4280 Mlk Jr Blvd Fayetteville, AR 72704
- Retail properties
- 4,556 SF
- 2.20 lot acres
Current Use by Public Records
- Retail properties
Property Details for 4280 Mlk Jr Blvd
- Lot size
- 2.20 lot acres
- Property size
- 4,556 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional 4,556 square foot restaurant property, located at 4280 W MLK Jr Blvd in Fayetteville, Arkansas, presents a rare investment opportunity. Priced at $2,000,000 ($438.98/sq ft), this retail space sits on a 2.2-acre lot and boasts 65 parking spaces, a significant advantage in a high-traffic area. Currently configured as a restaurant, the building features attractive, large windows surrounding a spacious dining area, perfect for showcasing products or creating a welcoming atmosphere. The property includes already installed restaurant-grade equipment such as vent hoods, a grease trap, and a walk-in cooler. Existing kitchen equipment and restaurant furnishings are negotiable, offering flexibility for the new owner. The property benefits from its prominent location along Highway 62, providing excellent visibility and accessibility. Its proximity to Interstate 49, the University of Arkansas, and Farmington ensures high traffic volume and a diverse customer base. The permitted zoning is Urban Thoroughfare, allowing for a variety of potential uses beyond its current restaurant configuration. A drive-thru lane is also included. The property is adjacent to a Club Car Wash with 37,000 cars passing by annually, further enhancing its visibility and potential. This is a truly unique opportunity to acquire a well-equipped, high-visibility commercial property in a thriving Arkansas market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Washington
- State
- Arkansas
- Longitude
- -94.2223
- Latitude
- 36.0477
