50 Main Street, Eureka Springs, AR 72632
sale
$595,000
|
Retail
Courtesy Of All Seasons MW Realty
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.
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Property Features
- Age: Over 50 Years Old
- Cooling System: Window Unit(s)
- Exterior Type: Block
- Exterior Type: Brick
- Exterior Type: Concrete
- Floor Covering: Laminate
- Floors: 2
- Heating System: Electric (Heating)
- Heating System: Natural Gas
- Legal Description: MAIN ST WSD L-1
- MLSID: 1327219
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