201 1St Ave Crossett, AR 71635

Property Details for 201 1St Ave

Year built

1990

Lot size

0.65 lot acres

Property size

2,614 SF

Property type

Drive through restaurants

APN

706-00117-000

APU

70600117000

Description

This exceptional investment opportunity presents a vacant 2,614 square foot former Kentucky Fried Chicken restaurant situated on a 0.65-acre lot at 201 E 1st Ave, Crossett, AR 71635. Built in 1990, this single-story building offers a ready-made space for a quick-service restaurant or other suitable business. The property is located in Crossett, Arkansas, the largest city in Ashley County, boasting a population exceeding 10,752 residents. The area benefits from the presence of major employers like Georgia-Pacific Corporation and Georgia Pacific Resins Corporation, employing over 660 people. Crossett's low cost of living makes it an attractive location, further enhanced by a pleasant climate. Educational institutions such as UAM College of Technology-Crossett and the University of Arkansas are nearby, along with Ashley County Medical Center. Recreational opportunities abound with the Felsenthal National Wildlife Refuge, a mere 8-mile drive, offering 76,000 acres of natural beauty. Several apartment complexes, including Oakhurst, Village Creek, and Turtle Creek Apartments, are also conveniently located nearby, providing a substantial residential base. The asking price is $500,000, translating to $191.28 per square foot. This fee-simple ownership opportunity is ideal for an owner-user investor seeking to establish or relocate their business in a thriving community. The property's previous use as a Kentucky Fried Chicken restaurant, a globally recognized brand, speaks to its established viability and potential for future success.

Location Insight

City

Crossett

County

Ashley

State

Arkansas

Longitude

-91.9598

Latitude

33.135

Property Tax & Assessments