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$ 749,900
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201 E Main Street Heber Springs, AR 72543
7,054 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Apartments
Listing Status Active
Purchase Type For Sale
Square Footage 7,054 sqft
Price per Sqft $106
Subdivision Heber Springs Original
MLS Listing ID 25029309
Style Traditional
Year Built 1882
Annual Tax Amount $4,417
Lot Size 0.460 Acres
Acres 0.46
Property Sub-Type Apartments
Property Description
Welcome to The Cartwright. A former inn built in 1882 that was completely renovated in 2023. The Building has 15 studio apartments, a working restaurant, a lounge and an office that could be rented to generate extra revenue. The apartments are furnished and the upstairs units share a kitchenette. There is onsite coin op laundry that adds to the revenue totals. This property could be easily be turned back into a hotel and operated as such. The Building also comes with a transferrable liquor license. Located in a dry county this makes the license unmeasurably valuable.
Location
State AR
County Cleburne
Area Heber Springs
Zoning C-1
Rooms
Kitchen Other (see remarks)
Interior
Heating Other (see remarks)
Flooring Wood
Equipment Other (see remarks)
Exterior
Parking Features None
Utilities Available Sewer-Public, Water-Public, Electric-Co-op, Gas-Natural
Roof Type Metal
Building
Lot Description Level
Foundation Other (see remarks)
New Construction No
Listed by Arkansas Vacation Rental Property Mgmt • Jeff Lutz