Share This Listing

Message

960 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Rare Commercial Opportunity
  • A well-known landmark
  • The Only Restaurant Building in Town

Executive Summary

Rare Commercial Opportunity – The Only Restaurant Building in Town! Formerly known as K'T's, this iconic property offers a unique opportunity to own a well-known landmark with a reputation that extends far beyond the local community. Once a thriving restaurant that attracted locals, truckers, bikers, and travelers alike, the property is not currently in operation but remains fully equipped and ready for its next chapter. Featuring 4,580 sq ft (per CH), this versatile commercial building is currently utilized as an event center and comes complete with tables, chairs, and a fully stocked commercial kitchen. The possibilities are endless—reopen the restaurant, add a convenience store or fuel station, continue event venue operations, create a wedding venue, or explore conversion to a residence. Situated on highly visible Highway 59 frontage just 7 miles from Stilwell, the property offers excellent exposure and accessibility. Additional features include a durable block building, 4 bathrooms (including 2 handicap-accessible restrooms), 3 heat pumps, all-electric utilities, rural water, fiber internet, and ample space to bring your vision to life. Commercial properties with this history, location, and flexibility are hard to find. Whether you're an entrepreneur, investor, or someone looking for a unique property with unlimited potential, this is an opportunity worth exploring.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,580 SF
Building Class
B
Year Built
1986
Price
$299,900
Price Per SF
$65.48
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.02 AC
Zoning
AA1
Frontage
108’ on State Highway 59

Amenities

  • Restaurant
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 001-02127-000
  • 001-02126-000
Land Assessment
$5,190
Improvements Assessment
$57,700
Total Assessment
$62,890
  • Listing ID: 40771337

  • Date on Market: 6/3/2026

  • Last Updated:

  • Address: 20674 S Highway 59, Evansville, AR 72729

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}