ATTENTION: BUSINESS OWNERS, RESTAURATEURS & INVESTORS!
4,521± SF Single-Story Restaurant/Retail Space on 2.22± Acres ~ Prime Location 1.5 Miles West of I-49 (Exit 62), on MLK Jr. Blvd. in Fayetteville ~ Average Daily Traffic Count of 37,000± VPD ~ Selling On-site w/Live, Online Bidding Available
REAL ESTATE DESCRIPTION: This Well-Maintained 4,521± SF, Single-Story Restaurant/Retail Space, Built in 2020, Sits on a Prime 2.22± Acre Location on Fayetteville's High Traffic Count, West Martin Luther King Jr. Boulevard ~ 65 Paved Parking Spaces ~ Prime Location just 1.5 Miles West of I-49 & 2.4 Miles to the University of Arkansas, with an Average Daily Traffic Count of 37,000± VPD ~ Lease Rate Potential of $15,000/Mo. ~ Furniture & Fixtures Included ~ Zoning Urban Thoroughfare, Residential Agriculture ~ Across MLK from Mount Kessler Trailhead ~ Within a Mile of Lowe’s, Walmart, Aldi & Much More! ~ This is a Fantastic Opportunity to Purchase a Prime Commercial Space in Fayetteville's Rapidly Western Growth Area Towards Farmington ~ Offers Made Prior to Auction Day are Welcome & Encouraged!
Building Details:
INSPECTION: Property can be Viewed by Appointment ~ Contact Agent Peter Guerin II at 501-733-6795/ peter@wilsonauctioneers.com ~ Doors Open & Auctioneers will be On-site at 10:00 a.m. for Inspection on Auction Day.
CLOSING COMPANY: City Title & Closing LLC ~ Closing Agent: Blake Hanby ~ 1450 E. Zion Road, Suite 7, Fayetteville, Arkansas 72703 ~ (479) 935-4177.
REAL ESTATE TAXES FOR YEAR 2025: $18,450.00
TERMS: $100,000.00 Cashier’s Check made Payable to Wilson Auctioneers, Inc. Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Closing within 30 Days ~ Title Insurance with Warranty Deed Provided at Closing ~ Property Sold Free & Clear of any Liens & Encumbrances ~ 10% Auction/ Buyer’s Premium ~ Offers Prior to Auction Day are Welcome.
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