Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Turn key restaurants

    1150 Hwy 71st S, Mena, AR 71953-3908

    3,640 SF 0.56 ac lot Built 1980
    Individually Owned Free & Clear
    Property ID
    US05-1704363
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1980
    Construction FRAME
    Total area 3,640 SF
    Lot 0.56 ac (24,306 SF)
    APN 6000-01982-0000
    UPID US05-1704363
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    WILLIAM T RAINEY
    WILLIAM T RAINEY
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 1150 Hwy 71st S?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message