306 Hwy 64th W Coal Hill, AR 72832
This exceptional opportunity presents a well-established restaurant and 0.5-acre lot in Coal Hill, Arkansas, listed at $175,000. The property, located at 306 Highway 64, boasts a 2,090 square foot building with a rich history, serving the community since 1968. Recent renovations include a new HVAC system, fresh paint throughout, remodeled restrooms, and new floor paint, ensuring a modern and inviting atmosphere. All equipment is operational and included in the sale, allowing for immediate commencement of business. This turnkey operation includes an ice machine, tables, chairs, two refrigerated cabinets, a chest freezer, griddle, fryer, vent hood, two refrigerators, two upright freezers, an ice cream machine/blender, and a commercial refrigerator. The highly visible location on US Highway 64 offers ample parking and features a prominent pole sign, ensuring excellent visibility and accessibility for customers. This presents a rare chance to acquire a profitable, established business with significant community ties at an affordable price. An adjacent three-bay metal shop is also available for an additional $25,000, providing potential for expansion or additional income streams. The property's prime location and established customer base make this an attractive investment for entrepreneurs seeking a ready-to-run business in a thriving small town. The 0.5-acre lot provides ample space for outdoor seating or future development. This is a truly unique opportunity not to be missed.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.