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
COMMERCIAL - Fayetteville, AR
Property Size4,962 SF
Lot Size0.64 Acres
Price / SF$352.68
Days on Market2
Property Features for 1150 N College Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 765-11833-000
- Size
- 4,962 SF
- Lot size
- 0.64 Acres
Taxes and HOA fees
- Tax Description
- LOTS 6-7-8-9 BLOCK 1
- Tax Annual Amount
- 9353
Building Details
- Year built
- 1950
Listing agency
Hat Rack Real Estate
(479) 305-9960
Listed by
Christopher Allcorn · License #SA00089658
(479) 466-8829
Added: Jul 21 Checked: Jul 22 at 1:06PM
MLS# 1356154
Copyright © 2026 ArkansasONE MLS. 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.
The Clementine on College is a fully operational mixed-use hospitality property that combines an eight-unit boutique short-term rental operation with two established food-and-beverage tenants. The property operates three income streams under one roof: nightly short-term rental revenue plus commercial lease income from Sidecar, a cocktail lounge, and Cafe Rue Orleans.
Located at 1150 N College Avenue in Fayetteville, the asset sits on N College Avenue, described as one of the city’s primary north-south corridors.
The configuration supports both overnight hospitality use and ongoing tenant-occupied food and beverage operations within a single property.
Located at 1150 N College Avenue in Fayetteville, the asset sits on N College Avenue, described as one of the city’s primary north-south corridors.
The configuration supports both overnight hospitality use and ongoing tenant-occupied food and beverage operations within a single property.
Key Highlights
- Fully operational mixed‑use hospitality asset on N College Avenue
- Includes an eight‑unit boutique short‑term rental operation
- Two established F &B tenants: Sidecar (cocktail lounge) and Cafe 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
Mixed Use
$493.4K
$431.7K – $575.6K
NOI $34,536 @ 7.0% cap · market cap 1.97%
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
Property Profile
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?
Mixed-use property - Fully operational asset with eight short-term rental units and two food-and-beverage tenants under one roof.
Where is this mixed-use 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; Includes an eight‑unit boutique short‑term rental operation; Two established F &B tenants: Sidecar (cocktail lounge) and Cafe Rue Orleans
