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$ 1,500,000
Est. payment | /mo
27,768 SqFt
$ 1,500,000
Est. payment | /mo
27,768 SqFt
Key Details
Property Type Commercial
Sub Type Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 27,768 sqft
Price per Sqft $54
MLS Listing ID 26007169
Year Built 1884
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type Building and Land
Property Description
The redevelopment of the Sowell Furniture building represents the most significant adaptive reuse opportunity in downtown Searcy. Positioned as a "Renovation Revolution," this project offers investors a chance to enhance the city's $93 million #MySearcy master plan which includes bike trails, community center and waterpark. This 28,000+ square foot historic landmark is located directly across from the oldest courthouse in Arkansas and within walking distance of Art Alley and the Rialto Theatre. Ground Floor (Dining & Culture): A 14,000 sq. ft. open-concept footprint ideal for a flagship restaurant designed for all ages, filling a critical gap in Searcy's downtown "Experience Economy." Upper Level (Entertainment & Nightlife): Another 14,000 sq. ft. dedicated space for live music, bands, and high-end arcade features, designed to capture the growing student and young professional demographic. Currently ranked as the #8 fastest-growing city in Arkansas, Searcy lacks a combined dining and activity venue of this scale, ensuring a "first-mover" advantage for the developer and includes ample parking. Let's get started on making this happen.
Location
State AR
County White
Area Searcy
Interior
Heating Central Cool-Electric, Central Heat-Gas
Flooring Wall-to-Wall Carpet, Wood, Vinyl, Tile, Concrete
Exterior
Parking Features 11 - 25 Spaces, Common, Off Site, Paved, Lot
Garage Spaces 20.0
Utilities Available Sewer-Public, Electric-Municipal, Gas-Natural
Building
Lot Description Level, Corner Lot, Curbing, Sidewalks
Foundation Crawl Space, Slab, Slab/Crawl Combination
New Construction No
Others
Virtual Tour https://pixies.et/52IL9lAY
Listed by Howell Realty Pros • Liz C Howell
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