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About This Home
This 0-bedroom, 0-bathroom single family at 201 E Main Street in Heber Springs, AR is listed for $775,000 ($110 per sqft). Built in 1882, the home offers 7,054 sqft of living space on a 0.46 acres lot.
Mixed-use investment opportunity in the heart of Heber Springs. Originally built in 1882, this historic landmark blends timeless character with modern functionality, offering over 7,000 square feet of income-producing space. The property features 15 studio apartments, a fully operational restaurant leased on an annual basis, lounge and common areas, office space, and on-site coin-operated laundry facilities.
With residential occupancy at 100% and established commercial tenancy already in place, this asset provides immediate cash flow while offering future potential. Situated on Main Street within walking distance of shopping, dining, entertainment, and local attractions, the property is ideally positioned to benefit from the area's growing tourism and vibrant downtown atmosphere.
Continue operating as a mixed-use investment, expand hospitality, or explore the potential for a boutique hotel. A transferable liquor license is included, creating additional income opportunities. This property offers residential, hospitality, and commercial income in one of Arkansas's premier lake destinations. An exceptional opportunity for investors seeking both immediate returns and long-term value.
Key Features
- Built in 1882
- 0.46 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$4,145/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
201 E Main Street
Heber Springs, AR 72543
Features & Amenities
Interior Features
Property Details
Flooring
Questions & Answers
This 0-bedroom, 0-bathroom single family at 201 E Main Street is listed at $775,000 ($110/sqft). The estimated monthly payment is $3,358 based on 20% down at 6.5% interest.
Key features include: Built in 1882, 0.46 acre lot, 2 stories. Interior Features: Public Restrooms, Kitchen Area, Living Area.
This property is listed by Jessica Lockley and can be reached at 6622313684 or jessica@mckenzierealtygroup.com.




