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    OFF-MARKET
    Turn key restaurants

    108 2nd St, Flippin, AR 72634-7906

    2,061 SF 0.16 ac lot Built 1970
    Individually Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US05-0567066
    Property summary
    AI-generated overview

    This 2,246 square foot commercial building in Flippin, Arkansas, presents a fantastic opportunity for entrepreneurs. Located at 108 2nd Street, this vacant property offers a blank canvas for a variety of uses, including retail, commercial, office, or restaurant space. The building boasts a recently updated metal roof, a newly paved parking lot accommodating 25+ vehicles, and a newer HVAC system ensuring year-round comfort. Inside, the interior has been stripped to the studs, plumbing, and electrical, providing a clean slate for customization. Two and a half bathrooms are included, along with ample basement storage space. Added features enhance accessibility and convenience, including a handicap-accessible ramp at the main entrance and a fenced-in private area accessible from a side exit. The property is being sold "as is, where is," and requires a minimum of two hours' notice for showings. This is an exceptional opportunity to establish your business in a desirable location with significant potential. The property sits on a 0-acre lot. The asking price is $119,000.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1970
    Total area 2,061 SF
    Lot 0.16 ac (6,970 SF)
    APN 770-00332-000
    UPID US05-0567066
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Michael A Kucala · 6 yrs held
    Michael A Kucala
    since 2019
    1 recorded transaction
    2019
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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