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Leased Restaurant Building
For Sale
$293,750

1611 Linwood Drive, Paragould, AR 72450

COMMERCIAL - Paragould, AR

Property Size3,836 SF
Lot Size0.35 Acres
Price / SF$76.58
Days on Market221

Property Features for 1611 Linwood Drive

General Information

Property type Commercial Sale
Property subtype Other
Parking 16
Directions From Jonesboro Hwy 49 to Paraqould. Building is on the left.
Subdivision PARAGOULD (SOUTHWEST)
Standard status Active
Size 3,836 SF
Lot size 0.35 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Pt SW SW of Sec 1 Twp 16N Rng
Tax Annual Amount 1616
Legal Description Pt SW SW of Sec 1 Twp 16N Rng

Building Details

Year built 1997
Floors in Building 1
Listing Agency: Century 21 Portfolio
Listed By: Mike McNabb · License #SA00006960
Added: Dec 31, 2025 Changed: Aug 4 Last Checked: Aug 9 at 4:06AM
MLS# 26000647

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. 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.

This restaurant building is offered with an existing tenant lease in place. The property sits on a 0.35-acre lot and includes 3,836 SF of restaurant space.

The address is 1611 Linwood Drive in Paragould, Arkansas (Greene County). The building was constructed in 1997 and is positioned for day-to-day restaurant operations under the current lease.

For buyers looking for a leased restaurant setup, this offering provides the core improvements and operating space within a compact commercial lot footprint.

Key Highlights

  • Existing restaurant is under lease
  • 0.35‑acre lot
  • 3,836 SF restaurant building

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 - Existing restaurant is currently under lease on a small commercial site.
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; 0.35‑acre lot; 3,836 SF restaurant building
More about this property
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