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    Evansville, AR
    Restaurants

    Evansville, AR Restaurants for Sale

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    Stilwell, OK Canehill, AR Lincoln, AR Morrow, AR Natural Dam, AR West Fork, AR Westville, OK Summers, AR
    Restaurant Building with Commercial Kitchen
    Updated: Jun 8
    Restaurant Building with Commercial Kitchen

    20674 S Highway 59, Evansville, AR 72729

    $299,900
    4,580 sqft 2.02 AC lot
    4,580 sq ft commercial building (per CH), built in 1986
    Former K'T's restaurant building; currently utilized as an event center
    Fully equipped commercial kitchen included
    Includes tables and chairs for events or dining setup
    Building is not currently in operation but is described as fully equipped and ready for use
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    This listing looks promising.

    Here's a quick look at some key insights for

    20674 S Highway 59, Evansville, AR 72729

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    • Est. Cap Rate

      8.9%
      Above avg (5.9%)

    • Est. NOI

      $27K
      Annual

    • Price @ 7% Cap

      $383K
      Above asking

    • Property Type

      Restaurant
      Built 1986
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    Restaurant Building with Highway Frontage
    Updated: Jun 1
    Restaurant Building with Highway Frontage

    20674 S Highway 59, Evansville, AR 72729

    $299,900
    4,580 sqft 0.87 AC lot
    4,580 sq ft commercial building (per CH) built in 1986, currently used as an event center
    Highway 59 frontage with highly visible access, located 7 miles from Stilwell
    Fully equipped commercial kitchen plus tables and chairs included
    Includes 4 bathrooms, including 2 handicap‑accessible restrooms
    3 heat pumps and all‑electric utilities; rural water and fiber internet available
    View details
    Restaurant and Event Venue Building
    Restaurant and Event Venue Building

    20674 Highway 59, Evansville, AR 72729

    $299,900
    1.60 AC lot

    Turnkey restaurant/event property with an on-site commercial kitchen, set up for dining or gatherings on 1.6 acres.

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    Restaurant and Event Center Building
    Restaurant and Event Center Building

    20674 S Hwy 59, Evansville, AR 72729

    Contact for pricing
    4,580 sqft

    Fully equipped commercial kitchen and event setup, with Highway 59 visibility and ADA-friendly restroom access.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 4 Active listings in Evansville, AR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Remodeled Commercial Building with Income
    Remodeled Commercial Building with Income

    111 W Bean Street, Lincoln, AR 72744

    $625,000
    4,230 sqft

    4,230 sqft building in Lincoln, AR with income potential.

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    Remodeled Restaurant Building
    Remodeled Restaurant Building

    111 W Bean St, Lincoln, AR 72744

    $625,000
    4,230 sqft

    Remodeled restaurant building with a vent hood and walk-in cooler, currently occupied through 5/31/27.

    View details
    Freestanding Quick-Service Building with Drive-Thru
    Freestanding Quick-Service Building with Drive-Thru

    1109 E Pointer Trl, Van Buren, AR 72956

    Contact for pricing
    490 sqft

    Freestanding quick-service building with drive-thru, built in 2024.

    View details
    Freestanding Starbucks in Van Buren, AR
    Freestanding Starbucks in Van Buren, AR

    2034 Fayetteville Rd, Van Buren, AR 72956

    $1,438,462

    Single tenant Starbucks with lease extension in Van Buren, AR.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Cleared Commercial Development Lot
    Cleared Commercial Development Lot

    83324 Wingfield Xing, Stilwell, OK 74960

    $500,000
    1.00 AC lot

    Cleared and leveled 1-acre commercial lot with frontage off US 59 in a shopping center anchored by Wal-Mart.

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    Commercial Land on Hwy 62
    Commercial Land on Hwy 62

    W Heritage Parkway lot: 0, Prairie Grove, AR 72753

    $2,800,000
    15.26 AC lot

    Commercial development opportunity in rapidly growing Prairie Grove area.

    View details
    Corner-Front Commercial Development Land
    Corner-Front Commercial Development Land

    Hwy 62/Butler, Prairie Grove, AR 72753

    $650,000
    5.69 AC lot

    Dual road frontage and commercial zoning make this corner parcel suitable for a range of development concepts.

    View details
    Prairie Grove Commercial Corner Lot
    Prairie Grove Commercial Corner Lot

    2.13 AC 924 & 930 E Parks Street, Prairie Grove, AR 72753

    $1,206,176
    2.13 AC lot

    High-visibility corner lot in rapidly developing commercial corridor.

    View details

    Off-Market Properties in Evansville, AR

    Consider similar Off-Market properties in Evansville, AR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    20674 Hwy 59
    RESTAURANT

    20674 Hwy 59, Evansville, AR 72729-9757

    Value Estimation by Request
    4,580 sqft 1.60 AC lot
    View details

    Evansville, AR Restaurants Market Trends and Statistics

    Explore 5 restaurants for sale in Evansville, AR, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 13,740 square feet of properties for sale, with an estimated market value of $899,700.

    Sale prices for restaurant properties in Evansville, AR average $299,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 4
    Commercial kitchens 3

    Demographics Overview

    Population 121
    Population Growth (5Y) -26.7%

    High-Yield Neighborhoods for Investment

    Identify Evansville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    72729 $299.9K

    Taxes & Financing

    Tax Rate (average for all types) 3.16%
    Property Tax per SF $26.98 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Washington County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Washington County

    Residential Income

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