110 Mclean Ave Cotter, AR 72626

This exceptional property, located at 110 McLean Avenue in Cotter, Arkansas, presents a unique investment opportunity. Originally constructed in 1903, this beautifully restored hotel boasts 12 guest rooms, including three en-suite rooms on the main level, one of which is handicap accessible. The main level also features a lobby, a common room with comfortable furnishings, and a fully equipped cooks' kitchen complete with a gas stove, double refrigerator, and ample stone countertops. Additional amenities include a state-of-the-art laundry facility and multiple storage rooms. The second floor houses nine guest rooms, each equipped with flat-screen televisions, and four full bathrooms. Outdoor features include a fire pit and additional parking. All furniture, furnishings, and inventory are included in the sale, making this a truly turnkey operation. The 5,972 square foot building sits on a commercial lot and is situated in an area designated for the Cotter Entertainment District, approved by the City Council on August 22, 2024. This property is ideal for a family compound, corporate retreat, vacation rental, or even a private residence. The asking price is $1,295,000.