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33187669
33187667

1715 Main Street, North Little Rock, AR 72114 For Sale

IW
AR SA00089039
SC
AR PB00059330
Capital Real Estate Advisors
Listed by Capital Real Estate Advisors
$270,000
69 days on market
Updated 50 days ago

1715 Main Street

Details
Property Type Retail
Square Footage 3,640
Units 1
Cap Rate 7.00%
NOI $150,000
Occupancy 90%
Brand/Tenant Food Lion
Pro-Forma Cap Rate 8.00%
Pro-Forma NOI $175,000
Price per SqFt $74
Class C
Year Built 1960
Year Renovated 2016
Zoning Buisness
Investment Type Owner/User
Ground Lease No

This property is located in a prime location for a business venue.

Investment highlights

Catering Venue for Sale – Prime North Little Rock Location A must-see in-house catering venue located on Main Street in North Little Rock, just minutes from the vibrant Argenta District. This property is ideal for hosting on-site banquets and managing off-site catering events. The venue includes two banquet rooms, one private office, and a fully equipped commercial kitchen featuring a commercial oven, walk-in cooler, 25-count food warmer, and prep tables. A dedicated dishwashing room includes a commercial dishwasher and multiple sinks for efficient operation. An oversized attached garage provides ample storage for catering supplies and smallwares, as well as housing a delivery van. Note: Equipment, supplies, and van are not included in the building sale but are available for optional purchase.

Listing Contacts

IW
AR SA00089039
SC
AR PB00059330
Capital Real Estate Advisors
Listed by Capital Real Estate Advisors

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$150,000.00
$12,500.00/mo

Valuation Metrics

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DSCR
55.56%
Cap Rate
55.56%
ROI

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Additional Information

Name
Irma Wilkerson
License
SA00089039
Name
Sergio Convers
License
PB00059330
Brokerage
Capital Real Estate Advisors
Brokerage Phone
501-420-4097
Title
Principal Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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