5 Woodsdale Drive
Holiday Island , AR 72631
MLS#: 1308056
$1,600,000
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1965
Sq.Footage
14,738
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Electric, Heat Pump
-
Heating YN
YES
-
Heating
Electric, Heat Pump
Exterior
-
Garage
No
-
Parking
Parking Lot, On Street
-
Pool
No
Area & Lot
-
Lot Features
On Golf Course, Corner Lot, City Lot, Near Golf Course, Wooded
-
Lot Size(acres)
2.32
-
Property Type
Commercial Sale
Price
-
Sales Price
$1,600,000
-
Zoning
Commercial
-
Sq. Footage
14, 738
-
Price/SqFt
$108
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Association Amenities
Trail(s)
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Tax Lot
n/a
-
Water Source
Public
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Location
County
Carroll
Elementary School
Middle School
High School
Listing Courtesy of Stephen Mansfield , Coldwell Banker Harris McHaney & Faucette-Rogers
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Branch Broker
DebbieNeal
Call Debbie today to schedule a private showing.
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