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20674 S Highway 59 4,580 SF Retail Building Evansville, AR 72729 $299,900 ($65.48/SF)



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
| Parcel Numbers | Improvements Assessment | $57,700 | |
| Land Assessment | $5,190 | Total Assessment | $62,890 |
Property Taxes
Parcel Numbers
Land Assessment
$5,190
Improvements Assessment
$57,700
Total Assessment
$62,890
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20674 S Highway 59
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