4245 Highway 177 S - Restaurant FOR SALE


Jordan, AR 72519
$2,000,000 USD
870-688-7100
4245 Highway 177 S, Jordan, AR for Sale
$2,000,000 USD
Restaurant - FOR SALE
1/27
null | 17.5% Cap Rate

4245 Highway 177 S
Jordan, AR 72519


HIGHLIGHTS

  • Beautiful location on Norfork Lake
  • Large, acclaimed restaurant with loyal following
  • 11 newly refurbished cabins and new 3,200 SF custom home available separately
  • Owned extra land for expansion + option on adjoining 36 ac

OVERVIEW

Highly profitable & acclaimed 4* restaurant & 11 nightly rental cabin business on beautiful Norfork Lake. Conveniently located near dam, business enjoys very loyal following attracted to area’s world class fishing & water sports on White River and both the Norfork River & Norfork Lake. Restaurant includes rebuilt kitchen & seats 100 guests inside, 40 outdoor on picturesque patio. Undermarketed refurbished rental cabins provide a great opportunity to work, live & enjoy the area. Popular semiactive catering provides good frowth opportunity. New owner can manage, promote & grow business as all needed upgrades are completed. ZERO marketing effort on cabins other than website phone# .. another growth op. Includes adjoining 36 ac option to purchase and add RV park or additional cabins. Property is a hidden gem for an entrepreneur looking to capitalize on exceptional location, impressive amenities & significant untapped potential. The perfect blend of nature, luxury overnights, culinary excellence and ROI.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$173 USD /SF

CAP RATE

17.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Whispering Woods Grill & Cabins

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Residential

APN/PARCEL ID

001-01543-000

ASK ABOUT THIS PROPERTY

Stewart NanceCantrell-Griffin Business BrokersMore Info
870-688-7100

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Stewart NanceCantrell-Griffin Business BrokersMore Info
870-688-7100

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