Advertise
    Evansville, AR
    Conventional Restaurant

    Evansville, AR Conventional Restaurants for Sale

    Notify Me
    List
    Map
    Stilwell, OK Canehill, AR Lincoln, AR Morrow, AR Natural Dam, AR West Fork, AR Westville, OK Summers, AR
    Restaurant Building with Commercial Kitchen
    Updated: Jun 8
    Restaurant Building with Commercial Kitchen

    20674 S Highway 59, Evansville, AR 72729

    $299,900
    4,580 sqft 2.02 AC lot
    4,580 sq ft commercial building (per CH), built in 1986
    Former K'T's restaurant building; currently utilized as an event center
    Fully equipped commercial kitchen included
    Includes tables and chairs for events or dining setup
    Building is not currently in operation but is described as fully equipped and ready for use
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    20674 S Highway 59, Evansville, AR 72729

    View Property Analytics

    • Est. Cap Rate

      8.9%
      Above avg (5.9%)

    • Est. NOI

      $27K
      Annual

    • Price @ 7% Cap

      $383K
      Above asking

    • Property Type

      Restaurant
      Built 1986
    View Property Analytics
    Restaurant Building with Highway Frontage
    Updated: Jun 1
    Restaurant Building with Highway Frontage

    20674 S Highway 59, Evansville, AR 72729

    $299,900
    4,580 sqft 0.87 AC lot
    4,580 sq ft commercial building (per CH) built in 1986, currently used as an event center
    Highway 59 frontage with highly visible access, located 7 miles from Stilwell
    Fully equipped commercial kitchen plus tables and chairs included
    Includes 4 bathrooms, including 2 handicap‑accessible restrooms
    3 heat pumps and all‑electric utilities; rural water and fiber internet available
    View details
    Restaurant and Event Venue Building
    Restaurant and Event Venue Building

    20674 Highway 59, Evansville, AR 72729

    $299,900
    1.60 AC lot

    Turnkey restaurant/event property with an on-site commercial kitchen, set up for dining or gatherings on 1.6 acres.

    View details
    Restaurant and Event Center Building
    Restaurant and Event Center Building

    20674 S Hwy 59, Evansville, AR 72729

    Contact for pricing
    4,580 sqft

    Fully equipped commercial kitchen and event setup, with Highway 59 visibility and ADA-friendly restroom access.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Evansville, AR, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Remodeled Commercial Building with Income
    Remodeled Commercial Building with Income

    111 W Bean Street, Lincoln, AR 72744

    $625,000
    4,230 sqft

    4,230 sqft building in Lincoln, AR with income potential.

    View details
    Remodeled Restaurant Building
    Remodeled Restaurant Building

    111 W Bean St, Lincoln, AR 72744

    $625,000
    4,230 sqft

    Remodeled restaurant building with a vent hood and walk-in cooler, currently occupied through 5/31/27.

    View details
    Remodeled Venue on Prime Acres
    Remodeled Venue on Prime Acres

    1390 N Legion Drive, Tahlequah, OK 74464

    $1,450,000
    4,121 sqft 7.00 AC lot

    Commercial venue on 7 acres, remodeled, outside city limits.

    View details
    Remodeled Multi-Use Commercial Building
    Remodeled Multi-Use Commercial Building

    1390 N Legion DR, Tahlequah, OK 74464

    $1,450,000
    4,121 sqft 7.00 AC lot

    Remodeled commercial building with commercial kitchen, banquet hall with stage, multiple offices, two bathrooms, and 3 HVAC units.

    View details

    Evansville, AR Conventional Restaurants Market Trends and Statistics

    Explore 4 conventional restaurants for sale in Evansville, AR, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 13,740 square feet of properties for sale, with an estimated market value of $899,700.

    Sale prices for conventional restaurants in Evansville, AR average $299,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 4
    Commercial kitchens 3

    Demographics Overview

    Population 121
    Population Growth (5Y) -26.7%

    High-Yield Neighborhoods for Investment

    Identify Evansville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    72729 $299.9K

    Taxes & Financing

    Tax Rate (average for all types) 3.16%
    Property Tax per SF $26.98 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Washington County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Washington County

    Residential Income

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Evansville, AR

    Popular Categories

    Most Searched ZIP Codes in Evansville, AR

    • 72729

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!