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Mixed-Use Property with Restaurant
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 Market558

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: Nov 4 Last Checked: Nov 6 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.

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property includes a renovated restaurant and two updated residential units, each configured with one bedroom and one bathroom. Recent work to the restaurant includes flooring, drywall, paint, electrical, and HVAC upgrades. Restaurant equipment and furnishings are included, among them an industrial grill, walk-in cooler, ice box, refrigerators, commercial dishwashers, prep stations, tables, and chairs. A security system is installed.

The residential units provide a separate component alongside the restaurant space. The property is located on Highway 278 in Monticello, Arkansas.

Key Highlights

  • Restaurant improvements include updated electrical, HVAC, flooring, drywall, and paint
  • Two residential units, each with one bedroom and one bathroom
  • Restaurant equipment and furnishings convey, including grill, refrigeration, dishwashers, prep stations, tables, and chairs

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

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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines a renovated dining facility with two updated one-bedroom residences.
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: Restaurant improvements include updated electrical, HVAC, flooring, drywall, and paint; Two residential units, each with one bedroom and one bathroom; Restaurant equipment and furnishings convey, including grill, refrigeration, dishwashers, prep stations, tables, and chairs
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