Discover the historic Wonder City Cafeteria, a community staple since 1937. Located in the Broadway Building at Missouri St. and Broadway since 1940, this 8000 sq. ft. venue blends historic charm with modern upgrades. Purchased by Cane Holding in 2021, the building has been revitalized for weddings, anniversaries, and events. Key features include multiple rooms, 4 baths, a full kitchen, and preserved architectural details. Recent updates: new HVAC (2021), painting, interior upgrades, a built stage, and updated parking. The space offers versatility for events, offices, retail, or dining. Known for its legendary fried chicken, homemade pies, and BBQ, itâ??s a cherished spot for family gatherings. Prime location in a growing area ensures high ROI potential. 50% occupied and income-producing, this property is surrounded by local attractions and ongoing developments, making it an exceptional investment opportunity.
Lease for two units. One unit is a standard size unit that will lease for $700/month. The unit was previously at boutique. The second unit is 3x the size of the standard size unit and is on the corner, it will lease for $2,100.00. The unit was previously a a laundry mat.
Approximately 3,300 sf of potential in a prime location, less that 10 minutes from I 40 & I 55. Sold As Is
West Memphis is located in Arkansas. West Memphis, Arkansas has a population of 24,666. West Memphis is less family-centric than the surrounding county with 16.61% of the households containing married families with children. The county average for households married with children is 24.52%.
The median household income in West Memphis, Arkansas is $35,099. The median household income for the surrounding county is $46,452 compared to the national median of $69,021. The median age of people living in West Memphis is 33.1 years.
The average high temperature in July is 90.3 degrees, with an average low temperature in January of 29.8 degrees. The average rainfall is approximately 53 inches per year, with 3.2 inches of snow per year.