Mixed-Use Property with Studio
For Sale
$720,000
201 E Main St, Heber Springs, AR 72543
Historic downtown property combines fully occupied studios with an operating restaurant, common areas, offices, and coin-operated laundry.
Property Size7,054 SF
Price / SF$102.07
Days on Market136
Property Features for 201 E Main St
General Information
Standard status
Active
Size
7,054 SF
Occupancy
100%
Units
Unit Mix
15 x studio
Multifamily Units
15
Additional Details
Road Access
Yes
Liquor License
Yes
Taxes and HOA fees
Annual Taxes
$4,417
Amenities
lounge
common areas
on-site laundry
Building Details
Year Built
1882
Buildings
1
Tenancy
Multi
Listing Agency:
McKenzie Realty Group
(501) 362-7500
Listed By:
Jessica Lockley
(662) 231-3684
Source:
Exprealty
Added: Jun 4
Changed: Oct 10
Last Checked: Oct 16 at 2:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of McKenzie Realty Group
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Investment Insights
Based on property information with market context.
Built in 1882, this 7,054-square-foot mixed-use property combines residential, restaurant, and supporting commercial components. The building includes 15 studio apartments, lounge and common areas, office space, and on-site coin-operated laundry facilities. Residential occupancy is 100%, while the restaurant is leased on an annual basis and currently operational. A transferable liquor license is included.
The property is located on Main Street in Heber Springs, within walking distance of shopping, dining, entertainment, and local attractions. Its existing configuration supports continued mixed-use operation, with residential units alongside established restaurant space and shared amenities.
The property is located on Main Street in Heber Springs, within walking distance of shopping, dining, entertainment, and local attractions. Its existing configuration supports continued mixed-use operation, with residential units alongside established restaurant space and shared amenities.
Key Highlights
- 7,054 SF mixed‑use property built in 1882
- 15 studio apartments with 100% residential occupancy
- Operational restaurant leased on an annual basis
Property Analytics
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Current Use
Lease Details
15
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
565
Businesses Nearby
Explore this area
Business Placement
Demographics for 72543, AR
12,175
Population
7,088
Households
1.7
Avg Household Size
50
Median Age
20%
College-Educated
90%
High-School Grad
113.7 sq mi
ZIP Area
107
Density / Sq Mi
$58,145
Median Household Income
$34,067
Median Earnings
$836
Median Rent
$180,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Historic downtown property combines fully occupied studios with an operating restaurant, common areas, offices, and coin-operated laundry.
Where is this mixed-use property located?
The property is located at 201 E Main St Heber Springs, AR.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: 7,054 SF mixed‑use property built in 1882; 15 studio apartments with 100% residential occupancy; Operational restaurant leased on an annual basis
