408 Greenwood Ave, Fort Smith, AR 72901-3456
This exceptional 1,657-square-foot restaurant space is available for sale or lease in the vibrant city of Fort Smith, Arkansas. Located at 408 N Greenwood Ave, this single-tenant property sits on a 0.16-acre lot and is zoned C-2, offering significant potential for a variety of culinary ventures. The property boasts a fully functional kitchen, complete with a vent hood, ensuring a smooth transition for any new operator. Existing furniture, including tables and chairs, is included, minimizing initial setup costs. The building also features an updated HVAC system, providing comfortable and efficient climate control year-round. The property's prime location in Fort Smith guarantees high visibility and foot traffic, making it an ideal opportunity for an established restaurant seeking expansion or a new concept looking to establish a strong presence in the market. The property's APN is 14436-0023-00006-00 and is situated in Sebastian County, Arkansas, zip code 72901. This turnkey opportunity presents a rare chance to acquire a fully equipped and well-located restaurant space, ready for immediate operation. Serious inquiries are encouraged.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.