3200 State Line Ave Texarkana, AR 71854-2667
- Turn key restaurants
- 4,328 SF
- 0.48 lot acres
Feb 27, 2023
Current Use by Public Records
- Reggie's Burgers, Dogs & Fries / Restaurant / Hamburger Restaurant
- State Line Shopping Center / Shopping Mall
Property Details for 3200 State Line Ave
- Year built
- 1980
- Construction
- FRAME
- Lot size
- 0.48 lot acres
- Property size
- 4,328 SF
- Property type
- Turn key restaurants
- APN
- 4310010
- APU
- 4310010
Description
Exceptional investment opportunity: A thriving Texarkana restaurant, Reggie's Burgers, Dogs & Fries, is available for sale at $700,000. This 4,328 square foot, single-story building sits on a 0.48-acre lot at 3200 N State Line Ave, Texarkana, AR 75503. Built in 1980, the property boasts 100% occupancy and is currently operating as a successful restaurant, with all equipment included in the asking price. Alternatively, the building is available for $600,000 without equipment. The restaurant enjoys a prime location on State Line Avenue, benefiting from high foot traffic. It's an outparcel of a strip center anchored by Dollar General, Premier High School, Fun Wash Laundry Center, and Home Furniture World. The property's strategic location on the Arkansas side of State Line Avenue, with Texas just across the street, provides excellent access to a large customer base. A lease option is also available at $1.00 per square foot. This presents a rare chance to acquire a well-established business or a highly visible retail space in a bustling commercial area. Interested parties should schedule an appointment prior to visiting the property. Virtual tours are available online.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Texarkana
- County
- Miller
- State
- Arkansas
- Longitude
- -94.0426
- Latitude
- 33.4531
- CBSA code
- 45500
- CBSA name
- TEXARKANA, TX-TEXARKANA, AR METROPOLITAN STATISTICAL AREA