Turn-Key Restaurant Bar & Performance
313 W Huntington Avenue Jonesboro, AR 72401
313 W Huntington Avenue, Jonesboro, AR, 72401
$1,750,000
For Sale
$1,750,000
Updated restaurant and bar with full commercial kitchen, expansive bar, and a dedicated stage for live performances or events.
Property Size6,012 SF
Price / SF$291.08
Days on Market249
Property Features for 313 W Huntington Avenue
General Information
- Standard status
- Active
- Size
- 6,012 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2017
Listing agency
Century 21 Portfolio
(870) 930-4308
Listed by
Angela Staton · License #00083044
(870) 930-4308
Source
Proeliterealty
Added: Nov 14, 2025 Updated: Jul 18 at 2:10AM Checked: Jul 20 at 4:36AM
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
Investment Insights
Based on property information with market context.
The Lounge is a turn-key restaurant, bar, and live-music venue offering an updated interior designed for immediate operation. The space includes all new, stylish furnishings and equipment, along with a full commercial kitchen, an expansive bar, and multiple versatile dining areas. A dedicated stage and performance zone supports live music, comedy, DJs, and private events, with modern lighting, sound, and high-end decor throughout.
Located at 313 W Huntington Avenue in Jonesboro, this restaurant and entertainment concept is presented as a ready-to-run, revenue-focused venue for an operator seeking a complete package.
The offering includes the necessary restaurant infrastructure—kitchen, bar, dining, and performance areas—configured for day-of business start-up.
Located at 313 W Huntington Avenue in Jonesboro, this restaurant and entertainment concept is presented as a ready-to-run, revenue-focused venue for an operator seeking a complete package.
The offering includes the necessary restaurant infrastructure—kitchen, bar, dining, and performance areas—configured for day-of business start-up.
Key Highlights
- 6,012 sq ft restaurant, bar, and live‑music venue updated for immediate operation
- Year built 2017
- Full commercial kitchen with expansive bar and versatile dining areas
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $90.2k | $15.00 |
| − Vacancy | −$5.5k | −$0.92 |
| EGI | $84.7k | $14.09 |
| − OpEx | −$21.2k | −$3.52 |
| NOI | $63.5k | $10.56 |
6,012 SF · lease $15.00/SF/yr · vacancy 6.10% · expense 25.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
The Lounge at Huntington Square ...
Wedding Service
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Updated restaurant and bar with full commercial kitchen, expansive bar, and a dedicated stage for live performances or events.
Where is this conventional restaurant 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 sq ft restaurant, bar, and live‑music venue updated for immediate operation; Year built 2017; Full commercial kitchen with expansive bar and versatile dining areas
