20674 Highway 59 Evansville, AR 72729
For Sale
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This exceptional turnkey restaurant opportunity in Evansville, Arkansas, presents a unique chance to acquire a well-established business. Situated on a spacious 3-acre lot, the property boasts a substantial 4,580 square feet of interior space, perfectly designed for culinary operations. The restaurant comes fully equipped, including all tables, chairs, and a fully stocked kitchen, eliminating the need for significant upfront investment. Its prime location has cultivated a loyal customer base among locals, truckers, and bikers, ensuring a ready-made clientele. The existing reputation ensures a smooth transition for a new owner, minimizing the challenges associated with starting a new business from scratch. Furthermore, the property includes a valuable component: half-meal prep services, which contribute to the overall income stream. This turnkey operation offers immediate revenue potential and the chance to build upon an already successful foundation. The property is ready for a new owner to step in and continue the legacy of this beloved community establishment, or to implement their own innovative culinary vision. This is a rare opportunity to own and operate a profitable restaurant with significant existing infrastructure and a proven track record.
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
AA1 · Evansville, AREvansville. Always verify with local authorities before improvements.
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.