Updated Bar and Live-Music
For Sale
$1,750,000
313 W Huntington Avenue, Jonesboro, AR 72401
COMMERCIAL - Jonesboro, AR
Property Size6,012 SF
Lot Size0.20 Acres
Price / SF$291.08
Days on Market279
Property Features for 313 W Huntington Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Security features
Security System
Interior features
Furnished, Kitchen Area, Video Surveillance, Security System
Directions
Main Street, left onto W. Huntington. The Lounge is on your left
Subdivision
Jonesboro D
Standard status
Active
APN
01-144183-06500
Size
6,012 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
CARSON SUB 1-2-3-8-9- 12-13-14
Tax Annual Amount
4380
Legal Description
CARSON SUB 1-2-3-8-9- 12-13-14
Amenities
stage
performance zone
Building Details
Year built
2017
Floors in Building
2
Roof type
Metal
Listing Agency:
Century 21 Portfolio
(870) 933-0026
Listed By:
Angela Staton · License #00083044
(870) 930-4308
Added: Nov 14, 2025
Changed: Aug 4
Last Checked: Aug 20 at 2:06AM
MLS# 25048145
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.
This 6,012-square-foot bar and restaurant property includes a full commercial kitchen, expansive bar, dining areas, and a dedicated stage with an adjoining performance zone. Furnishings and equipment convey, while modern lighting, sound equipment, and interior decor support food service and live entertainment uses. Video surveillance and a security system are also in place.
Constructed in 2017, the property occupies 0.2 acres at 313 W Huntington Avenue in Jonesboro, Arkansas. The building has a metal roof and is configured for a combination of dining, beverage service, performances, comedy, DJ programming, and private events.
Constructed in 2017, the property occupies 0.2 acres at 313 W Huntington Avenue in Jonesboro, Arkansas. The building has a metal roof and is configured for a combination of dining, beverage service, performances, comedy, DJ programming, and private events.
Key Highlights
- 6,012‑square‑foot restaurant, bar, and live‑music venue
- Full commercial kitchen, expansive bar, and multiple dining areas
- Dedicated stage and performance zone for live entertainment and private events
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$63,509
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Industrial
$343.2K
$300.3K – $400.4K
NOI $24,026 @ 7.0% cap · market cap 1.37%
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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,929
Businesses Nearby
22k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 99%
Home Improvements & Furnishings 1%
Dollar General
Shops & Services
8,793 visits/mo
0.4 miles
Exxon
Shops & Services
5,672 visits/mo
0.5 miles
O'Reilly Auto Parts
Shops & Services
3,391 visits/mo
0.5 miles
Exxon
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bar & Pub - Furnished venue includes a commercial kitchen, performance stage, and installed security systems.
Where is this bar & pub located?
The property is located at 313 W Huntington Avenue 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; Full commercial kitchen, expansive bar, and multiple dining areas; Dedicated stage and performance zone for live entertainment and private events
