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    FOR SALE
    Turn key restaurants

    909 E Broad St, Texarkana, AR 71854

    11,425 SF 2.83 ac lot Built 1965
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US05-1600361
    Property summary
    AI-generated overview

    This exceptional 10,000-square-foot multi-purpose building presents a unique investment opportunity in Texarkana, Arkansas. Previously operating as a successful restaurant, this property is ideally suited for a variety of uses, including a new restaurant or a banquet facility. The building boasts a fully equipped kitchen, complete with a grease trap and vent hood, making it ready for immediate occupancy by a food service business. A highlight of this property is the expansive banquet hall, capable of seating approximately 200 guests and featuring a dance floor, perfect for weddings, corporate events, or other large gatherings. The ample parking ensures convenient access for patrons and staff. Four public restrooms are conveniently located throughout the building. The asking price is $550,000, representing a price per square foot of $55. Located at 909 E Broad St, Texarkana, AR 71854, this property is offered as a vacant NNN lease. This versatile space offers significant potential for a discerning investor seeking a high-return commercial property in a thriving location. The building's size, amenities, and prime location make it an attractive prospect for a wide range of businesses. Don't miss this chance to acquire a substantial and well-equipped commercial property in a desirable market.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1965
    Total area 11,425 SF
    Lot 2.83 ac (123,362 SF)
    APN 283903
    UPID US05-1600361
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Unity In the Community Community Center
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    BBB TEXARKANA, L L C
    BBB TEXARKANA, L L C
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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