1150 Highway 71 S Mena, AR 71953
Property profile & analytics
1150 Highway 71 S Mena, AR 71953
- Turn key restaurants
- 3,640 SF
- 0.56 lot acres
Property ID
US05-1704363
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Turn key restaurants
Property Details for 1150 Highway 71 S
- Year built
- 1980
- Construction
- FRAME
- Lot size
- 0.56 lot acres
- Property size
- 3,640 SF
- Property type
- Turn key restaurants
- APN
- 6000-01982-0000
- APU
- 6000019820000
Description
This exceptional opportunity presents a thriving, established steakhouse in Mena, Arkansas, listed at $795,000. The 3,640 square foot, two-story building sits on a 0.89-acre lot at 1150 Highway 71 South, zip code 71953. This turnkey operation boasts a long-standing reputation as a premier dining destination, featuring a diverse menu, a fully stocked bar, and an on-site meat market. All equipment and furniture are included in the sale, along with a separate office space and two additional outbuildings. The property includes two large walk-in freezers and public restrooms. Streamline operations with the included automated POS system, TOAST financial software, and DAVO tax system. A transferable liquor license and business name ensure a seamless transition for the new owner. Currently operating five days a week, there's significant potential for increased revenue. Financial details are available upon request to qualified buyers under a non-disclosure agreement. This fee-simple property offers a substantial cash flow and the potential for future expansion. Additional land may also be available.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Mena
- County
- Polk
- State
- Arkansas
- Longitude
- -94.2416
- Latitude
- 34.5736
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,862
$8,960
$34,750
$43,710
-
$44,800
$173,750
$218,550
