$ 475,000
104 E Cedar Street El Dorado, AR 71730
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$ 475,000
Est. payment | /mo
8,960 SqFt
$ 475,000
Est. payment | /mo
8,960 SqFt
Key Details
Property Type Commercial
Sub Type Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 8,960 sqft
Price per Sqft $53
Subdivision City Of El Dorado
MLS Listing ID 24028109
Style Built to Suit
Year Built 1925
Tax Year 2023
Lot Size 5,227 Sqft
Acres 0.12
Property Description
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.
Location
State AR
County Union
Area El Dorado
Interior
Heating Central Cool-Electric, Central Heat-Gas
Flooring Vinyl
Exterior
Utilities Available Sewer-Public, Water-Public, Electric-Municipal, Gas-Natural
Roof Type Flat
Building
Lot Description Level
Foundation Crawl Space
New Construction No
Listed by Jan's Realty • Netasha L Williamson
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Westgate Realty
Broker | License ID: 2019046646