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    481 School Ave Fayetteville, AR 72701

    For Sale
    $2,750,000

    Turnkey operation, iconic location, Greenway access.

    Property size:
    4,029 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional turnkey restaurant and coffee shop, located at 481 School Avenue in Fayetteville, Arkansas, presents a unique investment opportunity. Boasting 4,029 square feet, the property enjoys a prime location in Fayetteville, benefiting from its proximity to the Razorback Greenway. The establishment includes a covered patio, perfectly situated to take advantage of the Greenway's foot traffic and outdoor recreation enthusiasts. The property features a fully operational coffee and espresso program, a unique selling point enhanced by a brick wood-fired oven, adding a distinctive culinary element. Two convenient walk-in units provide ample storage space for inventory and supplies. A fully equipped bar is ready for immediate use, adding another revenue stream. All fixtures, furniture, and equipment (FF&E) are included in the sale, ensuring a seamless transition for the new owner. Custom furniture adds to the property's high-end appeal. Note that naming rights are not included in the sale. The property also benefits from its inclusion in the Outdoor Refreshment Area (ORA), providing additional opportunities for outdoor seating and customer engagement. Two RV hookups are available, offering potential for additional revenue or employee amenities. The asking price for this fully operational and well-equipped business is $2,750,000. This is a rare opportunity to acquire a thriving business in a highly desirable location.

    Property Features for 481 School Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,029 SF

    Building Details

    Year Built
    1950
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Arsaga's Mill District Breakfast Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Washington
    State
    Arkansas
    Longitude
    -94.16541
    Latitude
    36.05758

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    FAQs

    What type of property is this?
    Commercial real estate - Turnkey operation, iconic location, Greenway access.
    Where is this commercial real estate located?
    The property is located at 481 School Ave Fayetteville, AR.
    What is the asking price?
    The asking price for this property is $2,750,000.
    (479) 305-9960
    Request Owner's contact information
    481 School Ave Fayetteville, AR 72701
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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
    481 School Ave Fayetteville, AR 72701
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