302 N Main Street 302 N Main Street Melbourne, Arkansas 72556 United States
$425,000
1 of 22
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- 5,140 Sq Ft.
- Interior
- .5 Acres
- Exterior
- Commercial
- Property type
- 1979
- Year Built
- 1296823
- Web Id
- 1296823
- MLS ID
Located in the heart of Downtown Melbourne, AR, DenMill Cedar Lodge presents a unique investment opportunity with 17 rooms and a spacious manager's quarters. The property currently features 4 rooms rented as long-term, 11 rooms available for...
About 302 N Main Street
Located in the heart of Downtown Melbourne, AR, DenMill Cedar Lodge presents a unique investment opportunity with 17 rooms and a spacious manager's quarters. The property currently features 4 rooms rented as long-term, 11 rooms available for nightly rentals, and 2 rooms currently unavailable - one serving as storage and the other cleared out for an unfinished coffee shop. Spanning +/- 5,140 SF across two buildings, the lodge offers mostly ground-level rooms with convenient parking right outside the entrances, ensuring ease of access for guests. With affordable housing scarce in Melbourne, the best use of the property may be long-term rentals. The current owners have invested in significant upgrades to both the lobby and rooms, enhancing it's appeal for tenants/guests. Additionally, DenMill Cedar Lodge is located +/- 1.2 miles from Ozarka College, a technical college with an enrollment of +/- 1,000 students each semester, making it a prime choice for both visitors and residents seeking nearby accommodations.
Listing Courtesy of Keller Williams Market Pro Realty Bentonville West,Data provided by NABOR, inc, Email/Phone : 479-330-1250
Listing Courtesy of Keller Williams Market Pro Realty Bentonville West,Data provided by NABOR, inc, Email/Phone : 479-330-1250
Amenities
- Furnished
- Vinyl Flooring
- heating/cooling
- sewer
features
- cooling
- Electric
- Parking
- Parking, 20 attached parking
- lot description
- laminate flooring, Ceramic
PROPERTY INFORMATION
- Cooling
- Ductless, Electric, WindowUnits
- Parking Description
- ParkingLot
- Sewer
- PublicSewer
- Waterfront
- Public
EXTERIOR
- Construction
- Brick, Block, Concrete
- Lot Description
- CityLot, InteriorLot
- Roofing
- Metal
INTERIOR
- Flooring
- CeramicTile, Laminate, SimulatedWood, Vinyl
ADDITIONAL INFORMATION
- Number of Units
- 17
Listing Courtesy ofKeller Williams Market Pro Realty Bentonville West, Email/Phone : 479-330-1250