8
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$775,000
Est. payment /mo
7,054 SqFt
New
201 E Main Street Heber Springs, AR 72543
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 7,054 sqft
Price per Sqft $109
MLS Listing ID 26022573
Style Traditional
Year Built 1882
Lot Size 0.460 Acres
Acres 0.46
Property Sub-Type Mixed Use
Property Description
Mixed-use investment opportunity in the heart of Heber Springs. Originally built in 1882, this historic landmark blends timeless character with modern functionality, offering over 7,000 square feet of income-producing space. The property features 15 studio apartments, a fully operational restaurant leased on an annual basis, lounge and common areas, office space, and on-site coin-operated laundry facilities. With residential occupancy at 100% and established commercial tenancy already in place, this asset provides immediate cash flow while offering future potential. Situated on Main Street within walking distance of shopping, dining, entertainment, and local attractions, the property is ideally positioned to benefit from the area's growing tourism and vibrant downtown atmosphere. Continue operating as a mixed-use investment, expand hospitality, or explore the potential for a boutique hotel. A transferable liquor license is included, creating additional income opportunities. This property offers residential, hospitality, and commercial income in one of Arkansas's premier lake destinations. An exceptional opportunity for investors seeking both immediate returns and long-term value.
Location
State AR
County Cleburne
Area Heber Springs
Interior
Interior Features Public Restrooms, Kitchen Area, Living Area, In-Unit Bathroom, Stairs
Heating Central Cool-Electric, Window Units, Central Heat-Unspecified, Mini Split
Flooring Wood
Exterior
Garage Spaces 15.0
Utilities Available Sewer-Public, Water-Public, Electric-Municipal, Gas-Propane/Butane
Roof Type Metal
Building
Lot Description Level, Corner Lot, City Lot
New Construction No
Listed by McKenzie Realty Group • Jessica L Lockley
NEARBY SCHOOL & BUSINESS
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