150 Passion Play Rd - Restaurant FOR SALE


Eureka Springs, AR 72632
$1,650,000 USD
479-459-3176
150 Passion Play Rd, Eureka Springs, AR for Sale
$1,650,000 USD
Restaurant - FOR SALE
1/19
null | 6.06% Cap Rate

150 Passion Play Rd
Eureka Springs, AR 72632


HIGHLIGHTS

  • 15± acres with commercial zoning and frontage near key tourism corridors.
  • 4,300 ± SF commercial building configured as a restaurant, event venue, and gathering space
  • Fully equipped commercial kitchen with espresso bar and flexible event/banquet layout.
  • Large parking area and utilities in place, supporting current operations.
  • Additional Utilities in place for nightly rental expansion
  • Newly built luxury 2-bed, 2-bath cabin included — generating rental income or offering owner-use potential

OVERVIEW

Turnkey Hospitality + Event Venue Compound with Expansion Potential in Eureka Springs, Arkansas Offered at $1,650,000, this turnkey hospitality compound presents a rare opportunity in one of the region’s most desirable tourism corridors. Located just minutes from downtown Eureka Springs — a well-established destination with year-round visitation driven by weddings, outdoor recreation, and historic attractions — the property includes multiple revenue streams and significant expansion upside. Property Highlights: • 15± acres with commercial zoning and frontage near key tourism corridors. • 4,300 ± SF commercial building configured as a restaurant, event venue, and gathering space. • Fully equipped commercial kitchen with espresso bar and flexible event/banquet layout. • Large parking area and utilities in place, supporting current operations. • Newly built luxury 2-bed, 2-bath cabin included — generating rental income or offering owner-use potential. • Infrastructure and site access ready for additional cabin construction or light development on the balance of the acreage. Business & Income Overview: This property operates with established cash flow through weddings, private events, restaurant and food service, and short-term lodging. The current NOI reflects approximately $70,000 under the existing structure. A new owner has clear avenues to scale revenue through pricing optimization, additional cabins, expanded marketing, and enhanced F&B offerings. Investment Attributes: • Immediate operational cash flow from diversified revenue streams. • Expansion potential with utilities and access already in place across undeveloped acreage. • Strong tourism fundamentals in Eureka Springs, a unique destination market with a loyal visitor base. • Ideal for hospitality investors, owner-operators, and boutique lodging groups. Value Proposition: This offering combines a functioning business with real estate and infrastructure in place — eliminating typical development hurdles associated with rural land. With a credible NOI and strong narrative for upside growth, this property appeals to both investment-driven buyers and lifestyle operators. Financials available upon signed NDA.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$413 USD /SF

CAP RATE

6.06%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Basecamp Venue, Restaurant, and Cabin

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

14 AC

LAND SF

609,840 SF

ZONING

Commercial

APN/PARCEL ID

925-02038-092

ASK ABOUT THIS PROPERTY

Heather CarterColdwell Banker Harris Mchaney & Faucette-rogersMore Info
479-459-3176

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Heather CarterColdwell Banker Harris Mchaney & Faucette-rogersMore Info
479-459-3176

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.