2094 E Van Buren
Eureka Springs, Ar 72632

For Sale
  • Mixed Use
  • Office
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For Sale
  • Mixed Use
  • Office

$1,200,000

$62 per sqft

19340 Sqft

2.07 Acres

Iconic Candlewick Inn & Suites located at the heart of "Hospitality Row" in popular Ozark tourist destination Historic Eureka Springs, AR. Finish what the owner started on the path to profitability by continuing remodel of this 46-Key gem with heated salt water pool. Priced to sell at $26K/Key. Main Building - 32 keys in 2-level building. 25 rooms currently guest-ready. 7 rooms offline pending repairs in progress. Second Building - 14 keys incl. a 2-room Penthouse Suite in 3 level building. All rooms in this building currently offline due to work in progress to complete repairs related to pipe freeze water damage. Insurance settlement pending. Manager's Building - 2-level free standing with spacious registration lobby & manager's quarters on 2nd level. Recent Remodeling - 16 King & Queen

Iconic Candlewick Inn & Suites located at the heart of "Hospitality Row" in popular Ozark tourist destination Historic Eureka Springs, AR. Finish what the owner started on the path to profitability by continuing remodel of this 46-Key gem with heated salt water pool. Priced to sell at $26K/Key. Main Building - 32 keys in 2-level building. 25 rooms currently guest-ready. 7 rooms offline pending repairs in progress. Second Building - 14 keys incl. a 2-room Penthouse Suite in 3 level building. All rooms in this building currently offline due to work in progress to complete repairs related to pipe freeze water damage. Insurance settlement pending. Manager's Building - 2-level free standing with spacious registration lobby & manager's quarters on 2nd level. Recent Remodeling - 16 King & Queen Rooms completely remodeled in both buildings. Work incl. drywall, electrical, plumbing, flooring, paint and furnishings. A Penthouse Suite added comprised of 2-rooms and features kitchenette, washer-dryer and upgraded FF&E.

MLS 1349660
Type Commercial Sale
Property Sub Type Hotel Motel
Built 1980
County Carroll
Lot Size 2.07
Lot Desc City Lot
Listed By Andora Real Estate

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