7450 Highway 187
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7450 Highway 187
8,000 SF Vacant Retail Building Eureka Springs, AR 72631 $850,482 CAD ($106 CAD/SF)
Investment Highlights
- Turnkey Restaurant and Beer Saloon
- Minimum Income Potential: About $13,500/mo
- Restaurant/Beer Saloon Only Open Friday-Sunday
- 3 Rentable Residential Units
- Restaurants Average Sales Between $600 to $1,800/day
- Fronts Highway 187, Providing High Visibility
Executive Summary
Your golden opportunity to own your own business and cash producing property! Turnkey restaurant/beer saloon & 3 rentable residential units on +/- 2 acres! Restaurant/beer saloon spans +/- 2,753SF and fronts HWY 187, providing high visibility from the freeway. It has enough seating for about 150-200 people inside and another 25-30 people outside. Clean & nicely maintained establishment with recently improved kitchen, big walk in cooler, & office. Sales range between $600 to $1,800/day. Currently, the Restaurant/Beer Saloon is only open Friday-Sunday. Residential units include a 4bd/2ba trailer in B+ Condition renting at $300/night on weekdays or $400/night on weekends on Airbnb, a 4bd/2ba trailer in B+ Condition that rents at $250/night on weekdays or $300 on weekends on Airbnb, and a 3bd/2ba trailer that rents at $650/mo. Units are currently only rented out approx. 100 days out of the year. Potential income could be +/- $13,500/mo. Just 2min to White River & Beaver Lake and 9mi West of Eureka Springs.
Also associated with:
7462 Hwy 187 - $695,000 Or Both 7450 & 7462 Hwy 187 - $1,295,000
Also associated with:
7462 Hwy 187 - $695,000 Or Both 7450 & 7462 Hwy 187 - $1,295,000
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,000 SF
Building Class
C
Year Built
1980
Price
$850,482 CAD
Price Per SF
$106 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
2.00 AC
Zoning
Commercial
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $249,636 CAD | |
| Land Assessment | $30,660 CAD | Total Assessment | $280,296 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$30,660 CAD
Improvements Assessment
$249,636 CAD
Total Assessment
$280,296 CAD
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7450 Highway 187
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