OPPORTUNITY ZONE RESTAURANT & LOFT 322 S Main St

322 S Main St , Jonesboro, Arkansas, 72401 | 4,250 sq.f | $ 439,000

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About This Restaurant

Investment Highlights

2150 Sq Ft Restaurant on First Floor Great long term investment City parking lot directly across from Building 2150 Sq Ft Loft on Second Floor Located in the Historical Downtown District...Live, Play, Work Downtown Downstairs restaurant space has recently been completely remodeled

Executive Summary

COMPLETE RESTAURANT AND LOFT AVAILABLE FOR SALE DOWNTOWN JONESBOROThe building is in great condition and is a perfect investment. The restaurant has a year and a half remaining on a three year lease and the 2150 sq ft loft is available. Please call about details of leases on both restaurant and loft. Owner is a licensed real estate agent.

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Restaurant Restaurant General Retail Bar General Retail Fast Food Restaurant
  • Building Size    4,250
  • Building Class    C
  • Year Built/Renovated    1900/2020
  • Price    439,000
  • Price Per SF    103
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    2 Stories
  • Slab To Slab    10?
  • Building FAR    1.63
  • Land Acres    0.06 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Signage
  • Tenant Controlled HVAC

Property Taxes

Parcel Number 01-144183-09300 Improvements Assessment $6,750
Land Assessment $104,010 Total Assessment $110,760
Date Created: 2024-07-16 04:09:20 Last Updated: 2024-07-16 04:09:20
Address: 322 S Main St , Jonesboro, Arkansas, 72401