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Key Facts

Type Other
Levels Commercial Sale
Size 14738 sqft
Garage No
Maintenance Fees 
Taxes 
Days Active 2
Approx. Age 1965
Avg. Price Per Sqft $108
MLS® Number 1308056

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional Investment Opportunity in Holiday Island, AR Unlock the potential of this commercial property offering multiple income streams. Located in a growing resort community, it includes two major features: 1. Hotel-to-Multifamily Conversion: A 10, 500 sq.Ft. Building, originally a 30-room hotel, is being transformed into 24 studio and 1-bedroom units, with 11 already completed and rented. Ideal for short or long-term rental income. 2. Turnkey Restaurant & Bar: A 4, 338 sq.Ft. Fully equipped restaurant with a commercial kitchen, dining area, and bar. It includes an 832 sq.Ft. Outdoor deck for events or expanded seating. Above the restaurant is a 2-bedroom, 1-bath apartment for owner use or additional rental income. Both buildings are on a single tax parcel, simplifying management. This property offers incredible versatility and upside in a thriving destination.Show Description
MLS® Number1308056
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1965
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatElectric, Heat Pump
A/CElectric, Heat Pump
Heating Fuel

Extras

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