909 E Broad St, Texarkana, AR 71854
For Sale
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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.
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Unity In the Community Community Center
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
Similar Nearby for Lease
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.