$ 850,000
Address not disclosed El Dorado, AR 71730
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$ 850,000
Est. payment | /mo
3,240 SqFt
$ 850,000
Est. payment | /mo
3,240 SqFt
Key Details
Property Type Commercial
Sub Type Business, Bldg and Land
Listing Status Active
Purchase Type For Sale
Square Footage 3,240 sqft
Price per Sqft $262
Subdivision Union
MLS Listing ID 24034068
Style Traditional
Year Built 1970
Tax Year 2023
Lot Size 0.890 Acres
Acres 0.89
Property Description
The Long Branch Bar is located at 204 Strong Highway in El Dorado, Arkansas. The establishment has been at that location since 1993. In 1993 the local bar upgraded to a private club. Along with it being a private club comes with a much-envied license because it is on of the few remaining in the state that allows sale of liquor after 2AM. This type of license is no longer an option for new clubs, but the Long Branch Saloon is grandfathered in, and provides the clubgoer a place to go after the other establishments close. For this reason alone, this increases the value of the club well above the standard going rate. The owner has acquired an amusement license to be able to provide and promote entertainment. Tobacco permit allows tobacco to be sold. Live music and karaoke are regular activities as well as pool tournaments, and dart competitions. All permits are up to date and all laws are observed. The business is located just off Hillsboro Street on the east side of town where the city is expanding with much needed upgrades to the streets. The Long Branch is an important part of the community and has been in operation for more than 50 years and counting.
Location
State AR
County Union
Area East El Dorado
Interior
Heating Central Cool-Electric, Central Heat-Electric
Flooring Concrete
Exterior
Garage Spaces 60.0
Utilities Available Septic, Water-Public, Electric-Co-op, TV-Cable
Roof Type Metal
Building
Lot Description Level, Out of City
Foundation Slab
New Construction No
Listed by KO Realty Group • Kalie M Owens
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Westgate Realty
Broker | License ID: 2019046646