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.
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0BEDS
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2.32ACRES
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0BATHS
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01/2 BATHS
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14,738SQFT
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$109$/SQFT
School Ratings & Info
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.
© 2025 Northwest Arkansas Board of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Equity Partners Realty. Data last updated: 2025-06-23T07:26:11.18.
Listing provided by Coldwell Banker Harris McHaney & Faucette-Rogers: 479-696-0600.