50 Main St, Eureka Springs, AR 72632
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50 Main St, Eureka Springs, AR 72632
50 Main St, Eureka Springs, AR 72632
50 Main St, Eureka Springs, AR 72632
50 Main St, Eureka Springs, AR 72632
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Mary Hannah Waldrum

Mary Hannah Waldrum

+1(501) 772-5701
$ 625,000
Est. payment /mo
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Price Dropped by $25K

50 Main St Eureka Springs, AR 72632

2,500 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $250

MLS Listing ID 1327219

Construction Status 25 Years or older

HOA Y/N No

Year Built 1910

Annual Tax Amount $2,514

Lot Size 2,008 Sqft

Acres 0.0461

Property Sub-Type Retail

Property Description

Multiple income streams provide the buyer with the opportunity for immediate cash flow from this commercially zoned property! Includes THREE non-restricted short-term rentals, parking, and a 1,200 SFT street-level retail space featuring an ornate double door entry, with no steps and easy accessibility for shoppers. Retail space includes restroom and central HVAC. This area of downtown is developing rapidly with the new Boodega storefront and coffee shop opening across the street and a new multi-unit cabin complex under construction next door. The property includes three 400+- sq. ft. one-bedroom nightly rentals, each with kitchenettes and balconies. This charming circa-1910 building sits next to Tibbs Alley, a picturesque city stairway leading directly to Spring St. Financials available to qualified buyers. Short-term rentals are professionally managed by a company willing to continue services for a seamless transition. State and Federal tax programs may offer up to a 45% tax credit on approved renovations.

Location

State AR

County Carroll

Direction Located on Main Street / Hwy 23 North, directly across the street from the Grand Central Hotel

Rooms

Basement None

Interior

Interior Features None

Heating Electric, Gas, Window Unit, Wall Furnace

Cooling Window Unit(s)

Flooring Laminate

Exterior

Community Features Trails/Paths

Utilities Available Natural Gas Available

Building

Lot Description Central Business District, City Lot, Interior Lot

Foundation Block

Structure Type Brick,Block,Concrete

New Construction No

Construction Status 25 Years or older

Others

Special Listing Condition None

Virtual Tour https://tour.nwarealtors.org/50-Main-Street-Eureka-Springs-AR-72632/unbranded

Listed by All Seasons MW Realty

NEARBY SCHOOLS & PROPERTIES

Mary Hannah Waldrum

Mary Hannah Waldrum

Broker Associate | License ID: AB00091669

+1(501) 772-5701

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50 Main St