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    106 N Center St Lonoke, AR 72086

    New
    For Sale
    $299,900

    Business, Bldg and Land - Lonoke, AR

    Property size:
    2,213 SF
    Lot size:
    0.03 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 106 N Center St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    780-10510-003
    Parking
    8
    Interior features
    Public Restrooms, Equipment (see Remarks), Inventory (see Remarks), Smoke Detector, Burglar Alarm, Furnished, Kitchen Area, Ceiling Fans
    Size
    2,213 SF
    Lot size
    0.03 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1890
    Floors in Building
    2
    Building materials
    Brick, Wood Siding
    Roof type
    Metal
    Architectural style
    Other

    The Home Agency dba Berkshire Hathaway HomeServices AR Realty (501) 255-2000

    Listing agent Suzette Elmore (501) 255-2000

    Listing date Dec 2, 2025

    MLS# 25023994 Listing URL

    Copyright © 2025 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant and Art Studio

    This is a rare opportunity to acquire a well-established turnkey restaurant and art studio/gallery, known for its "farm to fork" meals and homemade desserts. The property is established and ready for new ownership. The venue offers art classes for all ages, a gift shop, takeout frozen meals, private rental options, and catering services. The building has 2213 square feet of space and sits on a 0.03-acre lot. It is located in Lonoke, Arkansas. The business is a fun, vibrant venue. Potential business uses include a restaurant and art studio. Lease options are available with a minimum of 6 months. The owner will consider possible financing with a suitable down payment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lonoke
    County
    Lonoke
    State
    Arkansas
    Longitude
    -91.900296
    Latitude
    34.784639

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    FAQs

    What type of property is this?
    Restaurant - Established restaurant and art studio with impressive clientele in Lonoke.
    Where is this restaurant located?
    The property is located at 106 N Center St Lonoke, AR.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: - Turnkey restaurant and art studio/gallery with established clientele.; - Known for "farm to fork" meals and homemade desserts.; - Diverse revenue streams: art classes, gift shop, takeout frozen meals, private rentals, and catering.
    (501) 255-2000
    Request Owner's contact information
    106 N Center St Lonoke, AR 72086
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    Lonoke, AR 72086
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    106 N Center St Lonoke, AR 72086
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