AR > Heber Springs
Heber Springs, AR 72543,201 E Main
Heber Springs, AR 72543,201 E Main
Heber Springs, AR 72543,201 E Main
Heber Springs, AR 72543,201 E Main
Heber Springs, AR 72543,201 E Main
Heber Springs, AR 72543,201 E Main
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Client Care

Client Care

+1(479) 968-6260
$ 840,000
Est. payment | /mo

5,386 SqFt

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$ 840,000
Est. payment | /mo
Save Virtual Tour

5,386 SqFt

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 5,386 sqft

Price per Sqft $155

MLS Listing ID 1307658

Construction Status 25 Years or older

HOA Y/N No

Year Built 1882

Property Sub-Type Hotel/Motel

Property Description

Welcome to The Cartwright Inn! This is a prime 15-unit residential studio apartment complex and commercial space. A local award-winning Mexican restaurant occupies the commercial space, providing steady rental income. The property holds its own liquor license, generating an additional $84,000 in alcohol sales revenue in 2024. With the inclusion of alcohol sales, there is an opportunity to significantly boost overall income. All 15 units, commercial space and lounge completely renovated in 2023. All units have been outfitted with Schlage locks (controlled by app). All units are 1 bed 1 bath. There are 7 upstairs smaller units, 8 exterior first floor units, a large lounge area. Amenities include on-site laundry, parking, rooms are furnished and upstairs units have a shared kitchenette. Part of the Heber Springs Commercial Historic District, this area encompasses the early commercial heart of Heber Springs, featuring a diversity of commercial architecture from the late 19th and early 20th centuries.

Location

State AR

County Cleburne

Direction The Cartwright Inn is located in the heart of Downtown Heber Springs, AR at 201 E Main St. Directly across street from Spring Park and three blocks East of County Court House.

Exterior

Present Use Hotel/Motel

Road Frontage Main Thoroughfare

Building

Lot Description Central Business District, City Lot

New Construction No

Construction Status 25 Years or older

Others

Special Listing Condition None

Virtual Tour https://tour.nwarealtors.org/201-E-Main-Heber-Springs-AR-72543/unbranded

Listed by Keller Williams Market Pro Realty Branch Office
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+1(479) 968-6260

clientcare@rivervalleyrealty.com

800 E Main St, Russellville, AR, 72801, United States

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