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    Downtown Eureka Springs Restaurant Space Title is generated by Realmo AI

    35 N Main Street, Eureka Springs, AR 72632

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    For Lease
    $2.00 SF/Yr $556/Mo (calc)

    COMMERCIAL - Eureka Springs, AR

    Property size:
    3,337 SF
    Added:
    Jan 22, 2026
    Days on Market:
    131
    Last Refresh:
    Jun 2 at 8:06 pm

    Property Features for 35 N Main Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Parking features
    Parking Lot
    Standard status
    Active
    Size
    3,337 SF

    Taxes and HOA fees

    Expense value
    12000
    Expense
    SecurityDeposit
    Expense freq.
    One Time

    Building Details

    Year built
    1890
    Floors in Building
    1

    We can help!

    Listing Contact
    Joseph Rocko

    Listing agent Joseph Rocko License #SA00089180

    Listing office Standard Real Estate 700 W Emma Ave., Springdale, AR

    Listing date Jan 22, 2026

    MLS# 1333951

    Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime downtown Eureka Springs location in the heart of the historic district.
    • Completely renovated in 2024, providing a turnkey foundation.
    • New 2024 commercial kitchen equipment included (stove, griddle, fryers, prep tables, refrigerators, freezers).
    • Designed for 100+ seats with one of the newest and largest commercial kitchens downtown.
    • Located next to multiple parking lots for easy guest and staff access.
    • Suitable for various restaurant concepts: fine dining, breakfast/brunch, late‑night eats, bar/lounge, or event/private dining.

    Overview

    This commercial space, suitable for restaurants, conventional restaurants, and bars & pubs, is available for rent in downtown Eureka Springs, AR. The property offers 3,337 square feet of space. The space has been completely gutted to the studs and fully renovated in 2024, providing a turnkey foundation. It is located in the heart of historic downtown, next to multiple parking lots. The layout is designed for over 100 seats and includes one of the newest and largest commercial kitchens downtown. Brand-new 2024 kitchen equipment conveys, including a stove, griddle, fryers, prep tables, refrigerators, and freezers. The tenant is responsible for providing tables, chairs, an ice machine, a dishwasher, and a POS system. The lease is $6,000 per month on a Triple Net (NNN) basis, with no HOA fees. The tenant also pays $75 per month for Internet. This space is ideal for fine dining, breakfast/brunch, late-night eats, a bar/lounge, or event/private dining. It is available now in a top Arkansas tourist destination.
    Property Profile Location Intelligence

    Current Use by Public Records

    Eureka Live Bar & Pub Glory B's (Bike/Boat/Book/etc) Store Pecker's Chicken Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Auto Repair Shop Gym & Fitness Center Pharmacy Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Eureka Springs
    County
    Carroll
    State
    Arkansas
    Longitude
    -93.736157
    Latitude
    36.402276

    Nearby Similar for Lease

    • $12 SF/Yr
      1,250 SF

      COMMERCIAL - Eureka Springs, AR

      3022 E Van Buren Street, Eureka Springs, AR 72632
      View Details
    • $16 SF/Yr
      1,800 SF

      Retail Space in Entertainment District

      Retail space for lease in high-visibility Eureka Springs location.
      2075 E Van Buren, Eureka Springs, AR
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime, fully renovated restaurant space in historic downtown Eureka Springs.
    Where is this restaurant located?
    The property is located at 35 N Main Street Eureka Springs, AR.
    What is the lease rate?
    The lease rate is $2.00 SF/Yr.
    What are key features of this property?
    This property features: Prime downtown Eureka Springs location in the heart of the historic district.; Completely renovated in 2024, providing a turnkey foundation.; New 2024 commercial kitchen equipment included (stove, griddle, fryers, prep tables, refrigerators, freezers).
    (479) 231-6759
    We can help!
    Listing Contact
    Joseph Rocko
    Real Estate License ID: SA00089180
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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