For Sale
$500,000

201 1St AveCrossett, AR 71635

Vacant KFC, prime location, high potential.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a vacant 2,614 square foot former Kentucky Fried Chicken restaurant situated on a 0.65-acre lot at 201 E 1st Ave, Crossett, AR 71635. Built in 1990, this single-story building offers a ready-made space for a quick-service restaurant or other suitable business. The property is located in Crossett, Arkansas, the largest city in Ashley County, boasting a population exceeding 10,752 residents. The area benefits from the presence of major employers like Georgia-Pacific Corporation and Georgia Pacific Resins Corporation, employing over 660 people. Crossett's low cost of living makes it an attractive location, further enhanced by a pleasant climate. Educational institutions such as UAM College of Technology-Crossett and the University of Arkansas are nearby, along with Ashley County Medical Center. Recreational opportunities abound with the Felsenthal National Wildlife Refuge, a mere 8-mile drive, offering 76,000 acres of natural beauty. Several apartment complexes, including Oakhurst, Village Creek, and Turtle Creek Apartments, are also conveniently located nearby, providing a substantial residential base. The asking price is $500,000, translating to $191.28 per square foot. This fee-simple ownership opportunity is ideal for an owner-user investor seeking to establish or relocate their business in a thriving community. The property's previous use as a Kentucky Fried Chicken restaurant, a globally recognized brand, speaks to its established viability and potential for future success.

Highlights

  • Owner-user investment opportunity: Established Kentucky Fried Chicken (KFC) in Crossett, AR (pop. 10,752).
  • Crossett offers a very low cost of living.
  • Proximity to UAM College of Technology-Crossett and the University of Arkansas.
  • Convenient location near Ashley County Medical Center.
  • Eight-mile drive to Felsenthal National Wildlife Refuge (76,000 acres).
  • KFC is the world's second-largest restaurant chain (by sales).

Property Details for 201 1St Ave

Property type
Retail properties
Square Feet
2,614 SF
Year Built
1990
Buildings
1
Stories
1
Lot Size (sq. ft)
28,314 SF
Units
1

Location Insight

City
Crossett
County
Ashley
State
Arkansas
Latitude
33.1350611
Longitude
-91.9597878
201 1St Ave, Crossett, Arkansas

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201 1St Ave
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