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    60 Hillside Ave Eureka Springs, AR 72632

    Sponsored
    For Sale
    $1,175,000

    Prime Eureka Springs location, 3,558 sq ft lot.

    Property size:
    3,558 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3,558 square foot commercial lot, located at 60 Hillside Avenue in Eureka Springs, Arkansas, presents a unique investment opportunity. Situated in Carroll County, zip code 72632 (latitude 36.4108228, longitude -93.7347832), this property is ideally positioned within a highly sought-after vacation destination. The asking price is $1,175,000. While previously operating as a highly-rated inn, boasting five guest suites each with updated bathrooms, and two suites with private entrances, this land offers immense potential for various commercial ventures. The property includes a welcoming eating area with a fireplace, perfect for guest gatherings or business functions. The existing residence has been updated for comfortable living, making it suitable for owner occupancy or staff housing. A key advantage is the property's direct access to the Spring Garden Trail, providing easy pedestrian access to downtown Eureka Springs. Further enhancing its appeal are the on-site Tesla and electric vehicle chargers, a unique amenity in Eureka Springs, and a convenient trolley stop. The property is being sold fully furnished, presenting a turnkey opportunity for immediate operation. This versatile lot offers a blend of established infrastructure and prime location, making it an attractive investment for discerning buyers.

    Property Features for 60 Hillside Ave

    General Information

    Property type
    Land
    Square Feet
    3,558 SF

    HighLights

    • 3,558 square foot commercial lot in Eureka Springs, AR.
    • Located at 60 Hillside Avenue, zip code 72632.
    • Asking price: $1,175,000.
    • Previously operated as a five‑suite inn with updated bathrooms and two private entrances.
    • Features a common eating area with fireplace.
    • Offers owner occupancy or staff housing potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Arsenic and Old Lace ... Bed & Breakfast Tesla Destination Charger Electric Vehicle Charging Station

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Nail Salon Gym & Fitness Pharmacy Wholesale Shop Skin Care Clinic Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Eureka Springs
    County
    Carroll
    State
    Arkansas
    Longitude
    -93.7347832
    Latitude
    36.4108228

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    FAQs

    What type of property is this?
    Land - Prime Eureka Springs location, 3,558 sq ft lot.
    Where is this land located?
    The property is located at 60 Hillside Ave Eureka Springs, AR.
    What is the asking price?
    The asking price for this property is $1,175,000.
    What are key features of this property?
    This property features: 3,558 square foot commercial lot in Eureka Springs, AR.; Located at 60 Hillside Avenue, zip code 72632.; Asking price: $1,175,000.
    (479) 640-5506
    Request Owner's contact information
    60 Hillside Ave Eureka Springs, AR 72632
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    Eureka Springs, AR 72632
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    60 Hillside Ave Eureka Springs, AR 72632
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