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Restaurant Property
For Sale
$275,000

402 E Martin Luther King Dr, Madison, AR 72359

Commercial / Industrial, Madison, AR

Property Size3,360 SF
Lot Size0.25 Acres
Price / SF$81.85
Days on Market399

Property Features for 402 E Martin Luther King Dr

General Information

Property type Commercial Sale
Property subtype Other
Parking 1
Directions Take US-70 E/E Broadway to Madison, AR. Turn right onto 5th Street and go to Martin Luther King and make a left, keep straight and your destination will be on your right.
Subdivision Only restaurant in town
Standard status Active
Size 3,360 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description E 1/2
Tax Annual Amount 1691
Legal Description E 1/2

Building Details

Year built 2019
Floors in Building 1
Listing Agency: Hastings Real Estate
Listed By: Isaac Wilburn
Added: Aug 7, 2025 Changed: Aug 26 Last Checked: Sep 9 at 8:06AM
MLS# 25031664

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.

Investment Insights

Based on property information with market context.

This restaurant property at 402 E Martin Luther King Dr in Madison, Arkansas, contains 3,360 square feet on a 0.25-acre parcel. The building was constructed in 2019 and is classified within the conventional restaurant property category.

The address is in Madison, ZIP Code 72359, in St. Francis County. The property is offered for sale as a restaurant-focused commercial asset.

Key Highlights

  • 3,360‑square‑foot restaurant property
  • 0.25‑acre parcel
  • Constructed in 2019

Property Analytics

Current Use

Conventional restaurants

Location Intelligence

Trade Area within ½ mile

31
Businesses Nearby
Well-served
Demand for This Use

Demographics for 72359, AR

405
Population
181
Households
2.2
Avg Household Size
51
Median Age
6%
College-Educated
83%
High-School Grad
0.7 sq mi
ZIP Area
579
Density / Sq Mi
$54,943
Median Earnings
$56,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property constructed in 2019 with an established commercial footprint.
Where is this conventional restaurant located?
The property is located at 402 E Martin Luther King Dr Madison, AR.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 3,360‑square‑foot restaurant property; 0.25‑acre parcel; Constructed in 2019
More about this property
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