Property summary
The property is a mixed-use lodging and alcohol retail site located in Paragould, Arkansas, situated on approximately 2.7 acres. It comprises two primary buildings: (1) a free-standing liquor store building with approximately 2,800 square feet and an attached 2-bedroom apartment, and (2) a separate motel building with approximately 2,924 square feet containing 10 guest rooms plus a dedicated laundry room. Both structures are built of concrete block with pitched roofs that had been replaced in 2013. The motel rooms are equipped with queen-size beds, mini-fridges, microwaves, and PTAC heating and cooling units. The liquor store and motel are configured to operate together on the same site, and the package historically included the liquor license and business fixtures, along with available inventory as a separate item.
Property profile
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Value estimation
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Cap rate
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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