For Sale
$1,800,000

2715 Kavanaugh BlvdLittle Rock, AR 72205

Historic Hillcrest restaurant & storefront, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a fully occupied, 6,353 square foot retail property situated on Kavanaugh Boulevard in Little Rock's desirable Hillcrest neighborhood. The property, a landmark building constructed in 1899 and extensively renovated in 2017, boasts two distinct units currently operating at 100% occupancy. Each unit features a completely remodeled kitchen, equipped with updated HVAC systems, new plumbing, and a new grease trap, ensuring efficient and modern operations. The single-story building sits on a 0.18-acre lot (APN: 33L-047.00-216.00) and offers convenient front-door parking, a significant advantage in this highly walkable area. This core investment property benefits from its prime location within a stable and thriving market, making it an attractive opportunity for discerning investors. The property's historical charm, combined with its modern upgrades and strong tenant occupancy, presents a rare chance to acquire a prominent retail center in a submarket known for its long-term stability and desirability. A comprehensive offering memorandum is available upon request following the execution of a confidentiality agreement. This is a unique chance to own a piece of Little Rock's rich history while capitalizing on a robust retail market. The property is classified as a Modified Lease, Multi-Tenancy with two units.

Highlights

  • Ample front-door parking caters to retail tenants in a highly walkable submarket.
  • Both tenant kitchens boast recent renovations including HVAC, grease trap, electrical, and plumbing upgrades.
  • Rare opportunity to acquire a high-profile property in a highly sought-after market.
  • Prominent retail center situated in the desirable Hillcrest submarket.

Property Details for 2715 Kavanaugh Blvd

Property type
Retail properties, Restaurants
Square Feet
6,353 SF
Year Built/Renovated
1899/2017
Buildings
1
Stories
1
Lot Size (sq. ft)
7,841 SF
Units
2

Location Insight

City
Little Rock
County
Pulaski
State
Arkansas
Latitude
34.757500389244
Longitude
-92.32384680255
2715 Kavanaugh Blvd, Little Rock, Arkansas

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2715 Kavanaugh Blvd
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