Eureka Springs, AR 72632,135 Spring St

$1,000,000

Est. payment /mo

$1,000,000

Est.Price: ?

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135 Spring St Eureka Springs, AR 72632

10,704 SqFt

SOLD DATE : 05/14/2021

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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Listed by Montgomery Whiteley Realty - Eureka Springs
Bought with Lindsey & Associates Inc

Stephanie Funk

Advisor | License ID: SA00087400

+1(501) 993-5722

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