Remarks

Rare opportunity to own part of historic downtown Siloam Springs! A part of the downtown culture of Siloam Springs, The Cafe on Broadway is the hip, chic, and trendy hangout. Fantastic foot traffic at this location. Purchase the property and keep the Cafe running, or restructure the property to have 3 spaces for professional or retail lease opportunities and 2 residential lofts on the second floor with entry on the side of the building on University St. Residential apartments currently lease for $650/unit, but there is opportunity with some updating to raise rents to other downtown loft rents of $1000-$1300/month. The Cafe business, restaurant equip, and trade fixtures available for purchase should the buyer choose to continue operating the Cafe. Contact an agent to view this property. Should you stop in to be patron of the business, please do not inquire about the sale of the property with the staff. **Square footage for Retail Space available is referring to the residential apartments on the 2nd floor.

Details

MLS#: 1311652
Price: $425,000

Style: Restaurant
Sq Ft: 2432
Year Built: 1940

County: Benton
Tax Fee: 1788