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Leased Conventional Restaurant
For Sale
$298,750

1611 Linwood Drive, Paragould, AR 72450

Existing restaurant property with an active lease in Paragould.

Property Size3,836 SF
Price / SF$77.88
Days on Market40

Property Features for 1611 Linwood Drive

General Information

Standard status Active
Size 3,836 SF
Property subtype Commercial / Industrial
Listing Agency: Century 21 Portfolio
Listed By: Mike McNabb · License #SA00006960
Source: Arprorealty
Added: Jul 23 Changed: Aug 29 Last Checked: Aug 30 at 5:27PM

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 3,836-square-foot conventional restaurant property at 1611 Linwood Drive in Paragould, Arkansas, is occupied by an existing restaurant under lease. The asset offers an established restaurant setting for a purchaser evaluating a leased commercial property.

Key Highlights

  • 3,836‑square‑foot conventional restaurant property
  • Existing restaurant currently under lease
  • Located at 1611 Linwood Drive in Paragould, AR

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

212
Businesses Nearby
17k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 75% Dining 23% Home Improvements & Furnishings 3%
Dollar General Shops & Services
5,997 visits/mo 0.3 miles
Exxon Shops & Services
4,398 visits/mo 0.4 miles
Scooter's Coffee Dining
3,793 visits/mo 0.1 miles
Cadence Bank Shops & Services
2,011 visits/mo 0.3 miles
Aaron's Home Improvements & Furnishings
432 visits/mo 0.4 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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing restaurant property with an active lease in Paragould.
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 $298,750.
What are key features of this property?
This property features: 3,836‑square‑foot conventional restaurant property; Existing restaurant currently under lease; Located at 1611 Linwood Drive in Paragould, AR
More about this property
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