852 Hwy 62nd W 412, Salem, AR 72576-9716
This exceptional restaurant opportunity is located at 852 Hwy 62 W in Salem, Arkansas. Priced at $189,000, this turnkey operation boasts 2,828 square feet situated on a 1.21-acre lot, providing ample parking. The property features a large main dining area, a separate private dining area ideal for meetings, and a spacious kitchen and prep area fully equipped with all necessary appliances including fryers, refrigerators, grills, a broiler, an ice machine, and a buffet table. All existing furniture, fixtures, and equipment—tables, chairs, cash register, dishes, pots, pans, and more—are included, allowing for immediate operation. A small living area is located in the partial basement. This established restaurant benefits from a high-traffic location on a major US highway, offering excellent visibility and accessibility. The property's proximity to Lake Norfork further enhances its appeal. This is a rare opportunity to acquire a well-equipped, established restaurant in a desirable location. The substantial square footage and ample parking make this a truly remarkable investment.
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.