$625,000
$630,000
0.8%For more information regarding the value of a property, please contact us for a free consultation.
120 W Van Buren Eureka Springs, AR 72632
9,891 SqFt
Key Details
Sold Price $625,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 9,891 sqft
Price per Sqft $63
MLS Listing ID 1248574
Sold Date 07/26/23
Construction Status 25 Years or older
HOA Y/N No
Year Built 1980
Lot Size 1.550 Acres
Acres 1.55
Property Description
Bankruptcy overbid opportunity. Location. Location. Location. Turnkey, well-established 24-unit hotel which sits off the main highway, mere seconds by car from downtown Eureka Springs. This property has it all, a long-established history, ample parking, pool, 2 spa suites, a generous assortment rooms with both 1 and 2 beds, keyless entry to all rooms, and a staircase which leads towards Main Street and thence to downtown Eureka Springs. There is an undeveloped, approximately 1/4-acre flat area on property which could potentially accommodate additional units, RV space rental, or be built to fit your own vision. Perfect for an owner-operator or as an addition to your existing leisure property portfolio.
Location
State AR
County Carroll
Zoning N
Direction Van Buren Street, just NW of Main Street.
Interior
Flooring Carpet, Ceramic Tile
Exterior
Road Frontage Main Thoroughfare
Building
Lot Description Central Business District, City Lot
Foundation Other, See Remarks
New Construction No
Construction Status 25 Years or older
Others
Security Features Smoke Detector(s)
Special Listing Condition Third Party Approval
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