NOT LISTED FOR SALE

53 N Main St Eureka Springs, AR 72632

-- Beds
-- Baths
3,450 Sq Ft
0.42 Acre Lot

Sale Details

Date Sold: February 14, 2025

Last sale price $500,000 $145 Per Sq Ft

91 Days on Market

Highlights

  • Wood Flooring
  • Views
  • Shops
  • Eureka Springs Elementary School Rated A-
  • Home Security System
  • 2-minute walk to Basin Spring Park

About This Home

As of February 2025

Check out this fantastic commercial building on N Main in downtown Eureka Springs! Perfect for investors
or business owners, it features an upstairs two-bedroom apartment suitable for both short and long-term
rentals. On the street level, there are two retail spaces, one generating around $1350/month
in rent. Restaurant equipment is provided for the additional retail space, perfect for a coffee or sandwich
shop. Potential income $1600+ mo. Plus, a partially finished basement has a full bathroom and ample floor space. Both living quarters can be turned into nightly rentals to generate income of $6,000mo. This listing includes a 7-spot paid parking lot and greenhouse. It has appraised for over $700,000. Don't miss out on this prime investment opportunity! — Schedule your showing today! This is also listed as MLS # 1290758 & 1288734

Last Agent to Sell the Property

Aspen Vaught

Keller Williams Market Pro Realty Brokerage Phone: 870-208-7809 License #SA00086661 Listed on: 11/07/2024

Keller Williams Market Pro Realty

Last Buyer's Agent

Aspen Vaught

Keller Williams Market Pro Realty Brokerage Phone: 870-208-7809 License #SA00086661 Listed on: 11/07/2024

Keller Williams Market Pro Realty
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,226

Year Built

  • Built in 1945

Lot Details

  • 18,295 Sq Ft Lot
  • Property fronts a highway
  • Partially Fenced Property
  • Level Lot
  • Cleared Lot

Parking

  • Parking Lot

Home Design

  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 3,450 Sq Ft Home
  • 3-Story Property
  • Home Security System
  • Property Views

Flooring

  • Wood
  • Laminate
  • Concrete

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • City Lot

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block PT Lots 1&2 / 208 & 207

Community Details

Overview

  • 4 Units
  • Riley & Armstrong Subdivision

Recreation

  • Trails

Additional Features

  • Shops
  • Gross Income $20,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,226

Year Built

Built in 1945

Lot Details

0.42 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.42
  • Road Frontage Type: Highway, Public Road
  • Road Surface Type: Paved
  • Subdivision Name: RILEY & ARMSTRONG
  • Directions: Located on the corner of N Nain and Flint St. next to the Grand Central Hotel
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1945
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Attribution Contact: 870-208-7809
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Flooring: Concrete, Laminate, Wood
  • Interior Amenities: None
  • Living Area: 3450.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Partial
  • Lot Features: Cleared, City Lot, Level, Views
  • View: Yes
  • Construction Type: Frame
  • Foundation Details: Slab
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Parking Lot, Asphalt

Utilities

  • Security: Security System
  • Cooling: Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Shopping, Trails/Paths

Lot Info

  • Additional Parcels Description: 925-01584-002
  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 20000.0

Tax Info

  • Tax Annual Amount: 4226.0
  • Tax Block: 208 & 207
  • Tax Lot: PT Lots 1&2

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/14/2025 02/14/25 Sold $500,000 -16.7% $145 / Sq Ft
02/06/2025 02/06/25 Pending -- -- --
01/30/2025 01/30/25 Price Changed $600,000 0.0% $174 / Sq Ft
01/30/2025 01/30/25 For Sale $600,000 +20.0% $174 / Sq Ft
11/13/2024 11/13/24 Pending -- -- --
11/08/2024 11/08/24 Price Changed $500,000 -28.6% $145 / Sq Ft
11/07/2024 11/07/24 For Sale $700,000 -- $203 / Sq Ft
Source: ArkansasOne MLS

Agents Affiliated with this Home

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Map

Source: ArkansasOne MLS

MLS Number: 1291298

ArkansasOne MLS
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