481 School Ave Fayetteville, AR 72701
- Turn key restaurants
- 4,029 SF
Current Use by Public Records
- Arsaga's Mill District / Vegan Restaurant / Breakfast Restaurant
Property Details for 481 School Ave
- Year built
- 1950
- Property size
- 4,029 SF
- Zone code
- C-2
- Property type
- Turn key restaurants
- APN
- 765-22547-000
- APU
- 76522547000
Description
This exceptional turnkey restaurant and coffee shop, located at 481 School Avenue in Fayetteville, Arkansas, presents a unique investment opportunity. Boasting 4,029 square feet, the property enjoys a prime location in Fayetteville, benefiting from its proximity to the Razorback Greenway. The establishment includes a covered patio, perfectly situated to take advantage of the Greenway's foot traffic and outdoor recreation enthusiasts. The property features a fully operational coffee and espresso program, a unique selling point enhanced by a brick wood-fired oven, adding a distinctive culinary element. Two convenient walk-in units provide ample storage space for inventory and supplies. A fully equipped bar is ready for immediate use, adding another revenue stream. All fixtures, furniture, and equipment (FF&E) are included in the sale, ensuring a seamless transition for the new owner. Custom furniture adds to the property's high-end appeal. Note that naming rights are not included in the sale. The property also benefits from its inclusion in the Outdoor Refreshment Area (ORA), providing additional opportunities for outdoor seating and customer engagement. Two RV hookups are available, offering potential for additional revenue or employee amenities. The asking price for this fully operational and well-equipped business is $2,750,000. This is a rare opportunity to acquire a thriving business in a highly desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Washington
- State
- Arkansas
- Longitude
- -94.1653
- Latitude
- 36.0572
- CBSA code
- 22220
- CBSA name
- FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA