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Downtown Restaurant with Patio
For Sale
$495,000

71 Spring, Eureka Springs, AR 72632

CommercialSale, Eureka Springs, AR

Property Size995 SF
Lot Size0.05 Acres
Price / SF$497.49
Days on Market514

Property Features for 71 Spring

General Information

Property type Commercial Sale
Property subtype Other
Parking 3
Parking features Covered, Parking Lot, Garage
Appliances GasWaterHeater
Lot features Central Business District, City Lot
Directions Hwy 62 to Hwy 23 North (Main Street), take a left onto Spring Street by the Auditorium and continue up the street. The property is on the right in the sharp curve of Pendergrass Corner.
Standard status Active
APN 925-00739-000
Size 995 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Description Part of Lot 7 and Part of Lot 8, Block 5, Riley and Armstrong Survey to the City of Eureka Springs, Arkansas
Legal Description Part of Lot 7 and Part of Lot 8, Block 5, Riley and Armstrong Survey to the City of Eureka Springs, Arkansas

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating), Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1900
Flooring type Wood
Building materials Brick
Listing Agency: New Horizon Realty, Inc.
Listed By: Mark Mattmiller · License #EB00056996
Added: Apr 13, 2025 Changed: Sep 2 Last Checked: Sep 8 at 9:06AM
MLS# 1304394

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.

Investment Insights

Based on property information with market context.

The Eureka Grill is a brick restaurant property with indoor dining, a kitchen, storage areas, and two half baths. A lower level with stone walls adds functional space, while a patio extends the customer area outdoors. The property also includes a detached storage building, one covered parking space, and two additional open parking spaces.

Located at 71 Spring in downtown Eureka Springs, the restaurant is positioned near the New Orleans and Basin Park hotels, art galleries, and specialty retail shops. Public water and sewer serve the property. Built in 1900, the building features wood flooring, central air conditioning, and heating supported by central, natural gas, and electric systems. The rear includes vacant space that may support future expansion, subject to applicable approvals.

Key Highlights

  • Established restaurant property at 71 Spring, Eureka Springs, AR 72632
  • Indoor dining, kitchen, storage, and two half baths
  • Patio plus lower level with stone walls

Property Analytics

Current Use

Eureka Grill Restaurant

Suggested Use

Top Pick Auto Repair Shop HVAC Service Hair Salon Plumbing Service (Bike/Boat/Book/etc) Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

765
Businesses Nearby
Under-served
Demand for This Use

Demographics for 72632, AR

4,704
Population
2,840
Households
1.7
Avg Household Size
55
Median Age
30%
College-Educated
96%
High-School Grad
97.8 sq mi
ZIP Area
48
Density / Sq Mi
$45,990
Median Household Income
$28,700
Median Earnings
$838
Median Rent
$228,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Brick restaurant with dining, kitchen, storage, and parking.
Where is this conventional restaurant located?
The property is located at 71 Spring Eureka Springs, AR.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Established restaurant property at 71 Spring, Eureka Springs, AR 72632; Indoor dining, kitchen, storage, and two half baths; Patio plus lower level with stone walls
More about this property
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