65 Spring St 3,096 SF 50% Leased Retail Building Eureka Springs, AR 72632 $745,000 ($240.63/SF)

You’ll only be limited by your imagination with this 3,096 sq. ft. Spring Street building featuring three separate tenants. The 1,548 sq. ft. street-level space is leased by two retail shops situated between the beautiful New Orleans Hotel and a popular outdoor dining establishment. Each space has newly painted fronts and large display windows. The 1,548 sq. ft. lower level is currently used as a pottery studio. The space has beautiful brick fan-patterned floors and exposed brick and plaster walls, creating a unique space for an upscale retail shop or bar. There are two separate entrances to the lower level and an off-street parking area for four to five cars in the back. All three spaces have private restrooms and storage areas. The original building had an additional floor and a mansard roof that burned in one of Eureka’s devastating fires. You could add an additional floor above or build out the back since part of the lot is vacant. Live in the lower space and have a shop on street level. If you prefer generating income you could convert the lower level to two nightly tourist lodging units with private entrances and reserved parking. You can’t beat the pedestrian flow and visibility you’ll get on iconic Pendergrass Corner.