Search
Historic Retail Apartment Building
For Sale
$649,000

87 Spring Street, Eureka Springs, AR 72632

SINGLE_FAMILY - Eureka Springs, AR

Property Size3,000 SF
Price / SF$216.33
Days on Market155

Property Features for 87 Spring Street

General Information

Property type Residential
Property subtype Retail
Zoning description Commercial
Rooms Basement
Parking 1
Lot features Central Business District, City Lot
Directions From HWY 62, turn north onto Main street, at the split, go left and the property is up the hill on the right.
Standard status Active
APN 925-00731-000
Size 3,000 SF

Taxes and HOA fees

Tax Description SHORT ST N SD PT F-L28'E SD LOT4 B-L 28' E SD LOT 4
Tax Annual Amount 3927
Legal Description SHORT ST N SD PT F-L28'E SD LOT4 B-L 28' E SD LOT 4

Building Details

Year built 1913
Floors in Building 2
Flooring type Wood
Roof type Metal
Listing Agency: Coldwell Banker Harris McHaney & Faucette-Rogers
Listed By: Heather Carter · License #SA00096615
Added: Mar 11 Changed: Jun 24 Last Checked: Aug 12 at 12:06AM
MLS# 1338969

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.

This two-story historic building offers a high-visibility retail storefront on the main level and a separate 2-bedroom apartment upstairs. The apartment is currently operating as a turnkey Airbnb and is offered fully furnished, creating flexibility for continued short-term rental use, a private residence, or a live/work setup for an owner-operator.

Situated in the heart of the Eureka Springs Historic District on Spring Street, the property is surrounded by boutiques, restaurants, and galleries and benefits from year-round tourist traffic. The offering also includes one off-street parking space, a practical convenience in historic downtown.

For tenants, buyers, and owner-operators, the layout supports a combined business-and-living use, with retail below and independent apartment space above. Retail visibility paired with an income-generating upstairs unit may appeal to operators looking for day-to-day control of their use, while also providing the option to continue the short-term rental program or convert the residence as needs change.

Key Highlights

  • Prime location on Spring Street in the Eureka Springs Historic District with high tourist traffic.
  • Mixed‑use property with retail storefront and 2‑bedroom apartment.
  • Turnkey Airbnb apartment provides immediate income potential.

Property Analytics

Current Use

Silly Chile Grocery & Convenience Store Loft with Balls Hotel & Motel

Suggested Use

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

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

Lease Details

1
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

511
Businesses Nearby
Balanced
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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Storefront property - Two-story historic building with a main-level retail storefront and a fully furnished 2-bedroom apartment above.
Where is this storefront property located?
The property is located at 87 Spring Street Eureka Springs, AR.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Prime location on Spring Street in the Eureka Springs Historic District with high tourist traffic.; Mixed‑use property with retail storefront and 2‑bedroom apartment.; Turnkey Airbnb apartment provides immediate income potential.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message