1701 Hendrix St Altus, AR 72821
This exceptional business opportunity presents a well-established entertainment venue located in the heart of downtown Altus, Arkansas. The property encompasses six lots and a substantial 3,287 square foot building, providing ample space for operations and potential expansion. The sale includes the majority of the existing equipment and inventory, allowing for a seamless transition for the new owner. The business boasts a loyal and extensive customer base, built over many years of successful operation, providing a strong foundation for continued growth and profitability. This turnkey operation is ideal for an entrepreneur seeking a ready-made business with significant upside. The 0.52-acre lot offers considerable potential for future development or expansion of the existing facilities. The prime downtown location ensures high visibility and accessibility, attracting a steady stream of customers. This is a rare chance to acquire a thriving business with a proven track record in a desirable location. The substantial building provides ample space for various entertainment options, and the included equipment and inventory minimize the initial investment required to begin operations. This is a unique opportunity to own a piece of Altus's vibrant downtown scene. Serious inquiries are encouraged.
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Tommy Deans Bar & Pub
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
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.