Mixed-Use Hospitality
1150 N College Avenue Fayetteville, AR 72703
New
1150 N College Avenue, Fayetteville, AR, 72703
$1,750,000
For Sale
$1,750,000
Fully operational mixed-use hospitality asset with eight short-term rental units and two food-and-beverage leases.
Property Size4,962 SF
Price / SF$352.68
Days on Market3
Property Features for 1150 N College Avenue
General Information
- Standard status
- Active
- Size
- 4,962 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1950
Listing agency
Hat Rack Real Estate
(479) 466-8829
Listed by
Christopher Allcorn · License #SA00089658
(479) 466-8829
Source
Exitrealty
Added: Jul 21 Updated: Jul 23 at 2:29AM Checked: Jul 23 at 3:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hat Rack Real Estate
Investment Insights
Based on property information with market context.
The Clementine on College is a fully operational mixed-use hospitality asset that combines an eight-unit boutique short-term rental operation with two established food-and-beverage tenants. The property is designed to support three income streams under one roof: nightly short-term rental revenue plus income from the two commercial leases.
The asset is located at 1150 N College Avenue in Fayetteville, Arkansas, on one of the city’s primary north–south corridors.
On-site operations include Sidecar, a cocktail lounge, and Café Rue Orleans.
The asset is located at 1150 N College Avenue in Fayetteville, Arkansas, on one of the city’s primary north–south corridors.
On-site operations include Sidecar, a cocktail lounge, and Café Rue Orleans.
Key Highlights
- Fully operational mixed‑use hospitality asset on N College Avenue in Fayetteville.
- Eight‑unit boutique short‑term rental operation generates nightly revenue.
- Two established F & B tenants on‑site: Sidecar (cocktail lounge) and Caf0 Rue Orleans.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $89.3k | $18.00 |
| − Vacancy | −$5.9k | −$1.19 |
| EGI | $83.4k | $16.81 |
| − OpEx | −$20.9k | −$4.20 |
| NOI | $62.6k | $12.61 |
4,962 SF · lease $18.00/SF/yr · vacancy 6.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$893.8K
$782.1K – $1.04M
NOI $62,566 @ 7.0% cap · market cap 3.58%
Second Best
Apartment 5plus
$564.4K
$493.9K – $658.5K
NOI $39,509 @ 7.0% cap · market cap 2.26%
Theoretical Best
Office A
$1.33M
$1.17M – $1.55M
NOI $93,232 @ 7.0% cap · market cap 5.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Cafe Rue Orleans ...
Restaurant
Café Roux Orleans
Restaurant
The Avenue Seafood Bar
Bar & Pub
Similar For Sale Nearby
FAQs
What type of property is this?
Short term rental property - Fully operational mixed-use hospitality asset with eight short-term rental units and two food-and-beverage leases.
Where is this short term rental property located?
The property is located at 1150 N College Avenue Fayetteville, AR.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Fully operational mixed‑use hospitality asset on N College Avenue in Fayetteville.; Eight‑unit boutique short‑term rental operation generates nightly revenue.; Two established F & B tenants on‑site: Sidecar (cocktail lounge) and Caf0 Rue Orleans.
