Remarks

Located in the heart of historic Downtown El Dorado, this versatile 8,960 sq. ft. building is a prime investment opportunity. The property features two distinct businesses: 1. La Piazza: This vibrant restaurant occupies the lower level and is leased through March 15, 2026, with a monthly rent of $2,033 for 9 months (tenant is responsible for utilities). Note: Restaurant equipment is not included in the sales price. La Piazza operates seasonally, closing June through August. 2. The Randolph Events Venue: Positioned on the upper level, this space is available for daily rentals at $500. Ideal for a range of events, it is a profitable addition to this dynamic property. Each unit includes 2 restrooms, enhancing convenience for both tenants and guests. Don’t miss this unique opportunity to own a prime piece of historic downtown real estate with stable rental income and event hosting potential.

Details

MLS#: 24028109
Price: $395,000

Style: Built To Suit
Sq Ft: 8960
Year Built: 1925

County: Union
Subdivision: City of El Dorado
Lot Size: .12
Tax Fee: 2867.09