481 School Ave Fayetteville, AR 72701-5971
Property summary
This exceptional turnkey restaurant and coffee shop, located at 481 School Avenue in Fayetteville, Arkansas, presents a unique investment opportunity. Boasting 4,029 square feet, the property enjoys a prime location in Fayetteville, benefiting from its proximity to the Razorback Greenway. The establishment includes a covered patio, perfectly situated to take advantage of the Greenway's foot traffic and outdoor recreation enthusiasts. The property features a fully operational coffee and espresso program, a unique selling point enhanced by a brick wood-fired oven, adding a distinctive culinary element. Two convenient walk-in units provide ample storage space for inventory and supplies. A fully equipped bar is ready for immediate use, adding another revenue stream. All fixtures, furniture, and equipment (FF&E) are included in the sale, ensuring a seamless transition for the new owner. Custom furniture adds to the property's high-end appeal. Note that naming rights are not included in the sale. The property also benefits from its inclusion in the Outdoor Refreshment Area (ORA), providing additional opportunities for outdoor seating and customer engagement. Two RV hookups are available, offering potential for additional revenue or employee amenities. The asking price for this fully operational and well-equipped business is $2,750,000. This is a rare opportunity to acquire a thriving business in a highly desirable location.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Value estimations
Owner & transaction history
Zoning & alternative use
The Thoroughfare Commercial District is designed especially to encourage the functional grouping of these commercial enterprises catering primarily to highway travelers. The intent of this district is to allow administra…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Fayetteville, ARThe Thoroughfare Commercial District is designed especially to encourage the functional grouping of these commercial enterprises catering primarily to highway travelers. The intent of this district is to allow administra…
Zoning
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Zoning designation
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The district profile from the municipal source: what is on file for C-2 in Fayetteville, AR.
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