Established Restaurant
For Sale
$300,000
198 Carmona Road, Hot Springs Village, AR 71909
Commercial / Industrial, Hot Springs Village, AR
Property Size3,500 SF
Price / SF$85.71
Days on Market50
Property Features for 198 Carmona Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
33
Interior features
Equipment (see remarks), Inventory (see remarks), Kitchen Area
Directions
From the West gate Desoto Take a left on Carmona 1st left
Subdivision
HOT SPRINGS VILLAGE (JESSIEVILLE
Standard status
Active
Size
3,500 SF
Taxes and HOA fees
Tax Description
Blk1 Lot 1 Old Carmona
Tax Annual Amount
400
Legal Description
Blk1 Lot 1 Old Carmona
Building Details
Year built
1971
Floors in Building
1
Additional Structures
See Remarks
Listing Agency:
Hot Springs Village Real Estate
(501) 922-5252
Listed By:
Scott Perry
(800) 364-4910
Added: Aug 4
Changed: Sep 5
Last Checked: Sep 22 at 2:06PM
MLS# 26031664
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.
Restaurant business assets are available for purchase at a 3,500-square-foot location built in 1971. The offering includes the business name, recipes, inventory, kitchen equipment, and an existing kitchen area, providing the physical and operational components of a restaurant business.
The restaurant has operated at this location for 18 years and serves an established clientele. The premises are leased, and the buyer will need to negotiate a new lease with the landlord. Showings are available by appointment with the listing agent present.
The restaurant has operated at this location for 18 years and serves an established clientele. The premises are leased, and the buyer will need to negotiate a new lease with the landlord. Showings are available by appointment with the listing agent present.
Key Highlights
- Restaurant business operating at the location for 18 years
- 3,500 square feet of restaurant space
- Sale includes business name, recipes, equipment, and inventory
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
103
Businesses Nearby
2k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Regions Bank
Shops & Services
2,268 visits/mo
0.0 miles
Demographics for 71909, AR
17,935
Population
10,563
Households
1.7
Avg Household Size
67
Median Age
33%
College-Educated
97%
High-School Grad
79.3 sq mi
ZIP Area
226
Density / Sq Mi
$69,171
Median Household Income
$31,165
Median Earnings
$1,143
Median Rent
$255,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant business sale includes kitchen equipment, inventory, name, and recipes, with a new lease to be negotiated.
Where is this conventional restaurant located?
The property is located at 198 Carmona Road Hot Springs Village, AR.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Restaurant business operating at the location for 18 years; 3,500 square feet of restaurant space; Sale includes business name, recipes, equipment, and inventory
