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$ 1,200,000
Est. payment /mo
Active
2094 E Van Buren Eureka Springs, AR 72632
19,340 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 19,340 sqft
Price per Sqft $62
MLS Listing ID 1349660
HOA Y/N No
Year Built 1980
Annual Tax Amount $10,274
Lot Size 2.070 Acres
Acres 2.07
Property Sub-Type Hotel/Motel
Property Description
Iconic Candlewick Inn & Suites located at the heart of "Hospitality Row" in popular Ozark tourist destination Historic Eureka Springs, AR. Finish what the owner started on the path to profitability by continuing remodel of this 46-Key gem with separate managers building & heated salt water pool.
Main Bldg. - 32 keys in 2-level building. 25 rooms currently guest-ready. 7 rooms offline pending repairs in progress.
Second Bldg. - 3 levels including 14 keys featuring a 2-room Penthouse Suite. Rooms currently offline due to work in progress to complete repairs related to pipe freeze water damage. Insurance settlement pending.
Manager's Bldg. - 2-level free standing with registration lobby & large Suite on 2nd level featuring 2 bedrooms, full bath & kitchen.
Recent Remodeling - 16 King & Queen Rooms completely remodeled in both buildings. Work incl. drywall, electrical, plumbing, flooring, paint and furnishings. A Penthouse Suite added comprised of 2-rooms and features kitchenette, washer-dryer and upgraded FF&E.
Main Bldg. - 32 keys in 2-level building. 25 rooms currently guest-ready. 7 rooms offline pending repairs in progress.
Second Bldg. - 3 levels including 14 keys featuring a 2-room Penthouse Suite. Rooms currently offline due to work in progress to complete repairs related to pipe freeze water damage. Insurance settlement pending.
Manager's Bldg. - 2-level free standing with registration lobby & large Suite on 2nd level featuring 2 bedrooms, full bath & kitchen.
Recent Remodeling - 16 King & Queen Rooms completely remodeled in both buildings. Work incl. drywall, electrical, plumbing, flooring, paint and furnishings. A Penthouse Suite added comprised of 2-rooms and features kitchenette, washer-dryer and upgraded FF&E.
Location
State AR
County Carroll
Direction From intersection of Hwy 62 and Hwy 23 at Downtown Eureka Springs, travel west on Hwy 62 (E Van Buren) 1.5 miles. Property on right across from Pine Mountain development.
Exterior
Roof Type Metal
Road Frontage Main Thoroughfare
Building
Lot Description City Lot
New Construction No
Others
Special Listing Condition None
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Listed by Andora Real Estate