Commercial property along W MLK Jr. Blvd in Fayetteville! Minutes to I-49 and the University of Arkansas. Property backs up to the newly constructed Centennial Park. Income producing or has potential for redevelopment. Approx. 232' of frontage on W MLK Jr. Blvd with 44,000 CPD. Superb visibility near major retailers including Lowe's, Walmart and Aldi. Current lease generates $2,700/month, increases to $2,800/month in December 2023. Building has new roof, AC, gutters and siding.
Income producing restaurant space for sale. Located in the Legacy Building, one block off Dickson Street. 6.03% Cap Rate. 100% Occupied by new restaurant with 5 year NNN lease starting 5/1/22. Immaculately finished out with large seating area, 2 patios, fully built out kitchen & bar. All equipment can convey.
Large lot on N college (71B) with endless potential. 3 buildings on site. All utilities available. 30,000 cars pass by this location on a daily average.
Fantastic location in central Fayetteville on College Ave.Commercial building currently being used as a restaurant with 1.2 acres for sale on College Ave. Property for sale include existing business. Building features full kitchen and seating for 74. 21 Tables, 54 chairs and booth seat for 20 .Some kitchen equipment to convey with sale of property. Original sunroom was closed in to add additional seating capacity in (2018). New roof 2021Great place to start new business or take over existing restaurant.
The median home value in Fayetteville, AR is $380,000. This is higher than the county median home value of $298,500. The national median home value is $338,100. The average price of homes sold in Fayetteville, AR is $380,000. Approximately 36.82% of Fayetteville homes are owned, compared to 55.14% rented, while 8.05% are vacant. Fayetteville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Fayetteville real estate agent to arrange a tour today!
Fayetteville, Arkansas has a population of 92,070. Fayetteville is less family-centric than the surrounding county with 32.88% of the households containing married families with children. The county average for households married with children is 33.88%.
The median household income in Fayetteville, Arkansas is $52,111. The median household income for the surrounding county is $56,610 compared to the national median of $69,021. The median age of people living in Fayetteville is 28.4 years.
The average high temperature in July is 88.7 degrees, with an average low temperature in January of 25.2 degrees. The average rainfall is approximately 47 inches per year, with 6.6 inches of snow per year.