Technical
Financial
Distress signals
Property profile

117 W Walnut St Rogers, AR 72756

FOR LEASE
Bars & Pubs
Property ID
US05-0016859
8,648 SF 0.15 ac lot
Entity Owned 12-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 8,648-square-foot property at 117 W. Walnut Street in historic downtown Rogers, Arkansas, presents a unique investment opportunity. Built in 1898, this landmark building boasts a rich history, having served as a farm and supply store, and subsequently housed various businesses including doctor's offices, a funeral home, hardware and automotive shops, restaurants, and most notably, the popular "Grand at 117" event venue. The property features a grand entrance leading to a high-ceilinged great room, complete with iron chandeliers and stunning views of grand staircases and a mezzanine balcony. Ideal for continued use as a restaurant or event space, the building includes a full-size commercial kitchen, a robust hood vent system, two walk-in coolers, and a glycol tap system for both first and second-floor bars. Ample storage is available in the full-height basement. Recent upgrades include newer HVAC units and a new roof installed in 2024. Enjoy ambient outdoor patio seating and take advantage of additional municipal parking located behind the building, enhanced by Rogers' attractive alley lightscapes. This prime location is adjacent to the Experimental House and near Railyard Park, Butterfield Stage, and APT, offering excellent visibility and accessibility. The 0.15-acre lot provides ample space for various uses. Priced at $1,375,000.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Total area 8,648 SF
Lot 0.15 ac (6,534 SF)
APN 02-02186-000
UPID US05-0016859

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Clothing & Fashion Store

Location

117 W Walnut St Rogers, AR 72756
Rogers metro Census 20201 FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2014
7 recorded transactions
2026
Price N/A
2023
Price N/A
2021
Price N/A
2017
Price N/A
2014
$400,000
2004
$225,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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