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Two-Level Restaurant with Patio
For Sale
$525,000

71 Spring, Eureka Springs, AR 72632

COMMERCIAL - Eureka Springs, AR

Property Size995 SF
Lot Size0.05 Acres
Price / SF$527.64
Days on Market495

Property Features for 71 Spring

General Information

Property type Commercial Sale
Property subtype Other
Parking 3
Parking features Parking Lot, Covered, 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 Electric (Heating), Central, 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: Aug 4 Last Checked: Aug 20 at 4:06AM
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 two-level conventional restaurant with brick construction, offering indoor dining and separate kitchen, storage, and two half baths on the street level. The lower level includes additional interior space with stone walls. The property also features a patio area for guests and a detached storage building on a covered parking space, plus two additional open parking spaces. Utilities include public water and public sewer, with central heating and central air.

The restaurant is positioned in downtown Eureka Springs, steps from the New Orleans and Basin Park hotels and flanked by art galleries and specialty retail shops. The back portion includes vacant space for expansion, and covered outdoor seating could be added in the back using steel decking.

Built in 1900, the property is equipped with a gas water heater and includes both natural gas and electric heating systems, supporting flexible comfort for year-round dining.

Key Highlights

  • Street‑level indoor dining plus lower level with stone walls
  • Two half baths, kitchen, and storage on the street level
  • Patio area for locals and tourists to enjoy downtown

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 indoor dining, a lower level, and a patio area with nearby downtown hotel foot traffic.
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 $525,000.
What are key features of this property?
This property features: Street‑level indoor dining plus lower level with stone walls; Two half baths, kitchen, and storage on the street level; Patio area for locals and tourists to enjoy downtown
More about this property
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