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Drive-Through Restaurant with Kitchen Equipment
New
For Sale
$125,000

2390 Malvern Rd, Arkadelphia, AR 71923

Commercial / Industrial, Traditional, Arkadelphia, AR

Property Size547 SF
Lot Size0.64 Acres
Price / SF$228.52
Days on Market2

Property Features for 2390 Malvern Rd

General Information

Property type Commercial Sale
Property subtype Other
Parking 10
Interior features Equipment (see remarks), Kitchen Area
Exterior features Storage Building, Outside Storage Area
Lot features Level
Directions Take I-30 to the Friendship ext 83. Take Hwy 283 towards Friendship. At the corner of Hwy 283 and Hwy 67 take a right onto Malvern Rd and the dairy bar will be about a block down on your right.
Subdivision OUACHITA SCHOOL DISTRICT
Standard status Active
APN 770-01016-000
Size 547 SF
Lot size 0.64 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description metes and bounds
Tax Annual Amount 206
Legal Description metes and bounds

Amenities

outside storage building

Building Details

Year built 1966
Floors in Building 1
Flooring type Concrete
Roof type Metal
Architectural style Other
Additional Structures See Remarks, Storage
Listing Agency: Crye*Leike Pro Elite Realty
Listed By: Mandy Ledbetter
Added: Sep 25 Last Checked: Sep 26 at 12:06PM
MLS# 26039107

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.

Built in 1966, this 547-square-foot drive-through restaurant sits on 0.64 acres. The interior includes a kitchen area and sealed concrete flooring, with a separate storage building outside. Equipment includes a cold prep table, refrigerators, a milkshake machine, ice cream topping holders, and a tabletop flat-top griddle. Improvements include a mini-split HVAC system, upgraded electrical, three replacement windows, in-ground grease traps, an advanced septic system, new exterior paint, and a metal roof treated with commercial coating.

The property is at 2390 Malvern Rd in Arkadelphia, near the Truss Mill, Ouachita Schools, and the Ouachita River.

Key Highlights

  • 547 square feet on a 0.64‑acre parcel
  • Kitchen equipment includes refrigerators, a milkshake machine, topping holders, and a tabletop flat‑top griddle
  • Mini‑split HVAC, upgraded electrical, and three new windows

Property Analytics

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Current Use

Drake’s Place Restaurant

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store Auto Repair Shop 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
Utilities to site
Yes
Grease trap

Location Intelligence

Trade Area within ½ mile

26
Businesses Nearby
5k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
4,912 visits/mo 0.5 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Kitchen appliances and an outdoor storage building are part of this restaurant property.
Where is this drive through restaurant located?
The property is located at 2390 Malvern Rd Arkadelphia, AR.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: 547 square feet on a 0.64‑acre parcel; Kitchen equipment includes refrigerators, a milkshake machine, topping holders, and a tabletop flat‑top griddle; Mini‑split HVAC, upgraded electrical, and three new windows
More about this property
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