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Mixed-Use Historic Income Property
For Sale
$720,000

201 E Main Street, Heber Springs, AR 72543

Historic property includes 15 studio apartments, a restaurant leased annually, office space, and coin-operated laundry.

Property Size7,054 SF
Price / SF$102.86
Days on Market83

Property Features for 201 E Main Street

General Information

Standard status Active
Size 7,054 SF
Total Parking Spaces 15
Property subtype Commercial
Occupancy 100%

Additional Details

Liquor License Yes
Multifamily Units 15

Building Details

Building Size 7,054 SF
Year Built 1882
Stories 2
Listing Agency: McKenzie Realty Group
Listed By: Jessica Lockley
Source: Jcthornton
Added: Jun 3 Changed: Aug 23 Last Checked: Aug 23 at 6:22AM

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

Investment Insights

Based on property information with market context.

Built in 1882, this historic mixed-use income property combines residential and commercial components in one asset. The building offers 15 studio apartments along with lounge and common areas. Additional improvements include office space and on-site coin-operated laundry facilities. A fully operational restaurant is leased on an annual basis.

The property is located on Main Street in Heber Springs, Arkansas. Residential occupancy is reported at 100%, and commercial tenancy is already in place.

A transferable liquor license is included, supporting additional hospitality-related income potential as the property continues to operate as a mixed-use investment.

Key Highlights

  • Historic property originally built in 1882, offering 7,000+ SF of mixed‑use, income‑producing space
  • 15 studio apartments with residential occupancy reported at 100%
  • Fully operational restaurant leased on an annual basis

Property Analytics

Current Use

ASK Apparel Clothing & Fashion Store Heber Historic Inn Apartment Building Soap Tub (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Electrical Service HVAC Service Storage Facility Bakery

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

15
Residential units
100%
Occupancy
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

565
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Historic property includes 15 studio apartments, a restaurant leased annually, office space, and coin-operated laundry.
Where is this apartment building located?
The property is located at 201 E Main Street 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: Historic property originally built in 1882, offering 7,000+ SF of mixed‑use, income‑producing space; 15 studio apartments with residential occupancy reported at 100%; Fully operational restaurant leased on an annual basis
More about this property
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