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    121 Hazel St Newport, AR 72112

    Sponsored
    For Sale
    $150,000

    Building and Land - Newport, AR

    Property size:
    4,064 SF
    Lot size:
    0.50 Acres
    Days on Market:
    6
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 121 Hazel St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking
    6
    Size
    4,064 SF
    Lot size
    0.50 Acres

    Building Details

    Year built
    1940
    Floors in Building
    1
    Architectural style
    Other

    Dalrymple Real Estate (501) 268-2445 [email protected]

    Listing agent Austin Durham (501) 268-2445

    Listing date Dec 31, 2025

    MLS# 25037372 Listing URL

    Copyright © 2026 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 in Downtown Newport

    This property presents an opportunity to own a fully equipped, turnkey restaurant in a dynamic downtown Newport location, situated near the new Technical Depot. The restaurant includes all kitchen equipment, featuring commercial-grade appliances, refrigeration, and prep stations, facilitating immediate operation. The dining area is designed to be welcoming and customizable to fit various brand concepts. In addition to the main building, the property includes a solid brick outbuilding suitable for additional storage, office space, catering operations, or future expansion. The large lot provides outdoor space for parking, patio seating, or potential development. The property benefits from its prime downtown location, high foot traffic, and proximity to a growing hub of innovation and business. The property size is 4064 square feet and the lot size is 0.5 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Jackson
    State
    Arkansas
    Longitude
    -91.281943198742
    Latitude
    35.606037880046

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    FAQs

    What type of property is this?
    Turn key restaurant - Fully equipped restaurant with additional brick outbuilding and large lot.
    Where is this turn key restaurant located?
    The property is located at 121 Hazel St Newport, AR.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Prime downtown location adjacent to the new Technical Depot, ensuring high visibility and foot traffic.; - Turnkey restaurant operation with a FULLY EQUIPPED COMMERCIAL KITCHEN, ready for immediate use.; - Large lot offering potential for patio dining, events, additional parking, or future development.
    (501) 268-2445
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    121 Hazel St Newport, AR 72112
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    Newport, AR 72112
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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
    121 Hazel St Newport, AR 72112
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