$1,000,000
$1,000,000
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135 Spring St Eureka Springs, AR 72632
10,704 SqFt
Key Details
Sold Price $1,000,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 10,704 sqft
Price per Sqft $93
MLS Listing ID 1139125
Sold Date 05/14/21
HOA Y/N No
Year Built 1901
Annual Tax Amount $7,870
Property Description
Don't miss the opportunity to own a widely known, one of a kind historic architectural icon in Eureka Springs, famous not only for the rich detailing of hand hewn split face limestone and grand arched entrance, but also the jumbo scaled neon sign. Step off the street to the magnificent, historic lobby. The hotel features eight luxuriously elegant, yet sumptuously comfortable and very spacious King Jacuzzi suites, four on ground level, and four on upper level. Downstairs from lobby on the lower level is the iconic Bath House Spa, which preserves the classic elegance and ambiance of the original Bath House. Guests also enjoy the gazebo and patio garden for weddings and special events. Terrific opportunities for capitalizing on package bookings. Roof and nearly all windows replaced in recent years. Begin earning income immediately! Financials subject to Seller Approved Proof of Funds letter. Proposals subject to Seller's Attorney approval (Seller's Option).
Location
State AR
County Carroll
Area Arkansas Regional Mls, Llc
Zoning N
Direction The Palace Hotel and Bath House, a well known landmark in Eureka Springs, is located in the Historic District. Take Hwy. 62 to Hwy. 23 North (Main Street) to left on Spring Street. Property is just past the Post Office.
Rooms
Basement Unfinished
Exterior
Present Use Hotel/Motel
Road Frontage Main Thoroughfare
Building
Lot Description Central Business District, City Lot
Others
Special Listing Condition None
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Bought with Lindsey & Associates Inc