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Brick 12-Unit Hotel
For Sale
$325,000

69 Courthouse Square, Murfreesboro, AR 71958

Commercial Sale, Murfreesboro, AR

Property Size8,700 SF
Lot Size0.34 Acres
Price / SF$37.36
Days on Market76

Property Features for 69 Courthouse Square

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 15
Full bathrooms 15
Rooms Bathroom 5, Bathroom 2, Bathroom 6, Bathroom 4, Bathroom 1, Bathroom 13, Bathroom 3, Bathroom 14, Bathroom 15, Bathroom 8, Bathroom 11, Bathroom 12, Bathroom 7, Bathroom 9, Bathroom 10
Parking 1
Subdivision Out of Area Arkansas
Directions Take Hwy 27 to Murfreesboro go to the roundabout will be across from Pike County Courthouse
Standard status Active
Size 8,700 SF
Lot size 0.34 Acres

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

custom-built cedar furnishings
managers quarter
laundry/maid's quarters
seating area with breakfast bar area

Building Details

Year built 1889
Floors in Building 2
Number of units 12
Flooring type Vinyl, Carpet, Wood
Building materials Brick
Roof type Metal
Listing Agency: Gerald Haire Realty
Listed By: Kathy Samson
Added: Jul 12 Changed: Sep 16 Last Checked: Sep 25 at 10:06PM
MLS# 200841

Copyright © 2026 Texarkana Board of Realtors. 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.

Built in 1889, this 8,700-square-foot hotel property occupies 0.34 acres in downtown Murfreesboro. The brick building includes 12 rental units furnished with custom-built cedar pieces, along with a manager’s residence featuring three bedrooms, one bathroom, and an open kitchen and living area. A breakfast-bar seating area and laundry or maid’s quarters support the property’s hospitality layout.

Interior finishes include carpet, wood, and vinyl flooring. Central heating and central air conditioning serve the building, while public water and public sewer are in place. The property is located at 69 Courthouse Square, within downtown Murfreesboro’s setting of diners and shops, and is a few miles from Lake Greeson. The Crater of Diamonds is also identified in the surrounding area.

Key Highlights

  • 12 rental units within an 8,700‑square‑foot hotel property
  • 0.34‑acre downtown Murfreesboro property at 69 Courthouse Square
  • Manager’s quarters with 3 bedrooms, 1 bath, and open kitchen/living area

Property Analytics

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Current Use

Hotels

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Electrical Service Real Estate Agency Auto Repair Shop Plumbing Service

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

251
Businesses Nearby

Demographics for 71958, AR

2,327
Population
1,461
Households
1.6
Avg Household Size
46
Median Age
13%
College-Educated
87%
High-School Grad
140.0 sq mi
ZIP Area
17
Density / Sq Mi
$50,130
Median Household Income
$31,432
Median Earnings
$540
Median Rent
$107,800
Median Home Value
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Frequently Asked Questions

What type of property is this?
Hotel - Historic lodging asset includes dedicated management quarters and guest-service spaces.
Where is this hotel located?
The property is located at 69 Courthouse Square Murfreesboro, AR.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 12 rental units within an 8,700‑square‑foot hotel property; 0.34‑acre downtown Murfreesboro property at 69 Courthouse Square; Manager’s quarters with 3 bedrooms, 1 bath, and open kitchen/living area
More about this property
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