302 N Main Street 302 N Main Street Melbourne, Arkansas 72556 United States

$425,000
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5,140 Sq Ft.
Interior
.5 Acres
Exterior
Commercial
Property type
1979
Year Built
1296823
Web Id
1296823
MLS ID
Melbourne
School District
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

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
This Melbourne Commercial is for Sale at $425,000 USD and was built in 1979. Has 5,140 Sq.Ft. on a lot of .5 Acres.

 

Keller Williams Market Pro Realty Bentonville West

Listing Courtesy ofKeller Williams Market Pro Realty Bentonville West, Email/Phone : 479-330-1250
Contact Agent