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Property summary
A multi-use property in downtown Olyphant consisting of two buildings and totaling approximately 18,725 square feet. The facility includes a commercial banquet space with seating for 275 people, a storefront, and a deli, along with six rented residential apartments. The property is served by a paved parking lot accommodating over 50 vehicles. Ceiling heights in the banquet portion range from 13 to 16 feet, and a roof replacement was installed over the banquet portion in February 2024. Flood insurance is required. The site includes the associated land, with the property historically operating as a business use and configured to include commercial, retail/food service, and residential components.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Olyphant market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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