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Restaurant Building with Two Dining Rooms
For Sale
$415,000

49 Old Military Road, Colt, AR 72326

Commercial / Industrial, Colt, AR

Property Size4,500 SF
Lot Size0.60 Acres
Price / SF$92.22
Days on Market40

Property Features for 49 Old Military Road

General Information

Property type Commercial Sale
Property subtype Other
Parking 30
Directions Sits on the southwest corner of the intersection of Hwy 1 and Old Military Road. Right behind First National Bank of Eastern Arkansas branch bank.
Subdivision ST. FRANCIS COUNTY
Standard status Active
APN 0802-00164-0000
Size 4,500 SF
Lot size 0.60 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PT NE COR NE NE 19-6-3 & .60 A
Tax Annual Amount 2270
Legal Description PT NE COR NE NE 19-6-3 & .60 A

Building Details

Year built 2001
Floors in Building 1
Listing Agency: Kelly Lewis Real Estate
Listed By: Kelly Lewis
Added: Aug 1 Changed: Sep 6 Last Checked: Sep 9 at 7:06AM
MLS# 26031391

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 4,500-square-foot restaurant building sits on a 0.6-acre parcel and was constructed in 2001. The interior includes two distinct dining rooms, providing separate areas for customer seating or private functions, along with two restrooms. Restaurant fixtures and equipment remain with the property and are included in the conveyance.

The property is located at 49 Old Military Road in Colt, Arkansas, with frontage and access along Hwy 1. Its restaurant configuration and retained equipment support continued use as a dining establishment, while the two-room layout allows for operational flexibility. The building has previously accommodated two dining concepts, adding relevant operating history to the existing improvements.

Key Highlights

  • 4,500‑square‑foot restaurant building on 0.6 acres
  • Two separate dining rooms for flexible seating or private functions
  • Two restrooms serving guests and staff

Property Analytics

Current Use

The crazy donkey Mexican ... Restaurant

Suggested Use

Top Pick Auto Repair Shop Garden Center Grocery & Convenience Store Hair Salon Nail Salon Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

35
Businesses Nearby
Well-served
Demand for This Use

Demographics for 72326, AR

2,231
Population
1,004
Households
2.2
Avg Household Size
48
Median Age
12%
College-Educated
85%
High-School Grad
93.4 sq mi
ZIP Area
24
Density / Sq Mi
$46,161
Median Household Income
$36,296
Median Earnings
$751
Median Rent
$100,800
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing restaurant improvements include separate dining areas, two restrooms, and conveying fixtures and equipment.
Where is this conventional restaurant located?
The property is located at 49 Old Military Road Colt, AR.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: 4,500‑square‑foot restaurant building on 0.6 acres; Two separate dining rooms for flexible seating or private functions; Two restrooms serving guests and staff
More about this property
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