1150 Hwy 71st S, Mena, AR 71953-3908
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.