Listing Agency: Hastings Real Estate j***@yahoo.com Show Phone

Listed By: Isaac Wilburn Show Phone

Source: Exprealty

Added: Aug 8, 2025 Changed: Oct 5 Last Checked: Oct 15 at 1:18AM

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Investment Insights

Based on property information with market context.

This 3,360-square-foot commercial property is presented as a restaurant asset with potential for continued restaurant use or conversion to a store. The property is located at 402 Martin Luther King St E in Madison, Arkansas 72359.

Key Highlights

• 3,360 square feet of commercial property
• Restaurant asset with store‑use potential
• Located at 402 Martin Luther King St E, Madison, AR 72359

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Grocery & Convenience Store Auto Repair Shop Hair Salon Restaurant Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

32

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

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?

Conventional restaurant - Commercial space identified for restaurant or store use in Madison, Arkansas.

Where is this conventional restaurant located?

The property is located at 402 Martin Luther King St E 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 feet of commercial property; Restaurant asset with store‑use potential; Located at 402 Martin Luther King St E, Madison, AR 72359