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82 Armstrong St 5,696 SF Retail Building Eureka Springs, AR 72632 $2,091,749 CAD ($367.23 CAD/SF) 10.40% Cap Rate
Investment Highlights
- Prime location of the property in Historical Eureka Springs with dedicated local customers! 2 rooms above the restaurant with AirBnB potential!
- Beckoning atmosphere!
- Excellent food and brand merchandising with an experienced engaging staff!
Executive Summary
Located in Historical Eureka Springs, this established two-story restaurant offers a rare opportunity to own an established business with a base of dedicated local customers. There are 2 rooms above the restaurant, offering AirBnB potential—perfect for generating additional income. Situated across from the Eureka Springs Historical Museum.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,696 SF
Building Class
B
Year Built
1900
Price
$2,091,749 CAD
Price Per SF
$367.23 CAD
Cap Rate
10.40%
NOI
$217,542 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.28
Lot Size
0.47 AC
Zoning
C - Commercial
Parking
50 Spaces (8.78 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Corner Lot
- Restaurant
- Security System
- Storage Space
- Air Conditioning
- Balcony
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $416,233 CAD | |
| Land Assessment | $32,907 CAD | Total Assessment | $449,140 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$32,907 CAD
Improvements Assessment
$416,233 CAD
Total Assessment
$449,140 CAD
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82 Armstrong St
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