Two-Space Restaurant
For Sale
$239,900
903 East Page Ave, Malvern, AR 72104
Established restaurant property with retained kitchen equipment, dining furnishings, and a second space adaptable for expanded service.
Property Size2,043 SF
Price / SF$117.43
Days on Market44
Property Features for 903 East Page Ave
General Information
Standard status
Active
Size
2,043 SF
Property subtype
Commercial / Industrial
Restaurant
Commercial Hood
Yes
Grease Trap
Yes
Equipment Included
Yes
Additional Details
Furnished
Yes
Listing Agency:
LPT Realty
(501) 860-8306
Listed By:
Kelly Wei · License #EB00074530
(501) 860-8306
Source:
Heilesassociatesrealtors
Added: Jul 16
Changed: Aug 28
Last Checked: Aug 28 at 12:57PM
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 LPT Realty
Investment Insights
Based on property information with market context.
This 2,043-square-foot restaurant building contains two separately configured business areas and was built in 1971. One area currently serves as a retail store after a 2023 conversion from private dining space; the layout can be returned to dining use. Existing restaurant improvements include kitchen equipment, a grease trap, and kitchen exhaust, while tables, booths, counter stools, and chairs remain with the property.
The building is located at 903 East Page Ave in Malvern, Arkansas, along a busy street with substantial drive-by traffic. Its established restaurant configuration and adaptable secondary area support continued restaurant use or another food-oriented operation, subject to applicable requirements.
The building is located at 903 East Page Ave in Malvern, Arkansas, along a busy street with substantial drive-by traffic. Its established restaurant configuration and adaptable secondary area support continued restaurant use or another food-oriented operation, subject to applicable requirements.
Key Highlights
- 2,043‑square‑foot commercial building with two separate business spaces
- Restaurant use dating to the 1970s; building constructed in 1971
- Private dining area converted to retail space in 2023 and adaptable for dining use
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Commercial hood
Yes
Grease trap
Location Intelligence
Trade Area within ½ mile
321
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72104, AR
23,456
Population
9,771
Households
2.4
Avg Household Size
41
Median Age
15%
College-Educated
88%
High-School Grad
326.5 sq mi
ZIP Area
72
Density / Sq Mi
$51,492
Median Household Income
$33,672
Median Earnings
$768
Median Rent
$117,300
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 - Established restaurant property with retained kitchen equipment, dining furnishings, and a second space adaptable for expanded service.
Where is this conventional restaurant located?
The property is located at 903 East Page Ave Malvern, AR.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: 2,043‑square‑foot commercial building with two separate business spaces; Restaurant use dating to the 1970s; building constructed in 1971; Private dining area converted to retail space in 2023 and adaptable for dining use
