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Restaurant with Two Rental Units
For Sale
$875,000

810 Highway 278, Monticello, AR 71655

Commercial / Industrial, Monticello, AR

Property Size2,976 SF
Lot Size2.29 Acres
Price / SF$294.02
Days on Market526

Property Features for 810 Highway 278

General Information

Property type Commercial Sale
Property subtype Other
Parking 40
Subdivision Monticello Original
Directions When you are headed east from the Monticello square and merge onto 278, the property will be located on your right.
Standard status Active
APN 703-01555-000-C
Size 2,976 SF
Lot size 2.29 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Deed to be attached
Tax Annual Amount 1398
Legal Description Deed to be attached

Amenities

security system

Building Details

Year built 1995
Floors in Building 1
Listing Agency: Wilkerson Real Estate Company
Listed By: Hunter Wilkerson
Added: Apr 28, 2025 Changed: Oct 5 Last Checked: Oct 5 at 11:06AM
MLS# 25016872

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.

The 2,976-square-foot restaurant sits on 2.29 acres and has undergone renovations to its floors, drywall, paint, electrical system, and HVAC. The sale includes restaurant furnishings and equipment, including an industrial grill, walk-in cooler, ice box, refrigerators, commercial dishwashers, prep stations, tables, and chairs. A security system is installed, and the property has two one-bedroom, one-bath residential units.

Located at 810 Highway 278 in Monticello, the property combines restaurant facilities with two rental residences on one parcel.

Key Highlights

  • 2,976‑square‑foot restaurant on 2.29 acres
  • Renovated floors, drywall, paint, electrical system, and HVAC
  • Commercial kitchen equipment and furnishings convey, including grill, coolers, refrigerators, and dishwashers

Property Analytics

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Current Use

Conventional restaurants

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

92
Businesses Nearby
6k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
6,469 visits/mo 0.0 miles

Demographics for 71655, AR

14,458
Population
6,659
Households
2.2
Avg Household Size
37
Median Age
24%
College-Educated
88%
High-School Grad
365.7 sq mi
ZIP Area
40
Density / Sq Mi
$40,878
Median Household Income
$32,874
Median Earnings
$703
Median Rent
$132,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - A renovated dining property includes furnished residential space and a full complement of commercial kitchen equipment.
Where is this mixed-use property located?
The property is located at 810 Highway 278 Monticello, AR.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 2,976‑square‑foot restaurant on 2.29 acres; Renovated floors, drywall, paint, electrical system, and HVAC; Commercial kitchen equipment and furnishings convey, including grill, coolers, refrigerators, and dishwashers
More about this property
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