Dry Cleaning
718 Arkansas Ave Russellville, AR 72801
718 Arkansas Ave, Russellville, AR, 72801
$650,000
For Sale
$650,000
Turnkey dry cleaning storefront offered for sale with fully equipped, operational setup and ample parking.
Property Size5,000 SF
Price / SF$130
Days on Market181
Property Features for 718 Arkansas Ave
General Information
- Standard status
- Active
- Size
- 5,000 SF
Listing agency
Arkansas Real Estate Collective
(479) 970-0986
Listed by
Wetzel Group
(479) 970-0986
Source
Exprealty
Added: Jan 21 Updated: Jul 20 at 5:50PM Checked: Jul 20 at 5:50PM
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 Arkansas Real Estate Collective
Investment Insights
Based on property information with market context.
This for-sale dry cleaning storefront offers a well-established, fully equipped and operational business, presented as a turnkey opportunity for an owner-operator or investor. The property is a commercial building designed to support ongoing operations, with equipment in place to help minimize downtime for a qualified buyer.
The business is located at 718 Arkansas Ave in Russellville, Arkansas, with ample parking and easy access on site. The surrounding area includes residential neighborhoods and other thriving businesses, supporting consistent walk-in activity for a neighborhood-focused service use.
The business is located at 718 Arkansas Ave in Russellville, Arkansas, with ample parking and easy access on site. The surrounding area includes residential neighborhoods and other thriving businesses, supporting consistent walk-in activity for a neighborhood-focused service use.
Key Highlights
- Turnkey dry cleaning storefront for sale with a fully equipped, operational setup
- Business setup includes an operational dry cleaning storefront in a commercial building
- Ample parking and easy access are included with the property
Local Financial Insights For 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 | $69.0k | $13.80 |
| − Vacancy | −$4.6k | −$0.91 |
| EGI | $64.4k | $12.89 |
| − OpEx | −$19.3k | −$3.87 |
| NOI | $45.1k | $9.02 |
5,000 SF · lease $13.80/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$644.5K
$563.9K – $751.9K
NOI $45,112 @ 7.0% cap · market cap 6.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$798.9K
$699.0K – $932.0K
NOI $55,920 @ 7.0% cap · market cap 8.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quick Service Cleaners
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- Flowers Etc Inc — 900 W B St, Russellville, AR 72801
- The Floral Court — 911 E Main St, Russellville, AR 72802
- Sweeden Florist — 117 N Commerce Ave, Russellville, AR 72801
- Kroger Floral — 1109 W Main St, Russellville, AR 72801
FAQs
What type of property is this?
Storefront property - Turnkey dry cleaning storefront offered for sale with fully equipped, operational setup and ample parking.
Where is this storefront property located?
The property is located at 718 Arkansas Ave Russellville, AR.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Turnkey dry cleaning storefront for sale with a fully equipped, operational setup; Business setup includes an operational dry cleaning storefront in a commercial building; Ample parking and easy access are included with the property
