Conventional Restaurant
For Sale
$275,000
402 E Martin Luther King Dr, Madison, AR 72359
COMMERCIAL - Madison, AR
Property Size3,360 SF
Lot Size0.25 Acres
Price / SF$81.85
Days on Market379
Property Features for 402 E Martin Luther King Dr
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
1
Directions
Take US-70 E/E Broadway to Madison, AR. Turn right onto 5th Street and go to Martin Luther King and make a left, keep straight and your destination will be on your right.
Subdivision
Only restaurant in town
Standard status
Active
Size
3,360 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
E 1/2
Tax Annual Amount
1691
Legal Description
E 1/2
Building Details
Year built
2019
Floors in Building
1
Listing Agency:
Hastings Real Estate
(870) 533-5335
Listed By:
Isaac Wilburn
(870) 530-0222
Added: Aug 7, 2025
Changed: Aug 19
Last Checked: Aug 20 at 4:06AM
MLS# 25031664
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 3,360-square-foot conventional restaurant property was constructed in 2019 on a 0.25-acre parcel. The existing commercial building is positioned for a restaurant operation and is also described as suitable for another store or restaurant, supporting a range of business concepts within the stated use profile.
The property is located at 402 E Martin Luther King Dr in Madison, Arkansas 72359, in St. Francis County. Its documented classification identifies it as a conventional restaurant property.
The property is located at 402 E Martin Luther King Dr in Madison, Arkansas 72359, in St. Francis County. Its documented classification identifies it as a conventional restaurant property.
Key Highlights
- 3,360‑square‑foot commercial building
- Constructed in 2019
- Situated on a 0.25‑acre parcel
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72359, AR
405
Population
181
Households
2.2
Avg Household Size
51
Median Age
6%
College-Educated
83%
High-School Grad
0.7 sq mi
ZIP Area
579
Density / Sq Mi
$54,943
Median Earnings
$56,500
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?
Conventional restaurant - The 2019-built property is suited to restaurant or store-oriented commercial use.
Where is this conventional restaurant located?
The property is located at 402 E Martin Luther King Dr Madison, AR.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 3,360‑square‑foot commercial building; Constructed in 2019; Situated on a 0.25‑acre parcel
