 508 E 8th St?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 508 E 8th St.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 508 E 8th St?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $248,375. We can talk through recent upgrades, potential seller motivation, how this retail compares to others in Danville, and can even get you in to see the property quickly.

How do I get a virtual tour of 508 E 8th St?

Yes! A virtual tour is available for 508 E 8th St. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.

How much is the monthly mortgage payment for 508 E 8th St?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 508 E 8th St at around $1,517. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 508 E 8th St?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Yell County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 508 E 8th St?

In most cases, yes. Whether 508 E 8th St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Danville's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 508 E 8th St?

We can handle that for you. Our preferred local agent specializes in commercial sales in Danville and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $248,375 with 1,604 sqft of space—that comes out to approximately $155 per square foot.

How long has this property been on the market?

508 E 8th St was listed on April 29, 2026, which means it's been on the market for 197 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1998, making it approximately 28 years old.

What is the lot size of this property?

508 E 8th St sits on a 0.8-acre lot, which is 34,848 square feet.

What are the property taxes for 508 E 8th St?

The most recent public record shows annual property taxes for 508 E 8th St were approximately $1,237. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 508 E 8th St still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information 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 by the MLS. Copyright 2026, Northwest Arkansas Board of REALTORS. All rights reserved.

Last Updated: November 12, 2026 at 05:11PM | Source: Northwest Arkansas Board of REALTORS | MLS#: 1344612