Updated Restaurant and Live-Music
For Sale
$1,750,000
313 W Huntington Ave, Jonesboro, AR 72401
Includes a commercial kitchen, bar, dining areas, stage, furnishings, and operating equipment.
Property Size6,012 SF
Price / SF$291.08
Days on Market47
Property Features for 313 W Huntington Ave
General Information
Standard status
Active
Size
6,012 SF
Building Details
Year Built
2017
Listing Agency:
Century 21 Portfolio
Listed By:
Angela Staton · License #00083044
(870) 930-4308
Source:
Pcsingtolittlerock
Added: Sep 1
Changed: Oct 2
Last Checked: Oct 7 at 3:15PM
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
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Investment Insights
Based on property information with market context.
This 6,012-square-foot restaurant and entertainment property was built in 2017 and has been updated for continued food-service and event use. The layout includes a full commercial kitchen, large bar, multiple dining areas, and a dedicated stage with an adjoining performance area. Furnishings and equipment convey with the property.
Modern lighting, sound equipment, and finished interior details support live music, comedy, DJ performances, and private events. The property is located at 313 W Huntington Ave in Jonesboro, Arkansas, providing an established setting for a restaurant, bar, and performance-oriented operation.
Modern lighting, sound equipment, and finished interior details support live music, comedy, DJ performances, and private events. The property is located at 313 W Huntington Ave in Jonesboro, Arkansas, providing an established setting for a restaurant, bar, and performance-oriented operation.
Key Highlights
- 6,012‑square‑foot restaurant, bar, and live‑music venue
- Built in 2017 and updated
- Full commercial kitchen and expansive bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,509
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,270,180
$1.3M
Cap Rate 7%
$907,271
$907.3K
Cap Rate 9%
$705,656
$705.7K
Market Conditions
NOI Build-Up for 6,012 SF
Gross rent
$90.2K $15.00/SF
− Vacancy
−$5.5K −$0.92/SF
EGI
$84.7K $14.09/SF
− OpEx
−$21.2K −$3.52/SF
NOI
$63.5K $10.56/SF
Area
Craighead County, AR
Vacancy
6.10%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,270,180
Cap Rate 7%
$907,271
Cap Rate 9%
$705,656
Alternative Uses
Best Use
Specialty Retail
$907.3K
$793.9K – $1.06M
NOI $63,509 @ 7.0% cap · market cap 3.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.05M
$921.0K – $1.23M
NOI $73,678 @ 7.0% cap · market cap 4.21%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,929
Businesses Nearby
22k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 99%
Home Improvements & Furnishings 1%
Dollar General
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8,793 visits/mo
0.4 miles
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5,672 visits/mo
0.5 miles
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Shops & Services
3,391 visits/mo
0.5 miles
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Shops & Services
2,664 visits/mo
0.1 miles
Cadence Bank
Shops & Services
1,594 visits/mo
0.2 miles
Demographics for 72401, AR
43,127
Population
19,328
Households
2.2
Avg Household Size
33
Median Age
23%
College-Educated
89%
High-School Grad
88.5 sq mi
ZIP Area
487
Density / Sq Mi
$43,412
Median Household Income
$32,970
Median Earnings
$897
Median Rent
$185,400
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
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Includes a commercial kitchen, bar, dining areas, stage, furnishings, and operating equipment.
Where is this conventional restaurant located?
The property is located at 313 W Huntington Ave Jonesboro, AR.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 6,012‑square‑foot restaurant, bar, and live‑music venue; Built in 2017 and updated; Full commercial kitchen and expansive bar
