87 Spring St 3,400 SF 100% Leased Retail Building Eureka Springs, AR 72632 $946,866 CAD ($278.49 CAD/SF) 5.80% Cap Rate

Prime downtown mixed-use opportunity located in the heart of the Eureka Springs Historic District. Positioned on iconic Spring Street, this two-story historic building offers a rare combination of high-visibility retail space and an established short-term rental in one of the most desirable areas in the city.
The street-level retail storefront is surrounded by boutiques, restaurants, galleries, and steady tourist traffic throughout the year. This location sits in the center of downtown activity and is walkable to shops, events, parades, and local attractions, making it an ideal setting for a retail shop, gallery, studio, or service-based business.
The upper level features a fully furnished apartment currently operating as a successful short-term rental, with room to expand earnings as such. The space is well-suited for continued rental use, a private residence, or a live/work setup for an owner-operator.
This property offers flexible use options for a variety of buyers, including those seeking an income-producing investment, a business location with residential space, or a lifestyle property in a vibrant tourist destination.
The current owner has expressed a willingness to lease the retail space, providing potential immediate income for a new owner. Lease terms would be negotiated during the contract period.
Additional highlights include strong visibility, walkable access to downtown amenities, established rental history, and the rare benefit of off-street parking in the historic district.
Opportunities like this are limited in downtown Eureka Springs, especially those that combine location, flexibility, and income potential in one property.