You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Bars & Pubs

1701 Hendrix St Altus, AR 72821

3,287 SF 0.53 ac lot Built 1980
Individually Owned Free & Clear
Property ID
US05-1395212
Property summary
AI-generated overview

This exceptional business opportunity presents a well-established entertainment venue located in the heart of downtown Altus, Arkansas. The property encompasses six lots and a substantial 3,287 square foot building, providing ample space for operations and potential expansion. The sale includes the majority of the existing equipment and inventory, allowing for a seamless transition for the new owner. The business boasts a loyal and extensive customer base, built over many years of successful operation, providing a strong foundation for continued growth and profitability. This turnkey operation is ideal for an entrepreneur seeking a ready-made business with significant upside. The 0.52-acre lot offers considerable potential for future development or expansion of the existing facilities. The prime downtown location ensures high visibility and accessibility, attracting a steady stream of customers. This is a rare chance to acquire a thriving business with a proven track record in a desirable location. The substantial building provides ample space for various entertainment options, and the included equipment and inventory minimize the initial investment required to begin operations. This is a unique opportunity to own a piece of Altus's vibrant downtown scene. Serious inquiries are encouraged.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1980
Total area 3,287 SF
Lot 0.53 ac (23,087 SF)
APN 005-00276-000
UPID US05-1395212
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Tommy Deans Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
THOMAS D HANSON
THOMAS D HANSON
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1701 Hendrix St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message