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Drive-Through Restaurant with Equipment

2390 Malvern Rd, Arkadelphia, AR 71923

For Sale
$115,000

Commercial / Industrial, Traditional, Arkadelphia, AR

Property Size459 SF
Lot Size0.64 Acres
Price / SF$250.54
Days on Market47

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 459 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 Changed: Nov 10 Last Checked: Nov 10 at 7:06PM
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.

Rey
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Investment Insights

Based on property information with market context.

This 459-square-foot drive-through restaurant sits on a 0.64-acre parcel and includes a kitchen area, concrete floors, and a metal roof. Existing food-service equipment includes a cold prep table, refrigerators, a milkshake machine, topping holders, and a tabletop flat-top griddle. A separate storage building and outside storage area are also part of the property.

Improvements include a mini-split HVAC system, upgraded electrical, three replacement windows, sealed concrete flooring, exterior paint, in-ground grease traps, and an advanced septic system. The property is near the Truss Mill, Ouachita Schools, and the Ouachita River.

Key Highlights

  • 459‑square‑foot restaurant on 0.64 acres
  • Includes cold prep table, refrigerators, milkshake machine, topping holders, and tabletop flat‑top griddle
  • Separate storage building with an outside storage area

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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
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

Frequently Asked Questions

What type of property is this?
Drive through restaurant - Food-service equipment and a separate storage building are already on site.
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 $115,000.
What are key features of this property?
This property features: 459‑square‑foot restaurant on 0.64 acres; Includes cold prep table, refrigerators, milkshake machine, topping holders, and tabletop flat‑top griddle; Separate storage building with an outside storage area
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