$970,000
$850,000
14.1%For more information regarding the value of a property, please contact us for a free consultation.
37 N Main Eureka Springs, AR 72632
18,572 SqFt
Key Details
Sold Price $970,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 18,572 sqft
Price per Sqft $52
MLS Listing ID 1187834
Sold Date 12/02/21
Construction Status 25 Years or older
HOA Y/N No
Year Built 1883
Annual Tax Amount $9,200
Property Sub-Type Hotel/Motel
Property Description
GRAND CENTRAL HOTEL with 15 elegant suites(2 are 2 bedrooms suites) a gourmet restaurant with seating for 125 people and a tavern. The Hotel and restaurant have had many upgrades and renovations done in the last 3 years to bring up to code. The lower level has been gutted and the seller was getting it ready to turn into a lounge. Will provide receipts for renovations upon request. All business inventory to be part of sale. Buyers agent to verify inventory before closing, or at time of offer.
Detached carpets do not convey. Large TV with speakers do not convey. Additional parking may be purchased separately. 3 parking spaces next to building are leased from the city. Property is being sold "As Is" at this price with no repairs do to Seller. Buyers are recommended to get a inspection done.
Location
State AR
County Carroll
Area Arkansas Regional Mls, Llc
Zoning N
Direction From Rogers, east on Hwy 62 to Eureka Springs, left on hwy 23/Main st. Property on right about 1/2 mile.
Rooms
Basement Unfinished
Interior
Interior Features See Remarks
Heating Central, Electric, ENERGY STAR Qualified Equipment
Cooling Central Air, ENERGY STAR Qualified Equipment
Flooring Carpet, Concrete, Ceramic Tile, Laminate, Simulated Wood, Wood
Appliance Gas Water Heater
Exterior
Community Features Trails/Paths
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Roof Type Built-Up
Present Use Hotel/Motel
Road Frontage Main Thoroughfare
Building
Lot Description Central Business District, Corner Lot, City Lot
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick,Rock
New Construction No
Construction Status 25 Years or older
Others
Security Features Security System,Fire Alarm,Fire Sprinkler System,Smoke Detector(s)
Acceptable Financing ARM, Conventional, FHA
Listing Terms ARM, Conventional, FHA
Special Listing Condition None
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Bought with Crye-Leike REALTORS Rogers