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Restaurant Building with Conveying Equipment
For Sale
$120,000

2390 Malvern Rd, Arkadelphia, AR 71923

Restaurant building with commercial kitchen equipment and recent upgrades, plus an additional storage building.

Property Size459 SF
Lot Size0.64 Acres
Price / SF$261.44
Days on Market114

Property Features for 2390 Malvern Rd

General Information

Standard status Active
Size 459 SF
Lot size 0.64 Acres

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Grease Trap Yes
Listing Agency: Exp Realty
Listed By: Shelly Vaughan
Source: Exprealty
Added: Apr 8 Changed: Jul 28 Last Checked: Jul 30 at 5:07PM

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 Exp Realty

Investment Insights

Based on property information with market context.

This for-sale restaurant building offers a compact footprint with a flexible interior layout for food service or other commercial uses, and it includes a large amount of commercial-grade restaurant equipment that conveys with the property. The included equipment is described as nearly all holding ETL certification; however, the vent hood is not currently installed. Recent improvements include fresh exterior paint, a replaced grease trap, an upgraded electrical panel, and a new energy-efficient, ETL-listed 1.0-ton inverter mini-split heating and cooling system.

The property sits on 0.64 acres in a high-visibility location just off I-30 on Highway 67 in Friendship, conveniently situated between Malvern and Caddo Valley. The site includes ample space for parking, a separate storage building that will convey, and room for parking, expansion, or additional business use.

A practical way to think about the improvements and included equipment: it’s set up for commercial kitchen operation with the ability to reconfigure for a different concept, subject to completing any missing venting needs.

Key Highlights

  • 0.64‑acre commercial property with a 459 SF building just off I‑30 on Highway 67 in Friendship
  • Large amount of commercial‑grade restaurant equipment conveys; nearly all items hold ETL certification (vent hood not currently installed)
  • Recent upgrades include fresh exterior paint, replaced grease trap, and an upgraded electrical panel

Property Analytics

Current Use

Drake’s Place Restaurant

Suggested Use

Top Pick Auto Repair Shop Electrical Service Grocery & Convenience Store Hair Salon Nail Salon 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.

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Grease trap

Location Intelligence

Trade Area within ½ mile

27
Businesses Nearby
5k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
4,912 visits/mo 0.4 miles

Demographics for 71923, AR

14,138
Population
7,087
Households
2
Avg Household Size
37
Median Age
29%
College-Educated
92%
High-School Grad
381.8 sq mi
ZIP Area
37
Density / Sq Mi
$52,344
Median Household Income
$30,776
Median Earnings
$735
Median Rent
$164,800
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 - Restaurant building with commercial kitchen equipment and recent upgrades, plus an additional storage building.
Where is this conventional restaurant located?
The property is located at 2390 Malvern Rd Arkadelphia, AR.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: 0.64‑acre commercial property with a 459 SF building just off I‑30 on Highway 67 in Friendship; Large amount of commercial‑grade restaurant equipment conveys; nearly all items hold ETL certification (vent hood not currently installed); Recent upgrades include fresh exterior paint, replaced grease trap, and an upgraded electrical panel
More about this property
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