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    29 Main St Eureka Springs, AR 72632

    • Retail space
    • 4,204 SF
    For Sale
    View listing
    $3,450,000
    Value Estimation
    Location Intelligence
    Property ID
    US05-1471373
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Judge Roy Beans Old Time Photo & Weddings / Wedding Service / Portrait Studio

    Property Details for 29 Main St

    Year built
    1900
    Property size
    4,204 SF
    Property type
    Retail space
    APN
    925-01199-000
    APU
    92501199000

    Description

    This exceptional Eureka Springs, Arkansas commercial property presents a unique investment opportunity. Located at 29 S Main Street, this 5,745 square foot retail building boasts a rich history, dating back to 1900, and has undergone a complete renovation seamlessly blending historic charm with modern amenities. The ground floor currently houses the established Judge Roy Bean's Old Time Photos business, operational since 1992, complete with all equipment and the existing website included in the sale price of $3,450,000. Upstairs, three luxurious Airbnb rental units generate substantial income, featuring a separate commercial kitchen and all furnishings and supplies included in the sale. Two coveted parking spaces are also part of this offering, adding significant value in this desirable location. Furthermore, an additional lot at 1 First Street, encompassing a small historic building (the icehouse), is included. Pending city approval, this extra space offers considerable potential for expansion or redevelopment. This turnkey operation provides immediate income streams and significant upside potential in the thriving Eureka Springs market. The property's prime location in the heart of Eureka Springs, near popular attractions like Rock House Suites, ensures consistent high demand and strong rental income.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Eureka Springs
    County
    Carroll
    State
    Arkansas
    Longitude
    -93.7385
    Latitude
    36.4014

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,799
    $13,000
    $101,840
    $114,840
    -
    $65,000
    $509,200
    $574,200

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    29 Main St
    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
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