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Leased Conventional Restaurant
For Sale
$293,750

1611 Linwood Drive, Paragould, AR 72450

C1-zoned restaurant property with an existing restaurant lease in place.

Property Size3,836 SF
Days on Market221

Property Features for 1611 Linwood Drive

General Information

Standard status Active
Size 3,836 SF
Total Parking Spaces 16
Property subtype Commercial
Zoning C1

Building Details

Building Size 3,836 SF
Year Built 1997
Stories 1
Listing Agency: Century 21 Portfolio
Listed By: Mike McNabb · License #SA00006960
Source: Proeliterealty
Added: Dec 31, 2025 Changed: Aug 2 Last Checked: Aug 8 at 11:27AM

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 Century 21 Portfolio

Investment Insights

Based on property information with market context.

This conventional restaurant property was built in 1997 and is currently occupied under an existing restaurant lease. The asset is located at 1611 Linwood Drive in Paragould, Arkansas, and carries C1 zoning, supporting its established commercial restaurant use.

Key Highlights

  • Existing restaurant is under lease
  • C1 zoning
  • Built in 1997

Property Analytics

Current Use

Linwood Motel Hotel & Motel Annie's Pancake House ... Restaurant

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Big Box & Wholesale Store Dental Office Restaurant

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

Location Intelligence

Trade Area within ½ mile

655
Businesses Nearby
131k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 58% Shops & Services 29% Home Improvements & Furnishings 6% Apparel 4%
McDonald's Dining
33,057 visits/mo 0.2 miles
Paragould Shops & Services
15,042 visits/mo 0.3 miles
Hardee's Dining
13,319 visits/mo 0.2 miles
Buchheit Home Improvements & Furnishings
8,476 visits/mo 0.4 miles
Popeyes Louisiana Kitchen Dining
8,011 visits/mo 0.3 miles

Demographics for 72450, AR

39,945
Population
16,784
Households
2.4
Avg Household Size
38
Median Age
17%
College-Educated
88%
High-School Grad
285.3 sq mi
ZIP Area
140
Density / Sq Mi
$56,390
Median Household Income
$37,008
Median Earnings
$865
Median Rent
$169,100
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - C1-zoned restaurant property with an existing restaurant lease in place.
Where is this conventional restaurant located?
The property is located at 1611 Linwood Drive Paragould, AR.
What is the asking price?
The asking price for this property is $293,750.
What are key features of this property?
This property features: Existing restaurant is under lease; C1 zoning; Built in 1997
More about this property
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