$550,000
$1,600,000
65.6%For more information regarding the value of a property, please contact us for a free consultation.
3, 5 Woodsdale Dr Holiday Island, AR 72631
14,738 SqFt
Key Details
Sold Price $550,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 14,738 sqft
Price per Sqft $37
MLS Listing ID 1308056
Sold Date 11/07/25
Construction Status 25 Years or older
HOA Y/N No
Year Built 1965
Lot Size 2.320 Acres
Acres 2.32
Property Sub-Type Other
Property 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.
Location
State AR
County Carroll
Direction From Rogers, AR 94 N to AR 187, Turn right on Golden Gate, Left onto Carroll County 254, Turn left into 5 Woodsdale Dr.
Interior
Heating Electric, Heat Pump
Cooling Electric, Heat Pump
Flooring Vinyl
Appliance Electric Water Heater, Gas Water Heater
Exterior
Community Features Trails/Paths
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Roof Type Architectural,Metal,Shingle
Building
Lot Description Corner Lot, City Lot, Near Golf Course, Neighborhood, Wooded
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Construction Status 25 Years or older
Others
Acceptable Financing ARM, Conventional
Listing Terms ARM, Conventional
Special Listing Condition None
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Coldwell Banker Harris McHaney & Faucette-Rogers