20674 S Highway 59 - Restaurant FOR SALE


Evansville, AR 72729
$299,900 USD
918-575-1415
20674 S Highway 59, Evansville, AR for Sale
$299,900 USD
Restaurant - FOR SALE
1/29
null | Request Cap Rate

20674 S Highway 59
Evansville, AR 72729


HIGHLIGHTS

  • Rare Commercial Opportunity
  • The Only Restaurant Building in Town
  • A well-known landmark

OVERVIEW

Rare Commercial Opportunity – The Only Restaurant Building in Town! Formerly known as K'T's, this iconic property offers a unique opportunity to own a well-known landmark with a reputation that extends far beyond the local community. Once a thriving restaurant that attracted locals, truckers, bikers, and travelers alike, the property is not currently in operation but remains fully equipped and ready for its next chapter. Featuring 4,580 sq ft (per CH), this versatile commercial building is currently utilized as an event center and comes complete with tables, chairs, and a fully stocked commercial kitchen. The possibilities are endless—reopen the restaurant, add a convenience store or fuel station, continue event venue operations, create a wedding venue, or explore conversion to a residence. Situated on highly visible Highway 59 frontage just 7 miles from Stilwell, the property offers excellent exposure and accessibility. Additional features include a durable block building, 4 bathrooms (including 2 handicap-accessible restrooms), 3 heat pumps, all-electric utilities, rural water, fiber internet, and ample space to bring your vision to life. Commercial properties with this history, location, and flexibility are hard to find. Whether you're an entrepreneur, investor, or someone looking for a unique property with unlimited potential, this is an opportunity worth exploring.

FOR SALE DETAILS

PRICE

$299,900 USD

PRICE/SF

$65 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.02 AC

LAND SF

87,991 SF

ZONING

AA1

APN/PARCEL ID

001-02126-000,001-02127-000

ASK ABOUT THIS PROPERTY

Matt FordKeller Williams Market Pro RealtyMore Info
918-575-1415

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Matt FordKeller Williams Market Pro RealtyMore Info
918-575-1415

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.