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$ 370,000
Est. payment | /mo
8,960 SqFt
$ 370,000
Est. payment | /mo
8,960 SqFt
Key Details
Property Type Commercial
Sub Type Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 8,960 sqft
Price per Sqft $41
Subdivision City Of El Dorado
MLS Listing ID 24028109
Style Built to Suit
Year Built 1925
Tax Year 2023
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Building and Land
Property Description
Located in the heart of historic Downtown El Dorado, this versatile 8,960 sq. ft. building is a prime investment opportunity. The property features two distinct businesses: 1. La Piazza: This vibrant restaurant occupies the lower level and is leased through March 15, 2026, with a monthly rent of $2,033 for 9 months (tenant is responsible for utilities). Note: Restaurant equipment is not included in the sales price. La Piazza operates seasonally, closing June through August. 2. The Randolph Events Venue: Positioned on the upper level, this space is available for daily rentals at $500. Ideal for a range of events, it is a profitable addition to this dynamic property. Each unit includes 2 restrooms, enhancing convenience for both tenants and guests. Don't miss this unique opportunity to own a prime piece of historic downtown real estate with stable rental income and event hosting potential.
Location
State AR
County Union
Area El Dorado
Interior
Heating Central Cool-Electric, Central Heat-Gas
Flooring Vinyl
Exterior
Utilities Available Sewer-Public, Water-Public, Electric-Municipal, Gas-Natural
Roof Type Flat
Building
Lot Description Level
Foundation Crawl Space
New Construction No
Listed by Jan's Realty • Netasha L Williamson
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "