207 W Arch Avenue, Searcy, AR 72143
sale
$1,500,000
|
Other
Courtesy Of GrayWalt Realty Group
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.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Electric
- Cooling System: Central Air
- Floor Covering: Vinyl
- Floor Covering: Wood
- Floor Covering: Carpet - Full
- Floor Covering: Tile
- Floor Covering: Carpet
- Floor Covering: Concrete
- Floors: 2
- Heating System: Central
- Heating System: Natural Gas
- MLSID: 26007169
- Parking Spaces: 20
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